Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Does Groww merit BSE multiple?
Mint Bangalore
|November 25, 2025
Billionbrains Garage Ventures Ltd (Groww) stock has been on a roller coaster ride since its listing on 12 November.
The stock listed at ₹112 on NSE vis-à-vis the issue price of ₹100. It rallied until 18 November, when it closed at a high of ₹189, only to tumble for two consecutive days after that to ₹157. Though the stock had muted reaction on Friday immediately after the results, it fell by 4% on Monday.
The main question is whether the stock’s volatile movement is in sync with the fundamentals. Shareholding data from NSE shows Groww has 6.17 billion total outstanding shares, but only 440 million or about 7% are available for trading (the free float). A low free float leads to high volatility in a stock’s price, and the scarcity can also hamper fair price discovery that reflects its fundamental value.
Groww is a stock broking company, more specifically a discount broker. So, a comparison with other discount brokers makes sense. Discount brokers offer only a trading platform at a low brokerage rate (a flat rate in most cases).
This story is from the November 25, 2025 edition of Mint Bangalore.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Bangalore
Mint Bangalore
Vibe coding: Make way for intuition-driven software
New jargon emerges regularly in the world of software development. Most terms vanish quickly, but ever so often, a term bubbles up from the cultural stew and goes mainstream—not because it introduces a breakthrough technology, but because it captures a shift in how people think about software development. ‘Vibe coding’ is one such phrase. It’s a term that reveals more about the future of programming than its whimsical name suggests.
3 mins
November 25, 2025
Mint Bangalore
Diwali is past, but shopping roars ahead
transactions would be for consumer goods, for fast-moving consumer goods (FMCG), durable goods, including automobiles to a certain extent, this is a case of definitely saying that over a period of time, the consumption levels in the country have gone up.”
2 mins
November 25, 2025
Mint Bangalore
Malaysia to ban social media for people under 16 next year
Malaysia plans to ban social media accounts for people under 16 starting in 2026, joining Australia and a growing number of countries pushing tighter digital age limits for children.
1 min
November 25, 2025
Mint Bangalore
The trouble with 'good vibes only' spirituality
Wellness culture on social media idealizes positivity at the cost of depth. Experts warn that this shift can encourage emotional avoidance
2 mins
November 25, 2025
Mint Bangalore
Diwali is past, but shopping season is roaring ahead
India's consumption engine appears to be humming well past the Diwali rush, with digital payments showing none of the usual post-festival fatigue.
1 min
November 25, 2025
Mint Bangalore
What went into quadrupling Jio Payments Bank's footprint
Jio Payments Bank Ltd is aggressively expanding its sales network to catch up with market leader Airtel Payments Bank, with the aim of using this wider reach to acquire customers for its more profitable financial products.
2 mins
November 25, 2025
Mint Bangalore
TCS, Wipro face patent suits in US as IT's troubles mount
to inventors, which prohibit others from creating, using, or selling such inventions for a specified time.
2 mins
November 25, 2025
Mint Bangalore
MFs seek a middle ground with Sebi on broker fee cap
Mutual funds have urged the Securities and Exchange Board of India (Sebi) to make the proposed cap on brokerage costs feasible for asset management firms, according to three people familiar with the matter.
1 mins
November 25, 2025
Mint Bangalore
Let AI sow the seeds of an intelligent farming revolution
India's farmers have long carried the nation's food security on their shoulders.
3 mins
November 25, 2025
Mint Bangalore
Independent films fight for screen space despite critical acclaim
Critically acclaimed Indian filmsthat sparkle onthe international festival circuit are finding it hard to be screened in the country even though theatresare struggling with low supply of new commercial films.
2 mins
November 25, 2025
Listen
Translate
Change font size