Physicswallah shares rally 18%, snap 5-day losing streak
Shares of ed-tech platform Physicswallah rallied 18% on Thursday, adding nearly Rs 5,000 crore to its market capitalisation in just one session after the recently-listed company revamp of its lending strategy.
Physicswallah shares rose nearly 18% to trade at Rs 108.44 apiece on NSE. The sharp gains pushed its market capitalisation to over Rs 31,300 crore.
In an exchange filing released, Physicswallah said that it is restructuring its lending strategy and has partnered with multiple leading regulated third-party NBFCs to enable student lending needs. It added that this decision reverses its earlier approach and is aimed at materially reducing balance sheet and credit-related risks for the company.
"We will continue to work as a technology platform that connects PW's students to a curated list of regulated lending partners, based on students’ learning lifecycle and academic outcome journey of such students. PW will continue to enable affordability and accessibility, and make it more scalable, robust and capable of deeper penetration into the student ecosystem," Physicswallah added.
This comes after the company late in May announced an investment of around Rs 120 crore through an equity infusion in its fully-owned subsidiary FinZ Finance, following which the stock declined around 18% in five sessions. Going forward, Physicswallah said that its strategic director for Finz Finance will be decided in the near future, subject to its board and other regulatory approvals.
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Speaking about the development, Physicswallah Co-founder Prateek Maheshwari said that the company received feedback from its partners that its core strength lies in building communities and its online business. “Our lending business is best left to regulated third-party NBFCs who have created robust underwriting capabilities,” he added.
“We truly believe that prudent capital allocation and shareholder value remain our foremost priority, and in light of the feedback received from our partners to the said announcement, we have exercised our fiduciary responsibility to revisit this decision and enable student lending through regulated third-party NBFCs,” Prateek Maheshwari further said.
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Physicswallah share price
Physicswallah shares had made a strong market debut in November last year, listing with a premium of 33% over the IPO price at Rs 145 apiece on NSE. The stock then sharply surged further, hitting a record high at Rs 161.99 apiece in the same month.
However, the stock then began to tumble, falling over 52% from the record high level to hit a 52-week low of Rs 77.72 apiece in March this year. The stock has now recovered around 40% since then to trade at Rs 108.44 apiece today. The stock is, however, still down over 25% from its listing price.
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Physicswallah shares have fallen around 5% in one week and 3% in one month. The stock is overall down 20% in 2026 so far.
Physicswallah shares rose nearly 18% to trade at Rs 108.44 apiece on NSE. The sharp gains pushed its market capitalisation to over Rs 31,300 crore.
In an exchange filing released, Physicswallah said that it is restructuring its lending strategy and has partnered with multiple leading regulated third-party NBFCs to enable student lending needs. It added that this decision reverses its earlier approach and is aimed at materially reducing balance sheet and credit-related risks for the company.
"We will continue to work as a technology platform that connects PW's students to a curated list of regulated lending partners, based on students’ learning lifecycle and academic outcome journey of such students. PW will continue to enable affordability and accessibility, and make it more scalable, robust and capable of deeper penetration into the student ecosystem," Physicswallah added.
This comes after the company late in May announced an investment of around Rs 120 crore through an equity infusion in its fully-owned subsidiary FinZ Finance, following which the stock declined around 18% in five sessions. Going forward, Physicswallah said that its strategic director for Finz Finance will be decided in the near future, subject to its board and other regulatory approvals.
PhysicsWallah dials down schools push after investor unease
Speaking about the development, Physicswallah Co-founder Prateek Maheshwari said that the company received feedback from its partners that its core strength lies in building communities and its online business. “Our lending business is best left to regulated third-party NBFCs who have created robust underwriting capabilities,” he added.
“We truly believe that prudent capital allocation and shareholder value remain our foremost priority, and in light of the feedback received from our partners to the said announcement, we have exercised our fiduciary responsibility to revisit this decision and enable student lending through regulated third-party NBFCs,” Prateek Maheshwari further said.
Did Trent shares really crash 34% in one day? Here's how the bonus math works
Physicswallah share price
Physicswallah shares had made a strong market debut in November last year, listing with a premium of 33% over the IPO price at Rs 145 apiece on NSE. The stock then sharply surged further, hitting a record high at Rs 161.99 apiece in the same month.
However, the stock then began to tumble, falling over 52% from the record high level to hit a 52-week low of Rs 77.72 apiece in March this year. The stock has now recovered around 40% since then to trade at Rs 108.44 apiece today. The stock is, however, still down over 25% from its listing price.
Suzlon Energy shares rise 2% after firm announces foray into solar, battery storage businesses under 'Suzlon 2.0'
Physicswallah shares have fallen around 5% in one week and 3% in one month. The stock is overall down 20% in 2026 so far.
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