Groww stock price soars 9% on huge volumes; analysts expect more upside

Groww Share Price Rises on Strong Volume

By Deepak Korgaonkar | Mumbai

Illustration: Binay Sinha

• Groww share price moved higher by 9 per cent to ₹179.75 on the BSE in Friday's intra-day trade amid heavy volumes.
• The market price of the stock broking & allied services company was quoting higher for the second straight day, surging 10.5 per cent during the period.

At 01:08 PM, Groww was quoting 8 per cent higher at ₹176.85 on the back of a near three-fold jump in average trading volumes. A combined 167.63 million equity shares changed hands on the NSE and BSE.

The stock price of Groww had hit a record high of ₹193.91 on November 18, 2025. The company made its stock market debut on November 12, 2025. Currently, Groww quotes 80 per cent higher against its issue price of ₹100 per share.

Groww Q3 Results

Groww registered a 28 per cent decline in net profit to ₹547 crore for the quarter ended December 2025 (Q3FY26). Excluding the provision for one-time incentive, profit after tax would have grown 24 per cent year-on-year.

• Revenues rose 16 per cent YoY to ₹1,261 crore, driven by contributions from new product segments such as commodity trading, loans against shares, and wealth management.
• On a sequential basis, profit and revenues were up 25 per cent and 19 per cent, respectively.

State Street Investment Management to Acquire 23% Stake in Groww AMC

Groww announced an agreement with US-based State Street Global Advisors for an investment of ₹580 crore for 23 per cent stake in Groww Asset Management.

• Upon completion of the proposed transaction, State Street will hold 4.99 per cent aggregate voting power in Groww Asset Management Company (AMC).
• The investment will be made in one or more tranches. The total investment comprises ₹381 crore through secondary share purchases and about ₹199 crore in fresh capital.

Motilal Oswal Financial Services Sees More Upside in Groww Stock Price

Groww continues to report strong revenue growth, backed by rising user adoption of products as well as robust user activation.

• Its brokerage business is gaining market share across segments, with recent product launches, such as MTF (Margin Trading Facility) and commodities, fueling further growth.
• The rising number of affluent customers unlocks wealth management opportunities for the company, with the ongoing Fisdom integration giving a further boost.

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