Shares of Groww’s parent company Billionbrains Garage Ventures Ltd continue to fall. After falling 10% on Wednesday, shares fell another 8% to ₹154.10 on Thursday. There is volatility in the stock due to trading pressure and two upcoming big events.
Key Highlights
Total fall in two days is about 18%
90% return in first 5 days from IPO price ₹100
1.6 crore shares stuck on lower circuit on Wednesday
Trading of 2.5 crore shares on Thursday morning – value ₹400 crore
November 21: First quarter results
December 10: Lock-in ends, 14.92 crore shares will come into the market
📰 Complete news – in simple language
Selling pressure is increasing on the shares of Groww’s parent company Billionbrains Garage Ventures Ltd (Billionbrains Garage). After a massive 10% fall on Wednesday, shares fell 8% to ₹154.10 on Thursday.
This decline has come at a time when the company’s shares had shown continuous growth in the initial days after listing. The stock had given returns of almost 90% in the first 5 trading days against the IPO price of ₹100.
But due to sharp profit-booking and high volatility, the fall intensified from Wednesday.
📉 Trading pressure increased
Till Wednesday’s closing, 1.6 crore shares were stuck in sell orders on the lower circuit.
The pressure increased further on Thursday morning—more than 2.5 crore shares were traded, with a total value of around ₹400 crore.
According to market experts, the stock is under continuous pressure due to high flows and heavy profit booking.
Two big events ahead – further stock movement possible
1️⃣ November 21 – Quarterly results
Groww will release its first listed quarter (July–September FY26) results.
This will be the first time that the market will get data on the real growth and profitability of the company.
This event can have a big impact on the direction of the stock.
2️⃣ December 10 – Lock-in period ends
On this date approximately 14.92 crore shares will become free in the market.
This quantity is equivalent to about 2% stake of the company.
Nuvama Research says that the arrival of such a large float may increase further pressure on the stock, because there is a possibility of the price falling if there is more supply.
FAQ — common questions
Q. Can shares fall further?
Will depend on the outcome and post-lock-in supply. Volatility may increase.
Q. Is this a good stock for long-term?
It is important to look at the financial reports and business model of the company. The results of November 21 will be important.
Q. Is it okay to buy now?
Given the high risk and high volatility, investors should take decisions carefully.
