Groww Stock Soars 72% Since Listing, Jefferies Sets ₹180 Target!

• Groww shares rally for the third consecutive day, jumping 6.5% today after a 'Buy' rating from Jefferies.
• The stock has surged approximately 72% above its issue price of ₹100 since its listing.
• Jefferies initiated coverage with a 'Thumbs Up' rating and a target price of ₹180, indicating a 12% upside.
• The brokerage projects a 35% EPS CAGR for Groww between FY26 and FY28, citing strong growth levers.
• Groww's ₹6,632 crore IPO was oversubscribed 18 times, and the stock hit an all-time high of ₹193.80.

Why It Matters: Groww stock continues its strong rally, fueled by Jefferies' 'Buy' rating and significant post-listing gains.