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The Economic Times

Debaroti Adhikary

Physicswallah shares rally 18%, snap 5-day losing streak. What's behind the surge?

PhysicsWallah Prateek Maheshwari NSE PW

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.

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