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GROWW Billionbrains Garage Ventures News Story

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FinancialsHighly SpeculativeLarge CapMomentum Trap

Indian online stockbroker Groww's parent drops for first time since listing

** Shares of India's biggest stockbroker by active users Groww's parent Billionbrains Garage Ventures BILO.NS drop by an exchange-capped maximum of 10% to 169.89 rupees

** 22.2 mln shares changed hands across 37 block deals on NSE at discount of 0.4% to 10% to prev close, as per LSEG data

** Stock set to snap five session gaining streak since listing on November 12

** BILO up ~52% since listing

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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