Groww share price extends gains a day after listing, surges 37% over IPO price: How to trade now?
Groww share price: Billionbrains Garage Ventures, the parent of India’s top discount broker Groww, extended gains a day after listing on Thursday, November 13, as investor interest in the recent stock market debutant remained high.
Groww share price jumped nearly 5% to a fresh high of ₹137.45 apiece on the BSE in early trade today. Meanwhile, on the National Stock Exchange (NSE), the stock hit a high of ₹137.44 apiece.
The stock, which saw 31% listing gains on Wednesday, is now trading 37% above its initial public offering (IPO) price of ₹100. Groww, backed by investors including Microsoft Corp. Chief Executive Officer Satya Nadella, hit a market cap of over ₹83,000 crore today.
Also Read | Groww stock gallops 31% on listing…
