The trading floor hums, a low thrum of anxiety. PhysicsWallah’s stock, once a darling of the edtech boom, is now a case study in market volatility. Today, on the BSE, the shares dipped another 15.6%.
INR 121.15 apiece. That’s where they landed during intraday trading. It’s a significant drop, especially considering the initial buzz. The third session in a row. The numbers tell a story, cold and stark.
Who is watching? Investors, certainly. Analysts, too, are running their models. What’s the cause? Market correction? Overvaluation? Or something else entirely? The why is complex, as always. But the where is clear: the Bombay Stock Exchange (BSE).
One trader, reached by phone, offered a terse assessment. “Sentiment is definitely shifting,” he said, his voice clipped. “People are getting cautious.” He asked to remain anonymous, a common request in these situations. The date is today.
PhysicsWallah, the edtech company, built its reputation on affordable education. Now, it faces the pressures of the public market. What happens next is anyone’s guess. The market, as always, has the last word.
