Shares of Billionbrains Garage Ventures, the parent company of Groww, have surged more than 23% in the last two days, extending their upbeat momentum into the third trading session on November 14. As of 9:46 AM, the shares were trading 5.17% higher at Rs 144.81.
The stock made a strong debut on Wednesday. It opened at ₹112 on the NSE, a 12% premium, and listed at ₹114 on the BSE, up 14% from the issue price. The IPO included a fresh issue of ₹1,060 crore and an OFS of 55.72 crore shares worth ₹5,572.30 crore.
The positive sentiment continued today. The stock opened at ₹142.70, which is a 3.64% rise compared to yesterday’s close of ₹137.69. During the session, it touched a high of ₹147.80, while the day’s low of ₹140.85 still reflected a 2.29% gain.
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