Shares of Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, extended their massive surge for the fourth straight day since listing, rising another 11% to ₹165.40 apiece.
The four-day rally has now lifted the stock by 48%, pushing the company’s market capitalisation past ₹1 lakh crore in a remarkably short period. Investors who received allotments during the IPO have seen their wealth rise massively in less than a week, leaving those who missed the opportunity disappointed.
(more to come)