Varun Gupta, CEO of Groww AMC, remains bullish on capital market stocks and highlights rising mutual fund penetration and ETF inflows.
The country’s largest broker by revenue, Zerodha, saw its active investors grow in January after declining for 15 consecutive months
Exchanges will feel the pain, but the discount brokers who are heavily reliant on retail F&O volumes will be hit hard
Global asset managers are investing in India to take advantage of its ongoing equity boom
Potential dilution, beneficiaries and fair disclosures are key reasons behind this scrutiny, say governance experts
The company’s margin trading facility grew four times to Rs 2,307 crore in the December quarter from Rs 542 crore in the year-ago period
Groww bought Indiabulls AMC for Rs 175 crore in 2023 and renamed it as Groww AMC, whose valuation currently stands at Rs 2,500 crore.
Angel One shares rose after the company reported an 11 percent sequential increase in revenue.
The capital infusion by the Boston-headquartered firm is set to boost the operations of Groww AMC, which manages the Groww Mutual Fund
Motilal Oswal said it expects Groww’s broking revenue contribution to decline to 67% in FY28 from 85% in FY25, leading to a more resilient earnings profile.
Artificial intelligence dominated the narrative, spanning everything from foundational models being built in India to world models, xAI’s Grok, and OpenAI feeling the pressure from Google’s Gemini.
The latest additions to the index will take effect from January 6.
The stock opened at Rs 166.50, up 2.39 percent from its previous close, and climbed to an intraday high of Rs 172.50, marking a gain of 7.23 percent.
AI is moving closer to the investor’s decision loop, promising faster analysis, personalised insights and conversational interfaces. At the same time, it raises unresolved questions around accountability, explainability and regulation.
Jefferies values Groww at a premium to its peer Angel One as the former has higher growth, better margins and lower F&O exposure
The company is widening access to wealth management through Ionic Wealth, which lowers the entry level to under Rs 1 crore, CEO Ambarish Kenghe tells Moneycontrol
Groww share price: Approximately 2% of the company's outstanding equity, cumulatively worth around Rs 2,230 crore, have become eligible for trading after the expiry of the lock-in period.
Groww share price: The newly-listed shares dropped to Rs 144.20 apiece, snapping a two-session gaining streak.
The popular SIP inflows have demonstrated a significant 25 percent CAGR over the past decade, primarily driven by young and new-to-equity market investors from smaller towns and cities
Groww's lead in new SIP registrations is unparalleled, but Zerodha maintains its market advantage with double the overall Assets Under Management (AUM)
The wealth-tech firm added over 2 million fresh SIPs during the month followed by Angel One and PhonePe
Groww CEO Lalit Keshre’s first shareholder letter lays out a long-term, customer-first roadmap driven by product expansion, technology and India’s rising financialisation.
Groww says casual F&O traders are exiting as SEBI’s derivatives rules tighten. Profits rise, core users trade more actively despite revenue pressure.
Groww’s red herring prospectus disclosed that the company had paid a total of Rs 614 crore one-time incentives to founders during the last fiscal
Groww share price dropped to an intraday low of Rs 154.10 on the NSE, down 9.29 percent from its previous close.