Citi Maintains Buy on Groww, Raises Target Price to ₹255 on New Product Launch Potential Jul 16, 2026
Groww Receives Approval to Offer U.S. Stock Trading, Platform Currently in Testing Phase Jul 15, 2026
More news about Groww
15Jul 26
Groww MTF Performance Exceeds Expectations, Expected to Maintain Similar Growth Rates: Concall Update
Groww's Margin Trade Funding (MTF) segment has exceeded performance expectations, as disclosed in the company's concall update. Management expressed confidence in maintaining similar growth rates going forward. The update signals a positive outlook for Groww's MTF business vertical.
15Jul 26
Groww's Equity Derivatives Segment Revenue Share Slips to 52% in Q1 FY27
Groww's equity derivatives segment revenue share declined to 52% in Q1 FY27, down from 54.8% in the previous quarter, marking a quarter-over-quarter contraction of 2.8 percentage points. Despite the dip, the segment continued to represent the largest share of the company's revenue. No absolute revenue figures or details regarding other business segments were disclosed alongside this data.
15Jul 26
Groww Plans Major AI Investments But Cautions Against Expecting Significant Margin Improvements
Groww has announced plans for major artificial intelligence investments as part of its strategic focus on technology. The company has simultaneously cautioned stakeholders that these investments are not expected to result in significant changes to profit margins. This guidance reflects Groww's commitment to long-term capability building while maintaining measured expectations around near-term financial outcomes.
09Jul 26
Groww Reports 1.3 Million Active Clients With a 29% Market Share
Groww has reported 1.3 million active clients and a 29% market share, reflecting its significant presence in India's retail investment landscape. These figures highlight the platform's growing adoption among retail investors. The data positions Groww as a prominent participant in the Indian broking ecosystem.
Jefferies Reiterates Buy on Groww with Target Price of ₹225, Cites Strong Execution and Growth Opportunities
Jefferies has reiterated its Buy rating on Groww with a target price of ₹225, citing strong execution, wealth-management and cross-sell opportunities, broking market-share gains, and MTF scale-up as key positives. Stable consumer lending behavior further supports the constructive view. Key concerns include wealth-management scalability and regulatory risks. At 1.1x PEG, Jefferies views the risk-reward as favorable.
11May 26
Tiger Global Plans to Sell 5% Stake in Groww Through Block Deal at 5-7% Discount to CMP
Tiger Global plans to sell a 5% stake in Groww through a block deal this week, as reported by CNBC TV18. The stake sale is expected to be executed at a discount of 5-7% to the current market price. The transaction represents a notable secondary market event for the fintech company.
BofA Securities Initiates Buy Rating on Groww with Target Price ₹235
BofA Securities has initiated Buy coverage on Groww with ₹235 target price, projecting 30% revenue CAGR for FY26-28 and exceptional margins of 67% EBITDA and 52% PAT by FY28. The positive outlook is supported by retail investing trends, though risks include capital market weakness and lock-in expiry.