BoFA Buy Call Drives Groww to 52-Week High
Bank of America initiated Groww with a 'Buy' rating and ₹235 price target, implying 21% upside, lifting the stock to a 52-week high and a $13.92 billion market cap. BoFA projects 30% revenue CAGR through FY28 and EBITDA margins of 67%, citing India's retail investing growth. The lock-in period expiry and capital market