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Groww Shares Surge 13% After Jefferies Gives ‘Buy’ Rating

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SUMMARY

The company’s shares ended today’s trading session 11.76% higher than previous close at INR 161.05

With the rally today, Groww’s market cap zoomed to $11.09 Bn (INR 99,425.77 Cr), which is almost 50% greater than the time of its listing

Brokerage firm Jefferies is bullish on the stock’s future trajectory, giving it a price target (PT) of INR 180 as well as a ‘Buy’ rating

Stock broking platform Groww’s shares rallied as much as 13% during intraday trading today after the new-age tech company received a…

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