PhysicsWallah rallies 10%: What narrowing Q1 losses and PM Modi’s online coaching push mean for investors?
The share price of online EdTech platform PhysicsWallah (PW) jumped nearly 10% in intraday trade today after the education technology company reported an improvement in its first-quarter performance (Q1FY27). The stock climbed 9.6% to Rs 128.37 to hit an intraday high.
But the recently listed stock has another reason to remain in focus. Prime Minister Narendra Modi’s Independence Day speech brought online education and competitive-exam preparation back into the spotlight.
Is PhysicsWallah getting a double boost – improving financials and a potentially larger role for online coaching? Let’s take a look –
