Domestic brokerage firm DAM Capital has initiated coverage on Physicswallah with a 'Buy' rating, describing the ed-tech company as a "class apart" and highlighting multiple growth drivers that, in its view, position the company for strong expansion in the coming years.
With a target price of Rs 140 per share, analysts predict an upside of 33% from current market levels. What started as a free physics-focused YouTube channel in 2014 has evolved into India's largest full-stack education platform, expanding across 16 categories with significant scale in both online and offline learning.