India, Nov. 20 -- Shares of Groww parent, Billionbrains Garage Ventures Ltd, extended their losing streak for the second consecutive session, crashing 9.4% to INR 153.94 during the intraday trading on the BSE today, amid profit booking.
At 12:23 IST, the shares were trading 7.6% lower at INR 157. The company's market capitalisation stood at INR 96,690.9 Cr (about $11 Bn).
The decline began yesterday after the company's shares rallied for five consecutive sessions post their listing on November 12. On Monday (November 18), the stock rallied to nearly INR 194, up 70% from the listing price of INR 114 on the BSE and nearly 94% from the issue price of INR 100.
The stock tanked 10% to hit the lower circuit at INR 169.94 yesterday.
Groww ha...
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