Mumbai, Nov 20 || Groww’s share price continued to fall for the second day in a row on Thursday as investors booked profits after the stock’s strong rally last week.
The shares slipped as much as 9 per cent during early trade, touching an intra-day low of Rs 154.10 on the National Stock Exchange (NSE).
This is a 9.29 per cent drop from the previous day’s close.
During early trade, the market value of Billionbrains Garage Ventures -- Groww’s parent company -- fell to Rs 97,431.70 crore, slipping below the Rs 1 lakh crore mark.
The decline follows Wednesday’s sharp fall, when the stock hit the 10 per cent lower circuit on both the BSE and NSE, ending a five-day winning streak.