BusinessPhysicswallah Shares Rise 40% in 6 Months; Motilal Oswal Sees More Upside
Shares of Alakh Pandey-led Physicswallah have surged over 40% in the past six months, outperforming the Sensex which declined 8% year-to-date. The stock hit a 52-week high of ₹162.05 in November last year and a low of ₹77.75 in March 2023. Motilal Oswal Financial Services forecasts nearly 30% online CAGR for 3-4 years and expects EBITDA to improve with offline operations nearing break-even by FY27.
Mint Markets·



