π Groww Extends Stellar Post-Listing Rally, Surges Over 85% from IPO Price
GROWW
Shares of Billionbrains Garage Ventures Ltd, the parent company of the stockbroking platform Groww, continued their extraordinary run on Tuesday, soaring for the fifth consecutive trading session.
The stock climbed as much as 6% in early trade to reach Rs 185, extending its post-listing rally. At this price point, Groww's stock is now trading at an impressive 85% premium over its IPO issue price of Rs 100 per share and is up nearly 65% from its debut price of Rs 112 last Wednesday.
The continued buying momentum has propelled the company's valuation to approximately Rs 1.15 lakh crore.
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