Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
Groww has the makings to become India’s Robinhood, Jefferies said in a note on Friday, initiating coverage of the newly listed stock with a “buy” rating. The Groww app on a smartphone. Groww’s share price surged as much as 12.87% to ₹162.65 apiece on the vote of confidence from Jefferies. (Bloomberg) The online brokerage operated […]
Groww operator Billionbrains Garage Ventures Ltd. has reported a near-25% jump in net profit in its first quarterly results since listing, even as profitability surged. Groww’s share price has been on a rollercoaster of late. (Bloomberg) Net profit of India’s largest online stockbroker rose 24.6% over the previous quarter to ₹471 crore in the three […]
Shares of Billionbrains Garage Ventures Ltd., the operator of India’s largest online broker Groww, fell nearly 10% for a second straight trading session indicating that profit-booking on the stock is still on. Groww crossed the ₹1 lakh crore market capitalisation mark in record time, an achievement that made headlines. (Bloomberg) On Thursday, Groww’s share price […]
The listing of Billionbrains Garage Ventures Ltd., the operator of India’s largest online brokerage Groww, has turned out to be a lesson in market euphoria and swift correction. Groww crossed the ₹1 lakh crore market capitalisation mark in record time, an achievement that made headlines. (Bloomberg) After a spectacular post-listing rally that saw Groww’s share […]
Groww parent Billionaires Garage Ventures Ltd. has listed at a premium. That gave India’s largest online broker a market capitalisation of more than ₹70,000 crore. The ₹6,630-crore Groww IPO was subscribed more than 17 times. (AI Image) Groww’s share price rose as much as 21% over the IPO price of ₹100 to ₹120.50 on the […]
