Some days in the market tell a sharper story than others, and today’s move in the Groww share price certainly did. After a strong run post-listing, the stock is now catching its breath, slipping for a second straight session. And the pace of this decline has caught the attention of traders scanning the screens in the afternoon session.
The mood around the counter on the stock market today shifted early, as selling pressure started building up right from the opening tick.
Market Performance: Groww Share Price Today
The stock continued its downward stretch, extending the correction it began a day earlier. The decline was steady and sharp.
Key Market Highlights
- Intraday low (NSE): ₹154.10
- Day’s fall: 9.29% from the previous close
- Market cap at 2 PM: ₹95,505.54 crore
- Market cap erosion: Over ₹23,000 crore from November 18 levels
The fall below the ₹1.19 lakh crore mark reflected a meaningful drop in valuation in just a couple of sessions.
A day earlier, the stock had locked in a 10% decline, hitting the lower circuit and breaking its five-day rally. It closed at ₹169.94 on the BSE and ₹169.89 on the NSE.
Main News: Why Groww Share Price is Falling
The broader tone around the counter indicates traders are engaging in profit booking after the stock’s strong listing phase. The decline isn't tied to new numbers or policy shocks—just the natural cooling that often follows a sharp surge.
Groww, which had a stellar market debut on November 12, had risen 44.20% till November 18. Eventually, such quick gains tend to attract short-term profit takers, and the price movement today reflects that rotation.
The stock’s IPO had been subscribed 17.60 times, setting high expectations in the market. But once the initial excitement settles, a period of consolidation is common—especially in high-visibility counters.
Company Details
Groww’s journey since 2016 has been rapid. The company has built a strong presence in the financial services ecosystem, creating its own space among young investors and first-time traders.
A quick snapshot shows how deeply the platform is entrenched:
- Founded: 2016
- Active clients (as of June 2025): Over 12.6 million
- Market share: More than 26%
Its parent entity, Billionbrains Garage Ventures, has been at the centre of the listing and valuation discussions, especially after its quick rise post-debut.
Groww MCAP: A Quick Breakdown
Groww’s valuation shift has been one of the biggest talking points today.
Market Capitalisation Movement
- Peak (November 18): Over ₹1.19 lakh crore
- At 2 PM today: ₹95,505.54 crore
- Loss: More than ₹23,000 crore
A two-day drop of this scale often makes market participants revisit the stock’s listing journey, especially considering the sharp rally it saw earlier this month.
Summary
The Groww share price today tells a story of natural cooling after a strong bull phase. The stock has slipped for two straight sessions, touching an intraday low of ₹154.10 on the NSE and shedding over ₹23,000 crore in market cap since November 18.
Even with the decline, the company remains a major player with 12.6 million active clients and a solid 26% market share. The pullback reflects typical market behaviour after a strong listing and a quick rally—where profit booking takes over and valuations reset.
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