Groww rises 3%

Shares of Billionbrains Garage Ventures Ltd (Groww) traded firm on the BSE today, rising about 3% intraday to around Rs. 162 versus the previous close near Rs. 157, as sentiment improved through the session. The stock moved in a wide band, with trades seen from the mid-Rs. 155 zone to the low-Rs. 160s, while turnover was active and the company’s market capitalisation hovered around Rs. 1.0 lakh crore, keeping the counter in focus despite a 52-week range of roughly Rs. 112–194.

The immediate trigger was the company’s announcement of a pilot launch of “Groww Prime”, a new opt-in feature aimed at helping users manage mutual fund investments in a more structured manner. The offering is positioned around enhanced portfolio insights, always-on customer support and more guided decision-making tools, as Groww looks to deepen engagement and potentially improve stickiness within its mutual fund franchise.

The move comes close on the heels of the company’s latest quarterly disclosure, where Billionbrains reported a strong rise in operating revenue in Q3 FY26 even as headline profit was impacted by base effects linked to a one-off item in the year-ago quarter. The underlying trend, however, points to continued scaling of the platform, and investors will track whether new premium or assisted features such as Groww Prime can translate into higher monetisation per user without diluting the low-friction proposition that has driven adoption.

Billionbrains Garage Ventures is the parent of Groww, a direct-to-customer digital investing platform that offers access to products such as stocks, mutual funds and derivatives, among others. Near term, the market’s read-through on Wednesday’s announcement is likely to remain linked to the pace of pilot rollout, customer uptake and any incremental revenue signals, while competitive intensity across fintech and brokerage platforms continues to shape expectations.