Positive impactSector
Deven Choksey bullish on IT stocks, sees Jio Platforms doubling profits in 4-4.5 years
CNBC-TV18 1 hr ago·14 Oct 2026, 4:45 am
Deven Choksey, a prominent market analyst, has highlighted the growth potential of Jio Platforms, a key entity within the Reliance Industries ecosystem. He projects that the company could double its profits within a timeframe of four to four and a half years. This outlook is based on the company's strategic expansion and increasing market share in the digital services sector.
For investors, this prediction signals a long-term growth story. It suggests that the company is on a strong trajectory to increase its profitability, which can be a positive indicator for its stock performance over the medium to long term. The focus is on the company's ability to execute its business plans and capitalize on market opportunities.
Investors should monitor the company's quarterly results and its progress in expanding its service offerings. Keeping an eye on the broader economic environment and the competitive landscape will also be important to assess the sustainability of this growth momentum.
Excerpt from CNBC-TV18
Published On Oct 14, 2026 | 10:15 IST Last Updated On Oct 14, 2026 | 10:15 IST Market expert Deven Choksey believes IT stocks are a good buy after recent corrections, expects Jio Platforms to double its profits in four to four-and-a-half years, and sees a 15-20% upside for Jubilant FoodWorks. Deven Choksey, Managing…Read the original at CNBC-TV18
Affected stocks
Bullish1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns Jubilant Foodworks (JUBLFOOD).
- Category: Sector.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update for Jubilant Foodworks worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
