Groww shares continue stellar surge, up 60% from issue price. What are analysts saying?

Shares of newly listed Billionbrains Garage Ventures Ltd., the parent of investment platform Groww, continued their strong post-listing momentum for the third straight session on Monday, November 17, climbing as much as 8% to an intraday high of Rs 160 on the NSE.

The stock has now delivered an impressive 60% return over its IPO price of Rs 100 and is up 40% from its BSE listing price of Rs 114.