Shares of Billionbrains Garage Ventures, the parent company of Groww, witnessed strong buying interest on Friday, surging as much as 6% to hit a fresh all-time high in intraday trade. The stock of the country’s largest digital investment platform by active users has rallied nearly 19% over the past three sessions, despite volatility in the broader market.

Extending gains for the third consecutive day, Groww shares climbed 6.3% to touch a record high of ₹198.50 on the BSE. The stock also saw robust trading activity, with over 43 lakh shares changing hands—almost double its two-week average volume of 22.13 lakh shares—pushing its market capitalisation to ₹1.22 lakh crore.

Since its debut on November 12, 2025, Groww shares have nearly doubled from their IPO price of ₹100 apiece. The stock has gained over 25% in calendar year 2026 so far and is up 24% in the past one month alone.

From a technical standpoint, the stock is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, according to MarketsMojo. This positioning indicates a strong bullish trend and sustained upward momentum. The overall technical outlook has improved to ‘mildly bullish’, marking a shift from the sideways trend observed earlier in April 2026, the platform noted.

CARE assigns ‘AA’ rating with stable outlook

Earlier this month, CARE Ratings assigned an ‘AA’ rating with a stable outlook to Groww, citing its comfortable capitalisation, experienced promoter group with strong technology and product capabilities, and its leadership position in the broking segment in terms of active clients on the National Stock Exchange of India (NSE).

According to the rating agency, Billionbrains Garage Ventures’ consolidated liquidity profile remains strong, supported by free cash balances of ₹385 crore and liquid mutual fund investments worth ₹632 crore, against total fund-based borrowings of ₹269 crore as of December 31, 2025.

The group’s tangible net worth (TNW) stood at ₹7,530 crore as of December 31, 2025, up from ₹4,477 crore as of March 31, 2025, driven by healthy internal accruals and capital raising during the year. This includes ₹1,735 crore raised in the Series F funding round and ₹1,060 crore through primary issuance in the IPO.

Billionbrains Garage Ventures serves as the holding company for the group, providing capital support and housing core technology infrastructure and digital platforms, including Groww and Groww Credit, which are leveraged by subsidiaries through structured platform and service arrangements.

The group’s broking operations are housed under Groww Invest Tech Private Limited (GIT), a key subsidiary and the leading broker in India with 12.75 million active NSE clients as of February 28, 2026. GIT commenced its margin trading facility (MTF) operations in FY25 and has since scaled up the book to ₹2,307 crore as of December 31, 2025.

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