Latest Updates Around The World
The edtech sector has witnessed turbulence over the past two years, but one major player is charting a remarkably optimistic course. After a strong first half of FY26, the company is showing confidence not only in its near-term momentum, but also in its longer-term profitability targets, including a fully PAT positive result in FY27.PhysicsWallah, co-founder […]
Newly listed edtech player PhysicsWallah reported 62% year-on-year (year-on-year) growth in its consolidated net profit of Rs 72.3 crore in the second quarter. The same stood at Rs 44.5 crore in the same quarter last year. Revenue from operations in the reporting quarter rose 26% year-on-year to Rs 1,051 crore.From FY23-FY25, Physics Wallah reported strong […]
Indian markets remain choppy, but investor opportunities continue to emerge in banking, auto, consumer and select digital stocks, said Sudip Bandyopadhyay, group chairman, Inditrade Capital. In an interview with ET Now, he outlined where he sees clear value – and where caution is needed. IndusInd Bank: Buy now, but wait a year Bandyopadhyay remains bullish […]
After nearly four months of back-to-back public offerings that have helped Indian companies raise record capital in the primary market, the week ahead will be noticeably quieter. No new motherboard IPOs are planned, marking a brief pause in what has been one of the busiest listing cycles in recent years. Instead, three SME issues will […]
Did PhysicsWallah shares end lower or higher on Thursday? It depends on which exchange you are looking at. In a rare and confusing trading anomaly, the newly listed edtech company ended the session with widely divergent closing prices on the two major stock exchanges, BSE and NSE, in a unique event that capped a volatile […]
A week of heady quotes met a harsh dose of reality on Wednesday as three of Dalal Street’s most watched newcomers, PhysicsWallah, Lenskart and Groww, fell sharply to 10% in volatile trading. The pullback, driven by profit-taking and a dramatic short-seller boom in Groww, forced investors to reassess how much heat these newly listed stocks […]
India’s IPO markets continue to attract attention as large listings deliver notable gains and spark discussions on valuations. One of the most talked about is online investment platform Groww, which recently crossed a market capitalization of ₹1 lakh crore. ET Now spoke to market expert Narendra Solanki of Anand Rathi Shares about the increase and […]
