Mumbai, Nov 20: Groww’s share price continued to fall for the second day in a row on Thursday as investors booked profits after the stock’s strong rally last week.

The shares slipped as much as 9 per cent during early trade, touching an intra-day low of Rs 154.10 on the National Stock Exchange (NSE).

This is a 9.29 per cent drop from the previous day’s close.

During early trade, the market value of Billionbrains Garage Ventures — Groww’s parent company — fell to Rs 97,431.70 crore, slipping below the Rs 1 lakh crore mark.

The decline follows Wednesday’s sharp fall, when the stock hit the 10 per cent lower circuit on both the BSE and NSE, ending a five-day winning streak.

It closed at Rs 169.94 on the BSE and Rs 169.89 on the NSE in the previous trading session.

On Wednesday, the exchanges also revised Groww’s price band from 20 per cent to 10 per cent, limiting how much the stock can move in a single session.

The next key event for the stock is on Friday, November 21, when the company will announce its quarterly results — its first earnings report since listing last week.

Earlier, in a filing to the stock exchanges, Groww said its Board of Directors will meet on Friday, November 21, 2025, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025.

Another important trigger is expected on December 10, when the one-month lock-in period for shareholders ends.

Groww, founded in 2016, is currently India’s largest stockbroker with more than 12.6 million active clients and a market share of over 26 percent as of June 2025.

Vasai: In the case involving the death of a 13-year-old student at Shri Hanumant Vidya Mandir School in Vasai, a case of culpable homicide not amounting to murder has been registered against teacher Mamata Yadav. It is alleged that the punishment given by the teacher led to the girl’s deteriorating health and eventual death. The police registered the case after receiving the medical report and arrested the teacher on Wednesday.

Kajal Gaund, the student, was studying in the sixth standard at Shri Hanumant Vidya Mandir School in Sativali, Vasai East. On November 8, some children arrived late for school. The class teacher, Mamata Yadav, punished the children, including Kajal, by making them do 100 squats while carrying their school bags on their shoulders.

After returning home from school, Kajal’s health deteriorated. She was admitted to the hospital for treatment, but she passed away during the course of treatment. The incident had severe repercussions. On Tuesday, the post-mortem report was received by the police from the JJ Hospital.

Consequently, the Valiv Police finally booked teacher Mamata Yadav under Section 304 (culpable homicide not amounting to murder) of the Indian Penal Code and Section 75 of the Juvenile Justice (Care and Protection of Children) Act for being responsible for the death. The teacher was arrested on Wednesday evening.

“Initially, a case of accidental death was registered in this matter. However, based on the inquiry and the medical report, a case of culpable homicide not amounting to murder has been registered against the teacher, and she was arrested yesterday evening,” said Dilip Ghuge, Senior Police Inspector of the Valiv Police Station.

The World Hindu Economic Forum (WHEF) 2025 will be held in Mumbai on December 19 and 20 under the theme of innovation, self-reliance, and prosperity. Confirmed speakers include Union Minister for Road Transport and Highways Nitin Gadkari, Union Minister of Commerce and Industry Piyush Goyal, JSW Group Chairman Sajjan Jindal, and Paytm CEO Vijay Shekhar Sharma.

This year’s forum will bring together leading industrialists, policymakers, entrepreneurs, and global investors from India and abroad to deliberate on strategies for inclusive growth, enterprise promotion, and wealth creation rooted in Hindu civilisational values. Invitations have been extended to the chief ministers of Maharashtra, Madhya Pradesh, Rajasthan, Assam, and Odisha, alongside several prominent business leaders.

The Mumbai forum follows the recently concluded WHEF 2025 Adelaide conference in Australia, held under the theme “Empowering Growth: Prosperity, Innovation and Sustainability”, which saw active participation from Australian leaders, including Minister for Trade and Investment Joe Szakacs, Minister for Tourism and Multicultural Affairs Zoe Bettison, and Senator Andrew McLachlan.

The two-day forum will open on December 19 with an exclusive session for large corporates, followed by the MSME and Entrepreneurial Session on December 20. Highlights include WHEF Launchpad presentations, policy discussions, and extensive networking opportunities. The forum is expected to host over 400 delegates representing sectors such as technology, clean energy, manufacturing, and social innovation.

Founded in 2012, WHEF has held forums in Hong Kong, London, Los Angeles, Bangkok, Chicago, and Adelaide, featuring leading global thinkers. Swami Vigyananand, initiator of WHEF, said, “Our economy is our strength. Through WHEF, we aim to channel the collective talent, knowledge, and enterprise of Hindus globally to create and share surplus wealth, ensuring prosperity for all.”

Rajesh Sharma, chairman of WHEF 2025’s organising committee, said, “WHEF has become a global platform that celebrates enterprise and values-driven growth. WHEF 2025 will spotlight how innovation, ethics, and collaboration can redefine Bharat’s role in the global economy. Our aim is to connect ideas with capital, tradition with technology, and local entrepreneurship with global opportunity.”