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Groww shares soar over 20% in just 3 days! Whats behind the surge today?

Billionbrains Garage Ventures, parent of Groww, saw its shares surge over 20% after Jefferies initiated coverage with a Buy rating. The brokerage highlighted Groww's Robinhood-like strategy, expecting 35% earnings growth driven by new products and margin improvements, setting a target price of Rs 180.

22 Dec 2025 9:47 am