The Indian share market, with Sensex and Nifty, is extending its rally for the third straight session.
This rally is supported by falling oil prices, optimism over possible peace talks between the US and Iran, and other positive global cues that boosted investors' confidence and kept the market in a bullish mood.
At the time of writing, the BSE Sensex was trading 700 points higher at 79,221. Meanwhile, the NSE Nifty was 186 points higher at 24,551.
Amid the positive market, Groww has emerged as a standout performer.
Today, its share price went up 9%, drawing investors' attention.
Take a look at what's pushing the shares higher and if the rally can hold.
The company reported revenue from operations of Rs 15.05 billion (bn), marking a sharp growth of 87.93% compared to Rs 8.01 bn in the same period last year.
EBITDA increased 141.8% to Rs 9.39 bn, compared to Rs 3.88 bn in the year-ago period, with EBITDA margins expanding to 62.35% from 48.47%.
Total customer assets stood at Rs 3,000 bn, registering a 36% year-on-year increase, though it declined 1.1% quarter-on-quarter due to mark-to-market impact in Q4.
The platform's total transacting users reached 21.6 million (m), growing 6% Q-o-Q and 25% year-on-year, with active users at 16.7 m.
Consolidated profit after tax rose 122.05% to Rs 6.86 bn in Q4FY26, up from Rs 3.09 bn a year ago.
This can be one of the main reasons why the share price is rising.
What's Next for Groww?
Moving forward, Groww is focusing on increasing product adoption among existing users, which helps improve monetisation with minimal additional cost.
Also, the company is expanding into Wealth management, Asset management, and lending and credit products.
With the launch of backup platforms like Groww Lite, the company has created a fail-safe system. This system allows users to manage their trades during important market hours, even if there are outages or technical issues.
Over the long term, Groww aims to become a one-stop platform for all financial needs, benefiting from India's growing retail participation in financial markets.
One important point to note is that Groww operates in a highly regulated area supervised by the capital market regulator and the RBI.
Any change in rules or regulations can directly affect its business model, pricing strategy, and overall profitability.
How Groww Shares Have Performed Recently
In the past month, the shares have surged 29%.
The stock touched its 52-week high of Rs 216 on 21 April 2026 and its 52-week low of Rs 112.02 on 12 November 2025.
About Groww
Groww is an online investment platform headquartered in Bengaluru, India. Founded in 2016, it began as a direct mutual fund distribution platform, quickly gaining popularity among investors in India.
Over time, Groww expanded its offerings to include stocks, digital gold, ETFs, intraday trading, IPOs, and various financial services tailored for retail investors.
Groww offers a range of tools and services such as mutual fund tracking, SIP calculators, brokerage calculators, and transparent pricing to help investors make informed decisions.
All in all, Groww presents a strong growth story to investors in India's booming retail brokerage and wealth tech space.
To know what's moving the Indian stock markets today, check out the most recent share market updates here.
Happy Investing.
Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.
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