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
Shares of Billionbrains Garage Ventures, the parent of online broking platform Groww, soared 17% to ₹153.50 on the BSE in Thursday's intra-day deal amid heavy volumes.
The listing performance exceeded grey market expectations, where the stock was quoted around ₹105 ahead of its debut, indicating a 5 per cent premium in the unofficial market
Stocks to Watch today: Groww, Tata Motors CV, Bajaj Finserv, Biocon, Bharat Forge, BSE and Tata Power are among the stocks to watch today, November 12, 2025