Shares of Billionbrains Garage Ventures (Groww) continued its sharp correction on Thursday, sliding over 9 per cent in early trade.
On the BSE, the stock traded 7 per cent lower at ₹158.04 at 10.30 am., after touching an intraday low of ₹153.94 — close to its lower band of ₹152.95.
The decline extends Wednesday’s 10 per cent fall to its lower circuit, which came on the heels of a roaring five-day post-listing rally which pushed the stock nearly 90 per cent above its issue price of ₹100 per share. The stock on November, 18, 2025, scaled to a fresh high of ₹193.91.
The next major catalyst is expected on Friday, November 21, 2025, when Groww will announce its first quarterly results as a listed company. Market watchers said the earnings will be crucial in determining whether the stock’s early enthusiasm has fundamental support, particularly as valuations have come into sharper focus following the recent volatility.
Post that, the investors will watch out for the expiry of one-month shareholder lock-in on December 10, 2025.
While long-term investors remain optimistic about the platform’s scale and digital growth prospects, near-term sentiment appears fragile.
Published on November 20, 2025
Source: https://www.thehindubusinessline.com/markets/groww-shares-extend-slide-for-second-session-as-market-awaits-q2-earnings-tomorrow/article70301856.ece