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Groww Share Price- This trend of rise in the shares of Groww has been going on continuously for the last three sessions. In the last trading session also this share had jumped by about 12%. Now after Jefferies advised to buy Grow shares, there has been a huge rise in it. What target price? Know
In the last trading session also this share had jumped by about 12%. New Delhi. Shares of fintech giant Groww are showing strong rise even today. This is the third consecutive trading session in which Grow shares are trading in the green. It jumped 6.5% on Dalal Street today after foreign brokerage firm Jefferies gave the stock a ‘buy’ rating. Since its listing, this stock has seen a sharp rise of about 72%. Grow’s parent company, BillionBrains Garage Ventures was listed in the market last month. Grow’s ₹6,632 crore IPO was a huge hit in the market and the issue was subscribed a total of 18 times.
Global brokerage house Jefferies has started its coverage on Grow’s shares and has given it a ‘Thumbs Up’ rating. The brokerage has set a target price of ₹180 for the stock. This target is about 12% more than Friday’s closing price. Jefferies believes that this financial services company has many strong growth levers. According to brokerage estimates, the company’s earnings per share (EPS) may see a compound annual growth rate (CAGR) of around 35% during the financial year 2026 to 2028 (FY26–FY28).
Share reached 72% above IPO price
This trend of rise in the shares of Grow has been going on continuously for the last three sessions. It is noteworthy that in the last trading session also this share had jumped by about 12%. If we look at the data, this stock is trading about 72% above its issue price of ₹100. This is a big achievement for investors as the stock has now reached very close to double its listing price.
Journey from listing till now
Grow shares made their debut in the stock market with a bang. It was listed on NSE at ₹112, which was a premium of 12% on the IPO price. Its opening on BSE was ₹ 114. Within the first 5-6 days of listing, the stock gained rocket-like momentum and touched an all-time high of ₹193.80 on 18 November 2025. After reaching this peak, profit booking was seen, due to which the stock came down by about 26% from its highest level. The stock has traded in a consolidation zone during December 2025 and fluctuated between ₹140 and ₹165.
The 52-week high of GROW share is ₹193.80, while its 52-week low is ₹112, which was the opening price on the day of its listing. Market experts say that companies like Grow are directly benefiting from the increasing penetration in the digital broking sector and the growing trend of investment among the youth. The recent report of Jefferies has further strengthened this confidence.
(Disclaimer: The stocks mentioned here are based on the advice of brokerage houses. If you want to invest money in any of these, then first consult a certified investment advisor. AyraNews24x7 will not be responsible for any profit or loss of yours.)
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