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

Economic Times 1d ago·17 Jul 2026, 6:00 am

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.

Key takeaways

  • Category: Results.
  • AI reads the tone as positive (potentially bullish) for the stock.

Why it matters

A routine update. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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Aggregated from third-party sources for research. Sentiment & impact are AI-generated, indicative, not advice.

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