Groww shares staged a firm recovery during Friday's trading session, climbing 4% to recoup losses sustained during Thursday's market volatility. Investors seem to have shaken off the brief downtrend, largely fueled by renewed confidence from leading brokerage houses.
Institutional giants including Jefferies, Motilal Oswal, and JM Financial have maintained their 'Buy' ratings for the stock. These firms cite the company's impressive Q1FY27 financial results as the primary driver behind their optimism.
Analysts highlighted several key pillars supporting their bullish thesis, including:
- Strong growth in net profitability
- Significant gains in overall market share
- Enhanced operating leverage through efficient scaling
- Diverse and resilient revenue streams
With price targets set at Rs 250, market experts suggest that the company’s ability to navigate recent competitive pressures remains a core strength for long-term growth.
