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.
Groww shares declined for the first time since last week’s listing, with analysts attributing the downturn to profit-booking following the sharp post-listing rally.
Keshre currently holds 55.91 crore shares, representing a 9.06 percent stake in Groww. With the stock trading at record Rs 169 a share, his holding is valued at Rs 9448 crore, placing him around the $1 billion mark.
Groww shares have gained 54 percent since listing on November 12.
In this conversation, Agrawal explains why Peak XV resisted selling in multiple up-rounds, how early product calls set Groww apart, why public-market readiness begins years before listing and and what the firm is betting on as it looks for the next Groww.
With this, Peak XV will rank among the most successful VC firms in terms of exits, as it stands to gain over $2.6 billion, with several of its portfolio companies, including Meesho and Wakefit, expected to go public in the coming years.
At day's high on November 13, Groww stock commanded a market cap of nearly Rs 1 lakh crore
On November 12, shares of Groww made a remarkable market debut by closing with a premium of nearly 31% against the issue price of Rs 100
Groww seemed like a company that was valued almost at par with peers, and the premium was attributed to operational metrics, rather than technology
Groww made a good IPO debut, reflecting healthy investor confidence driven by strong brand recall and rapid user growth in the Indian digital investing ecosystem, said Shivani Nyati of Swastika Investmart
The Rs 6,632-crore initial public offering (IPO) received strong investor response, subscribing 17.60 times overall. The company raised Rs 2,984 crore from anchor investors
Analysts advised investors to hold Groww shares for long term as it represents a strong structural story and can act as a proxy for India’s expanding capital market participation.