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NSE:GBV 16 November 2025

Groww IPO Day 2: Fully Subscribed (1.47x); Retail 4.65x, GMP 11–15%; Nithin Kamath Says 20% of Applications Came via Zerodha — What Top Brokerages Recommend

Groww Share Price Soars 50% Above IPO as Market Cap Nears ₹1 Lakh Crore: What’s Next for India’s Hottest Broker?

Groww’s parent, Billionbrains Garage Ventures Ltd, surged nearly 50% above its ₹100 IPO price in three sessions after listing on November 12, pushing its market value close to ₹1 lakh crore. Peak XV Partners’ stake is now worth about ₹13,700 crore, a 50-fold gain on its original investment. The IPO raised ₹6,632 crore, the largest fintech listing in India this year. Groww reported FY25 profit of ₹1,819 crore on ₹4,056 crore revenue.
16 November 2025
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Stock Market Today

  • Okuma (TSE:6103) Share Price Rally Seen Amid Valuation Debate
    April 1, 2026, 9:33 AM EDT. Okuma (TSE:6103) surged 6.8% in one day to ¥3,750 after a month-long 19.1% drop, with a mixed 3.3% rise over three months. The stock returns 16.7% over one year and 41.7% over three, outperforming peers in the industrial sector. Valuation is contested: Okuma trades at a 21.1 times price-to-earnings ratio (P/E), above the industry average of 13.8, signaling a premium despite forecasts of 19% annual earnings growth. Meanwhile, a discounted cash flow model suggests a 53% undervaluation at current prices. Investors face risk from earnings misses or slowing machinery demand, making Okuma's long-term outlook unclear amid divided valuation metrics.
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