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Groww Share Price: Shares of Billionbrains Garage Ventures Ltd, the parent company of trading platform Groww, hit the 10% lower circuit for the first time after declining in its sixth straight trading session. On Wednesday, the price band was reduced to 10% from the earlier 20%.

Groww’s stock has nearly doubled since its IPO. Five days after listing, the share price has surged almost 94% from its IPO price of Rs 100 as of Tuesday’s close. During Tuesday’s session, over 46 crore shares were traded, though only 8.24 crore were marked for delivery.

According to Nuvama Alternative and Quantitative Research, about 149.2 million shares (2% of total equity) will become available for trading once the lock-in period ends. Another key trigger for the stock is scheduled fo

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