“Bullish on Groww (Billionbrains Garage Ventures), with a 'Buy' call and a target price of ₹240, implying nearly 20% upside. The company is expected to achieve a 30% PAT CAGR over FY26-29, driven by 18% broking business growth from client vintage and market share gains, new initiatives like margin trading and wealth management, and a 10 percentage point margin expansion. Resolving CAS issues and adding US stocks in late FY27 could further boost FY28 earnings by 5-9%.”