Groww shares surge another 7%, up 48% from issue price. What should investors do?

Growws parent company, Billionbrains Garage Ventures, extended its post-listing rally on Friday, with the stock trading nearly 50% above its issue price. The companys Rs 6,632-crore IPO, open from November 4 to 7, drew strong interest, recording 17 times subscription led by institutional buyers. Brokerages see solid long-term potential but caution about high valuations.