GROWWEV
Groww Nifty EV & New Age Automotive ETF
Each stock's 10,000-path forecast, rendered as light.
Groww Nifty EV & New Age Automotive ETF (GROWWEV) Stock Analysis & Case Study
Is GROWWEV a good buy? The data-driven verdict.
on the numbers it worth a closer look, a Downstox Snapshot Score of 61/100.
On the numbers, Groww Nifty EV & New Age Automotive ETF (GROWWEV) worth a closer look, a Downstox Snapshot Score of 61/100, weighing a 67% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
How GROWWEV ranks against the 2,371 companies in our screener
GROWWEV is not currently one of the 2,371 companies in our live screener universe, so no percentile comparison is available for it here.
GROWWEV share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 2.0y of GROWWEV history (2%/yr drift, 19%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| GROWWEV 2027 | ₹29 | ₹37 | ₹47 | +9% |
| GROWWEV 2028 | ₹28 | ₹40 | ₹57 | +18% |
| GROWWEV 2029 | ₹29 | ₹44 | ₹66 | +28% |
| GROWWEV 2030 | ₹29 | ₹47 | ₹77 | +39% |
| GROWWEV 2031 | ₹30 | ₹52 | ₹88 | +51% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability GROWWEV goes up, or doubles?
The bull case for GROWWEV
- A 10,000-path probability model puts a 67% chance the price is higher in a year, with a median target of ₹37 (+9%).
- Relatively low volatility (19%/yr), a steadier ride than the typical mid/small-cap.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹66.
The bear case & risks
- No model or past record guarantees future returns, treat this as one input, not a decision.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹29.
GROWWEV volatility & expected range, how bumpy is the ride?
Over the last 2.0 years GROWWEV compounded at 2%/year with annualized volatility of 19%. That volatility implies a 1-year 80% range of ₹29-₹47, the honest backbone behind any single price target.
GROWWEV price forecast, the full 60-month probability fan
GROWWEV price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds GROWWEV hits common targets within the simulated horizon?
Full multi-horizon detail on the GROWWEV price target & forecast page.
GROWWEV MTF margin & leverage across 9 brokers
Margin Trading Facility lets you buy GROWWEV with part of the capital. Lower margin % = higher leverage. Rates compared across 9 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| UpstoxCHEAPEST | 26.50% | 3.8× |
| ZerodhaCHEAPEST | 26.50% | 3.8× |
| GrowwCHEAPEST | 26.50% | 3.8× |
| DhanCHEAPEST | 26.50% | 3.8× |
| Kotak Neo | 100.00% | 1.0× |
| Paytm MoneyCHEAPEST | 26.50% | 3.8× |
| PocketfulCHEAPEST | 26.50% | 3.8× |
| Fyers | 27.03% | 3.7× |
| Anand RathiCHEAPEST | 26.50% | 3.8× |
Compare every broker on the GROWWEV MTF page.
About Groww Nifty EV & New Age Automotive ETF: sector, index & market-cap context
Groww Nifty EV & New Age Automotive ETF (GROWWEV) is an NSE-listed company. See more stocks on our screener.
How the GROWWEV Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Groww Nifty EV & New Age Automotive ETF's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
GROWWEV analysis, FAQs
Is Groww Nifty EV & New Age Automotive ETF (GROWWEV) a good buy?
On the numbers, Groww Nifty EV & New Age Automotive ETF (GROWWEV) worth a closer look, a Downstox Snapshot Score of 61/100, weighing a 67% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is GROWWEV overvalued or undervalued?
Valuation ratios for GROWWEV are tracked live on Downstox.
What is the GROWWEV share price target for 2031?
GROWWEV's probability-weighted 2031 median target is ₹52, with an 80% range of ₹30-₹88 (10,000-path Monte-Carlo).
What is the probability GROWWEV doubles in 5 years?
The modelled probability of GROWWEV reaching ₹68 (2×) within 5 years is 25%.
What is the bull case for GROWWEV?
A 10,000-path probability model puts a 67% chance the price is higher in a year, with a median target of ₹37 (+9%). Relatively low volatility (19%/yr), a steadier ride than the typical mid/small-cap.
What are the risks in GROWWEV?
No model or past record guarantees future returns, treat this as one input, not a decision.