Groww Profit Booking Triggers 10% Lower Circuit After IPO Surge

Groww’s stock took a sharp turn on 19 November 2025, plunging 10% into a lower circuit after an extraordinary rally. Just days earlier, the firm had soared more than 90% since its IPO listing on 12 November 2025, sparking a wave of excitement. But that surge seems to have triggered a classic profit‐taking moment. Investors who jumped in early are now locking in gains. Meanwhile, analysts warn that the stock’s sky-high valuation may have run ahead of its fundamentals.