Groww shares jump 7% to 52-week high after ratings upgrade by BofA

Shares of Groww parent Billionbrains Garage Ventures jumped over 7% to a 52-week high of ₹212.90 on Wednesday after Bank of America (BofA) Securities gave a "Buy" rating and a ₹235 target, a 13% upside from current levels. The brokerage expects Groww to deliver 30% annual revenue growth between FY26 and FY28, driven by an expanding base of new investors.