Groww Shares Recover After 17% Fall, Analysts Weigh in on Valuations

Groww shares rebounded 6% after a 17% fall in two sessions, driven by analysts' views on the company's dominant platform, low customer acquisition costs, and proven scalability. However, valuations seem stretched, with the stock valued at 34-44x FY25 earnings, a premium to Angel One and Anand Rathi. Regulatory tightening in the futures and options segment could impact margins.