Analysts attributed the weakness to capital market regulator Sebi's latest study, which showed a decline in active derivatives traders in FY26 following tightened regulations.
Favourable base, stronger domestic activity, government capex and operating leverage were seen aiding the SMIDs' Q1 FY27 results.
Startup accelerator Y Combinator on Tuesday divested nearly a 1.2 per cent stake in Billionbrains Garage Ventures, the parent company of Groww, for Rs 1,435 crore through an open market transaction. US-based Y Combinator through its affiliate YC Holdings II, LLC, sold a total of 7,46,87,500 shares, representing a 1.19 per cent stake in Bengaluru-based Groww, as per the bulk deal data on the BSE. The shares were offloaded at an average price of Rs 192.16 apiece, taking the transaction size to Rs 1,435.19 crore. After the latest transaction, YC Holdings II LLC's shareholding in the stock broking firm declined to 7.44 per cent from 8.63 per cent. Details of the buyers of Billionbrains Garage Ventures' shares could not be ascertained on the exchange. Shares of Billionbrains Garage Ventures settled 2.52 per cent lower at Rs 193.70 apiece on the BSE on Tuesday. In May, Y Combinator sold a 1.45 per cent stake in Billionbrains Garage Ventures for Rs 1,642 crore through an open market ...
In early deals on Tuesday, as many as 76.55 million equity shares representing 1.22 per cent of total equity of Groww changed hands on the BSE, the exchange data shows.
UTI AMC, Nuvama Wealth Management, 360 ONE WAM, KFin Technologies, Angel One and MCX dropped 3 per cent each in intra-day trade on Thursday.
Billionbrains Garage Ventures Ltd, the parent company of the digital investment platform Groww, on Wednesday reported a 94.3 per cent year-on-year increase in consolidated Profit After Tax (PAT) to Rs 735.04 crore for the quarter ended June 30. Bengaluru-headquartered company had earned a PAT of Rs 378.35 crore in the corresponding period last year. The company's revenue from operations rose 66 per cent to Rs 1,501.42 crore during the April-June quarter of FY27 from Rs 904.40 crore a year earlier, according to a stock exchange filing. On a sequential basis, revenue from operations remained largely flat at Rs 1,501.42 crore, compared with Rs 1,505.37 crore in the January-March quarter of FY26. PAT, however, increased from Rs 686.36 crore in the preceding quarter. Total expenses increased to Rs 555.68 crore from Rs 444.67 crore in the year-ago period. Shares of the company were trading 3.7 per cent higher at Rs 211.4 on the BSE in the afternoon trade.
Groww share price target: Rajesh Palviya said that looking at the business volumes and traction on its platform, the stock has potential to extend the rally from current levels and move towards ₹260
Q1FY27 company results: Firms including HDFC Life Insurance Company, ICICI Lombard, Jana Small Finance, HDB Financial Services are also set to release their earnings today
Stocks to watch today: Indian stock market was slated to open on a positive note. On stock-specific front, IT stocks will be in focus after IBM's weak outlook.
The buying on the counter came after on Thursday, Goldman Sachs bought more than 1.13 crore shares of Groww, from venture capital firm Friale for ₹210 crore
Angel One, Groww, 360 One Wam: 3 brokerages with up to 250% surge in Q4 net profit; time to buy stocks?
Groww block deal: According to Bloomberg data, 319.3 million shares or 5.1 per cent of equity were traded in multiple block deals
Stocks to watch today: Groww, Indian Hotels, Tata Power, JSW Energy, Persistent Systems, HFCL, Bharat Forge, HG Infra Engineering, among others, will remain in focus today.
While describing midcaps as a stock-specific universe, analysts attributed the outperformance to healthy valuation normalisation in the segment over the past few quarters
Groww Q4FY26 profit jumps 122% YoY. Analysts remain bullish on growth but flag rich valuations. Check target prices, ratings, and outlook
Groww reported a revenue from operations of ₹1,505.37 crore, up 87.93 per cent from ₹801.01 crore in the year-ago period
Stocks to Watch today, April 20, 2026: From HDFC Bank to Trent, here is a list of stocks to remain in focus
BofA sees scope for re-rating as Groww drives further margin expansion, and establishes a credible present in wealth management
On the National Stock Exchange (NSE), Nifty Capital Markets gained 3.9 per cent, logging an intra-day high at 5,144.25
Groww share price soared 9 per cent to hit a new all-time high at ₹213 in Wednesday's trade, and the stock has surged 42 per cent thus far in April.