FIIs and Mutual Funds increase stakes in Groww. Should You Buy, Sell, or Hold?

Groww (Billionbrains Garage Ventures) reported Q1FY27 net profit of Rs 735 crore, up 94% year-on-year, with revenue climbing 66% to Rs 1,504 crore. FIIs and mutual funds raised their stakes in the company following the strong results. Brokerages including Jefferies, JM Financial, and Motilal Oswal have maintained or upgraded to Buy ratings with target prices of around Rs 250, citing a three-year EPS CAGR of about 30% and improving operational efficiency.