Groww Shares Recover After 17% Fall, Analysts Weigh in on Valuations
AI Summary1 min read
TL;DR
Groww shares rebounded 6% after a 17% drop, supported by its strong platform and low costs, but high valuations and regulatory risks pose concerns.
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Growwstock recoveryvaluationsregulatory risksanalyst views
Groww shares rebounded 6% after a 17% fall in two sessions, driven by analysts' views on the company's dominant platform, low customer acquisition costs, and proven scalability. However, valuations seem stretched, with the stock valued at 34-44x FY25 earnings, a premium to Angel One and Anand Rathi. Regulatory tightening in the futures and options segment could impact margins.
