PhysicsWallah made a strong entry into the stock market on Tuesday, with its shares rising sharply above the issue price and prompting immediate debate among investors over whether to buy, sell or hold. As per ET, the stock opened at Rs 145 on the NSE, about 33 per cent higher than its IPO price of Rs 109. On the BSE, it began trading at Rs 143.10, up 31 per cent, before climbing further to touch Rs 162.05 during the day. Company’s market value reached Rs 43,453 crore. Analysts said the upbeat debut reflects investor confidence in the edtech firm’s brand presence and hybrid teaching model. Shivani Nyati of Swastika Investmart was quoted by ET as saying that the company’s “strong brand recall, affordable test-prep offerings, and fast-growing hybrid model” had contributed to the s
PhysicsWallah IPO: Shares list with strong gains; should buy, sell or hold?
The Times of India2 hrs ago
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