Shares of Groww parent Billionbrains Garage Ventures rose as much as 9.5% to Rs 175.60 on the BSE on Wednesday, riding a wave of optimism following the upcoming index inclusion and the launch of its emergency trading platform, Groww Lite. Since its IPO, the stock has skyrocketed 75.6% from its issue price of Rs 100, […]
A week of heady quotes met a harsh dose of reality on Wednesday as three of Dalal Street’s most watched newcomers, PhysicsWallah, Lenskart and Groww, fell sharply to 10% in volatile trading. The pullback, driven by profit-taking and a dramatic short-seller boom in Groww, forced investors to reassess how much heat these newly listed stocks […]