Groww Parent Billionbrains Garage Ventures Hits 10% Lower Circuit After Sharp Rally**

Shares of **Billionbrains Garage Ventures**, the parent of discount broking platform **Groww**, hit the **10% lower circuit on Wednesday**, marking the first decline after six straight sessions of gains since listing. The exchange also **revised the price band downward** to **10% from 20%**, highlighting the rise in volatility. Since debuting at **₹100**, Groww’s stock had nearly doubled within just five trading sessions. By Tuesday’s close, it stood **94% above its IPO price**. The stock saw heavy activity with **46 crore shares traded**, while only **8.24 crore** were taken for delivery, pointing to strong intraday speculation. Analysts at **Nuvama Alternative & Quantitative Research** noted that around **149.2 million shares (2% of equity)** will become freely tradable after the lock-in period ends — a key event that may influence supply dynamics. Another important catalyst is scheduled for **Friday, November 21**, when Groww releases its **first quarterly results** since going public — a critical update for investors evaluating the company’s fundamentals. Between **FY23 and FY25**, Groww has delivered impressive performance: * **Revenue** surged from **₹1,141 crore** to **₹3,902 crore** (CAGR ~85%) * **PAT** rose from **₹458 crore** to **₹1,824 crore** * **EBITDA** expanded from **₹399 crore** to **₹2,371 crore**, showcasing strong operating leverage While Groww’s FY25 revenue trails **Angel One** and **Zerodha**, it leads the industry with **1.29 crore active clients**, giving it a strategic advantage. **Disclaimer:** For information only, not investment advice. **Follow for more finance updates.**