India's Groww falls on block deals at discount

Billionbrains Garage Ventures

26/08/2026 08:59

** Shares of India's Groww BILO.NS fall 3.2% to 196.5 rupees
** More than 131 million shares change hands by 1:15 p.m. IST via block deals in a price range of 195.7-199.98 rupees per share - LSEG data shows
** Block deals at discount from the stock broker's last close of 203.01 rupees 
** Local media on Tuesday reported that Ribbit Capital was set to sell a 1.6% stake in the firm via block deals
** Ribbit Capital and Groww did not immediately respond to a Reuters' request for comment     
** YTD, BILO is up 26% 

 (Reporting by Nishit Navin in Bengaluru)
 ((nishit.navin@thomsonreuters.com))