Groww share price rose on strong volume on Friday: Till 01:08 PM; a combined 167.63 million equity shares changed hands on the NSE and BSE.
Billionbrains Garage Ventures' net profit fell 28 per cent in the December quarter, even as revenues rose 16 per cent on growth in new segments and a rising active client base
Groww attributed the drop in profit to a one-time long-term incentive that materialised in Q3FY25. When that is excluded, the company said that its Q3FY26 profit increased 24 per cent Y-o-Y
Groww share price gained 3.70 per cent in two sessions to Tuesday
Shrikant Chouhan, head of equity research at Kotak Securities, remains upbeat on Apollo Hospitals and Billionbrains Garage Ventures (Groww) shares today. Check out the key reasons here
The stockbroker is seeking shareholder approval for amendments to the ESOP scheme and rights for founders to appoint directors to the board
On the bourses, Billionbrains Garage Ventures' share price climbed as much as 2.7 per cent to an intraday high of ₹159.75 before paring gains to trade 0.26 per cent lower at ₹155.15 around 11:30 AM.
Groww's parent Billionbrains Garage Ventures share price jumped to a three-week high on Friday. The stock price surged as Jefferies started coverage with a 'Buy' rating
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Groww shares are currently trading 45 per cent above its issue price of ₹100 and 30 per cent its listing price of ₹112 per share.
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Groww is well placed to benefit from India's rising culture of financialisation and retail investing, even as the broader brokerage industry faces near-term regulatory headwinds
Groww's first quarterly results as a listed company show a 12 per cent rise in profit despite a revenue drop, as tighter derivatives rules weigh on volumes
Despite the rebound, the stock remains around 13 per cent below its November 18 peak of ₹193.80, achieved less than a week after listing
Groww competes with Angel One, Motilal Oswal Financial Services and Zerodha in India
Groww shares are up nearly 50 per cent since listing on November 12, compared to a 1 per cent advance in the benchmark Nifty 50.
Groww's board will meet on November 21, 2025, to consider and approve the financial results for the quarter and half year ended September 30, 2025
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Groww stock surpassed LG Electronics, Max Healthcare Institute, IDBI Bank, Jindal Steel and Indus Towers in the overall market cap ranking, shows BSE.
Shares of Groww's parent rallied as much as 14.37 per cent on Monday to ₹169.87 per share, taking its market capital to ₹1.04 trillion