Groww parent Billionbrains share price jumps 5%: State Street deal and broker targets keep stock in focus
Billionbrains Garage Ventures Ltd, parent of Groww, closed up 5.41% at 173.23 rupees on the NSE Friday, with 190 million shares traded. Net profit for the quarter fell to 5.47 billion rupees from 7.57 billion a year earlier, while revenue rose nearly 25% to 12.16 billion. State Street plans to invest up to 580 crore rupees in Groww AMC, pending regulatory approval.