Motilal Oswal initiates coverage on India's Groww with 'Buy'

Billionbrains Garage Ventures

06/01/2026 05:23

** Motilal Oswal initiates coverage on Groww BILO.NS with "Buy" and PT at 185 rupees

** Brokerage says the D2C digital investment platform is well-positioned to compound earnings in a structurally under-penetrated Indian capital markets ecosystem

** Says expanding monetization for affluent clients via the wealth management platform should reduce earnings volatility

** Expects Groww's FY25-28 revenue to grow at 25% CAGR and PAT to grow at 30% CAGR

** Stock currently up 0.26%

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))