Mumbai, April 10 -- The stock has risen 18.36% over the last three sessions and touched a record high of Rs 198.50 today. Over the past three months, Groww shares have rallied 23.81%.

Last month, a foreign brokerage initiated coverage on the stock with an 'overweight' rating and a target price of Rs 210. The brokerage highlighted Groww's strong market share gains and its appeal among aspirational investors. It also pointed to the company's cross-selling capabilities and operating leverage, which could help it outperform broader market growth. It added that while the stock may appear expensive as a discount broker, it looks attractive when evaluated as a broader consumer internet platform.

Founded in 2018, Billionbrains Garage Ventures o...