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Physicswallah shares rise more than 40% in six months
The stock is up 41% year-to-date, outpacing the Sensex decline of 8%.
PhysicsWallah shares have risen more than 40% over the past six months, extending a recent uptrend that began after the stock’s 52-week low of ₹77.75 on 4 March.
The company’s shares are up 41% year-to-date, while India’s equity benchmark Sensex is down 8%. On a monthly basis, the stock is up 13% so far in October after a 6% gain in September.
Motilal Oswal Financial Services said the company’s valuation and growth profile, including multiple independent growth legs and sustained EBITDA improvement, suggest a nearly 30% online CAGR over the next 3 to 4 years.
On Thursday, 8 October, PhysicsWallah climbed over 1% in intraday trading, moving toward a fourth consecutive session of gains.
Latest closeSensex 72,382.47 ▲0.7%