Archive · 20 Jan 2026
PhysicsWallah Shares Fall 8% in Early Trade
PhysicsWallah, an edtech company, saw its shares drop by nearly 8% in early trade on January 20, 2024.
This is the third straight day of losses, with shares declining by around 14% over the last three trading days.
The company's market capitalization has fallen to Rs 32,257 crore, which is lower than its valuation at the time of listing.
The stock is currently trading below its short-term moving averages, indicating pressure in the near term.
Despite this, PhysicsWallah is expanding its reach and expects significant revenue growth in the coming years.
The company was founded in 2016 by Alakh Pandey and operates 303 offline centers across 152 cities in India and the Middle East.
PhysicsWallah shares fell nearly 8% in early trade on January 20, 2024.
This marks the third straight day of losses, with a 14% decline over three trading days.
The company's market capitalization has dropped to Rs 32,257 crore from its listing valuation.
The stock is trading below its short-term moving averages, indicating near-term pressure.
PhysicsWallah plans to expand its reach and expects over 30% revenue growth in the coming years.
- Who
- PhysicsWallah Ltd.
- What
- Shares fell nearly 8% in early trade
- When
- January 20, 2024
- Where
- Mumbai, India
- Why
- Continuous selling pressure and market conditions
- Company
- PhysicsWallah Ltd.
- Stock Decline
- 8% in early trade
- Market Capitalization
- Rs 32,257 crore
- IPO Listing Price
- Rs 109
- Current Share Price
- Rs 145 (NSE), Rs 143.10 (BSE)
- Revenue Growth (FY24-25)
- Over 40%
- Offline Centers
- 303 across 152 cities
- Founded
- 2016 by Alakh Pandey