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Grow’s shares turned red like tomatoes, know the reason for this sudden decline

Grow’s shares turned red like tomatoes, know the reason for this sudden decline
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Groww Share Price Today: A decline in the shares of Grow’s parent company Billionaires Garage Ventures Limited is being seen in the Indian stock market on Thursday, November 20. This trend of decline in company shares continues even today. The company’s shares have fallen by 8.26 percent on BSE.

At the same time, the company’s shares have also fallen by 7.92 percent on NSE. Due to which investors are suffering huge losses. There was a lower circuit of 10 percent in the company’s shares on Wednesday’s trading day. Let us know how the company is doing business in the stock market today…..

reason for decline

After the listing of company shares, there was a tremendous rise in the first 5 days. The company share had jumped from its IPO price of Rs 100 to beyond Rs 190. However, due to profit-booking on Wednesday’s trading day, the shares declined and fell by 10 percent.

Lower circuit was also imposed on company shares. This pressure on company shares continued on Thursday also. More than 2.5 crore shares of the company were traded in the initial trading itself.
Company’s condition in stock market

At around 1 pm on Thursday, the company shares were trading at Rs 154.24 on BSE. Which shows a decline of 9.24 percent or Rs 15.70 as compared to the previous day’s close. Today the shares opened at Rs 157. The shares had reached a high level of Rs 162.29 during the trading day. At the same time, the low level was Rs 153.01.

The company’s shares were trading at Rs 154.01 on NSE. Which shows a fall of about Rs 15. The day started at Rs 157.55. The high level of the company during the trading day was Rs 162.27.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)

Also read: Fujiyama Power IPO Listing: Dull start for Fujiyama Power shares, stock listed below IPO price

Tags: declineGrowsGroww parent stock declineGroww Share FallGroww share price todayreasonredsharessuddentomatoesturned
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