Shares of Billionbrain Garage Ventures, the parent company of Groww, rallied 3% to their day's high of Rs 195.55 on the BSE on Friday after global financial services firm Goldman Sachs acquired more than 1.13 crore shares in an open market transaction worth Rs 210.43 crore on Thursday.
According to BSE block deal data, Goldman Sachs Bank Europe SE bought 1,13,43,750 equity shares, equivalent to a 0.18% stake in the Bengaluru-based company. The shares changed hands at an average price of Rs 185.50 apiece. Venture capital firm Friale was the seller in the transaction, offloading the same number of shares.
