Groww share price: Shares of Billionbrains Garage Ventures, the parent company of stockbroking platform Groww, fell nearly 7% on Friday, November 6, as investors booked profits after a nine-session rally. The decline came after the stock had surged more than 23% over the preceding nine trading sessions.
The stock fell as much as 6.6% to an intraday low of ₹208.75 on the BSE. Despite Friday's decline, it remained just 8% below its 52-week high of ₹227, recorded in April 2026. The stock had touched a 52-week low of ₹112.02 in November 2025.
Groww shares had gained 11% over one week, 10% over one month and 12% over three months. Their return over six months stood at around 0.5%, reflecting the volatility in the stock despite its recent rally.
Groww shares had gained momentum following regulatory developments that could ease some of the pressure on the broking industry from changes to derivatives trading.
Last month, the Securities and Exchange Board of India (SEBI) revised the framework for the Closing Auction Session (CAS), addressing concerns around derivatives settlement. The regulator also changed trading timings and the methodology used to determine settlement prices for stock and index derivatives contracts.