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Groww shares rebound 4% after Thursday's slump. Why are Jefferies, Motilal bullish on the stock?

Groww shares rebounded on Friday after a sharp decline in the previous session as brokerages remained upbeat following strong Q1FY27 earnings. Jefferies, JM Financial and Motilal Oswal reiterated Buy ratings, citing robust profit growth, improving operating leverage, market share gains and diversified revenue streams, with targets of Rs 250.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

25%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Economic Times

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