Thursday, January 15, 2026 | 09:21 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Groww

Groww Q3 results: PAT down 28% despite rise in revenues and client base

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 Q3 results: PAT down 28% despite rise in revenues and client base
Updated On : 14 Jan 2026 | 7:19 PM IST

US-based State Street to buy 23% stake in Groww AMC for ₹580 crore

US-based asset manager State Street Investment Management will acquire a 23 per cent stake in Groww Asset Management for USD 65 million (Rs 580 crore), in a move aimed at strengthening its presence in India, the asset management arm of Billionbrains Garage Ventures said on Wednesday. The investment will be made in one or more tranches. The total investment comprises Rs 381 crore through secondary share purchases and about Rs 199 crore in fresh capital, which could dilute Groww AMC's stake up to 23 per cent. "The investment will help State Street Investment Management to strengthen its presence in India while also enabling the delivery of Indian-focused investment strategies to its clients globally," the US-based firm said in a statement. Separately, in a stock exchange filing, Groww AMC said it has entered into an agreement with State Street Global Advisors Inc, an entity that operates under the State 'Street Investment Management' brand, for an investment into the ...

US-based State Street to buy 23% stake in Groww AMC for ₹580 crore
Updated On : 14 Jan 2026 | 5:06 PM IST

Stock Market Close: Sensex down 245 pts, Nifty at 25,666; IT, realty top losers, metals outperform

Sensex Today | Stock Market LIVE Updates, Jan 14, 2026: On BSE, Tata Steel, NTPC and Axis Bank were top gainers, while Asian Paints, TCS and Maruti Suzuki were top drags.

Stock Market Close: Sensex down 245 pts, Nifty at 25,666; IT, realty top losers, metals outperform
Updated On : 14 Jan 2026 | 3:53 PM IST

Groww Q3FY26 result: Net profit falls 28% to ₹547 cr, revenue up 25%

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 Q3FY26 result: Net profit falls 28% to ₹547 cr, revenue up 25%
Updated On : 14 Jan 2026 | 2:49 PM IST

Q3 result: Infosys, HDFC AMC, ICICI Prudential AMC among 25 firms on Jan 14

Q3FY26 company results: Firms including Groww, Anand Rathi Share and Stock Brokers, Aditya Birla Money, and Den Networks are also to release their July-September earnings reports today

Q3 result: Infosys, HDFC AMC, ICICI Prudential AMC among 25 firms on Jan 14
Updated On : 14 Jan 2026 | 10:10 AM IST

Groww rises for second day as Kotak Sec starts coverage; check target price

Groww share price gained 3.70 per cent in two sessions to Tuesday

Groww rises for second day as Kotak Sec starts coverage; check target price
Updated On : 13 Jan 2026 | 12:30 PM IST

Don't miss out on these two stocks today; check ratings, targets inside

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

Don't miss out on these two stocks today; check ratings, targets inside
Updated On : 13 Jan 2026 | 7:03 AM IST

Groww faces proxy advisory pushback over Esop, board nomination proposals

The stockbroker is seeking shareholder approval for amendments to the ESOP scheme and rights for founders to appoint directors to the board

Groww faces proxy advisory pushback over Esop, board nomination proposals
Updated On : 09 Jan 2026 | 10:59 PM IST

Why did Motilal Oswal start coverage on Groww with 'Buy' rating? Check here

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.

Why did Motilal Oswal start coverage on Groww with 'Buy' rating? Check here
Updated On : 06 Jan 2026 | 11:56 AM IST

Pre-listing hype or real gains? What 2025's IPO numbers say about GMPs

Companies raised a total of ₹1.74 trillion (₹1,74,379 crore) through 101 mainboard initial public offerings, making the year a landmark for equity fundraising

Pre-listing hype or real gains? What 2025's IPO numbers say about GMPs
Updated On : 22 Dec 2025 | 8:05 AM IST

Brokerage firm Jefferies initiates Groww at 'buy'; stock jumps 12%

The brokerage firm has set a price target of ₹180, implying an upside of about 12 per cent from current levels. Shares of Groww are already up 61 per cent over their IPO price

Brokerage firm Jefferies initiates Groww at 'buy'; stock jumps 12%
Updated On : 19 Dec 2025 | 10:47 PM IST

Groww share price surges 13% as Jefferies initiates 'Buy' for 25% upside

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

Groww share price surges 13% as Jefferies initiates 'Buy' for 25% upside
Updated On : 19 Dec 2025 | 2:58 PM IST

How to play the capital market theme? Analysts prefer Exchanges over AMCs

Capital market stocks to buy in India: Analysts prefer exchanges and intermediaries over AMCs citing strong operating leverage, rising retail participation, record SIP inflows

How to play the capital market theme? Analysts prefer Exchanges over AMCs
Updated On : 10 Dec 2025 | 10:50 PM IST

Groww slips 4% as one-month lock-in ends; here's what analyst suggest

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.

Groww slips 4% as one-month lock-in ends; here's what analyst suggest
Updated On : 10 Dec 2025 | 11:28 AM IST

Frenzy to discipline: IPO mkt matures, but new capital lags promoter exits

According to a YES Securities' report, OFS accounted for nearly 63 per cent of total IPO proceeds in 2025, meaning most of the money raised is going to existing shareholders

Frenzy to discipline: IPO mkt matures, but new capital lags promoter exits
Updated On : 26 Nov 2025 | 2:43 PM IST

Missed Groww? These 3 IPOs also doubled investors' money in 2025

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

Missed Groww? These 3 IPOs also doubled investors' money in 2025
Updated On : 24 Nov 2025 | 2:54 PM IST

Groww posts 12% Q2 profit growth amid dip in revenue and trading volumes

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

Groww posts 12% Q2 profit growth amid dip in revenue and trading volumes
Updated On : 21 Nov 2025 | 11:32 PM IST

Stock Market Close: Sensex slips 401 pts; Nifty at 26,068; metal, realty, PSU Bank shares fall

Stock Market Close Highlights, Friday, November 21, 2025: Among the broader markets, the Nifty Midcap 100 and Nifty Smallcap 100 indices closed lower by 1.13 per cent and 1.22 per cent respectively

Stock Market Close: Sensex slips 401 pts; Nifty at 26,068; metal, realty, PSU Bank shares fall
Updated On : 21 Nov 2025 | 3:50 PM IST

Groww snaps two-day loss; will it follow Ola Electric's rollercoaster path?

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 snaps two-day loss; will it follow Ola Electric's rollercoaster path?
Updated On : 21 Nov 2025 | 2:06 PM IST

Groww parent Billionbrains' Q2 profit rises 12% on higher active users

Groww competes with Angel One, Motilal Oswal Financial Services and Zerodha in India

Groww parent Billionbrains' Q2 profit rises 12% on higher active users
Updated On : 21 Nov 2025 | 12:27 PM IST