Groww Stock Recovers on Strong Q3 Results, MTF Market Share Growth

• Groww's stock recovered after initial fall, trading 3.6% higher at ₹168.65 following its December quarter results.
• Total transacting users reached 2 crore, a 7% increase quarter-on-quarter and 25% year-on-year.
• Customer assets grew 39% year-on-year to ₹3 lakh crore, and MTF book market share rose to 2% from 0.7%.
• Net profit increased 16% sequentially to ₹547 crore; revenue grew 19.4% to ₹1,216 crore.
• Groww AMC secured ₹580.2 crore investment from State Street Global Advisors for a 23% stake.

Why It Matters: Groww's strong Q3 performance, user growth, and strategic investment boosted its stock recovery.