Rs 8,600 crore wipeout! PhysicsWallah shares crash 19% from day 1 peak

Rs 8,600 crore wipeout! PhysicsWallah shares crash 19% from day 1 peak

PhysicsWallahs early rally has unwound quickly, with the stock extending losses for a second straight session and its market value dropping from nearly Rs 46,300 crore on listing day to below Rs 37,700 crore. Analysts say the companys strong brand and hybrid learning model support its long-term outlook but warn that competition, regulatory risks and profitability pressures could drive further volatility.

PhysicsWallah shares fall for 2nd day post solid market debut

New Delhi, Nov 20 (PTI) Shares of edtech unicorn PhysicsWallah Ltd dropped over 9 per cent in two trading days after a solid market debut on Tuesday.In two trading days, the stock tumbled 9.18 per cent on the BSE. On Thursday, shares ended at Rs 140.95, down 1.81 per cent following a 7.5 per cent drop to Rs 143.55 on Wednesday.At the NSE, the stock dipped 0.94 per cent to Rs 141.93 on Thursday. In the previous trade, it lost 7.70 per cent to Rs …

PhysicsWallah Shares Slump 16% To INR 121 In Third Trading Session

Update | November 20, 17:41 IST Shares of PhysicsWallah staged a recovery in the latter part of the trading session to close 1.81% lower from the previous close at INR 140.95 apiece on the BSE. The company’s market capitalisation stood at INR 40,307.37 Cr (about $4.55 Bn).  Original | November 20, 14:05 IST  Shares of edtech company PhysicsWallah slumped 15.6% to INR 121.15 apiece on the BSE during the intraday trading today.  At 13:50 IST, the …