Groww Hits ₹178 High, Market Cap Crosses ₹1 Lakh Cr
In the stock market, leading stock broking firm Groww Shares are creating a sensation. It is known that the shares of its parent company, Billion Brains Garage Ventures, were listed on November 12 with a good premium. Since the time of listing, these shares have been surging continuously. On Monday, November 17, the company’s shares touched a high of ₹178. Finally, they closed at ₹175 on the BSE with a gain of ₹26. Compared to the offer price of ₹100, Groww shares have given investors a profit of up to ₹75 per share in less than a week. With the surge in the company’s shares, Lalit Keshri — once a farmer’s son and one of the founders of the company — has entered the billionaire list.
The company’s market capitalization crossed ₹1 lakh crore and reached ₹1,07,895 crore. With this, the surge in Groww shares has now become the hot topic. The board of Billion Brains Garage Ventures is scheduled to meet on November 21 to consider the quarterly financial results for the three months ending September 2025. It has informed the stock exchanges accordingly. It remains to be seen how the surge will continue after the financial results. Seeing the current momentum in Groww shares, market circles recall the excitement when Bajaj Housing Finance shares were listed last year.
This IPO, too, received an unprecedented response. The lifetime high price of the company’s shares is ₹188. The 52-week high is ₹148, and the low is ₹103. The company issued shares at ₹70. Although the financial results announced recently were good, the share price has been moving up and down below ₹110 for the past few months. However, some estimate that once the hype subsides, Groww shares may also end up in a similar situation. Market experts suggest that those who were allotted shares in the IPO should book some profits. They predict that the company’s shares might soon settle around ₹125 to ₹130. They advise keeping a stop-loss at ₹80, and note that considering market conditions, buying the stock whenever the price dips could offer good returns in the long term. With a 26 percent market share, Groww is currently the number one stockbroker in the country.
