Feb 26 • 10:33 UTC 🇮🇳 India Aaj Tak (Hindi)

Caught Investors? This Share Made Poor After Huge Entry, Broken 45% from High

Investors in the EdTech company PhysicsWallah are feeling trapped as its stock has plummeted by 45% from its peak since a strong IPO entry last year.

PhysicsWallah, an EdTech company, made headlines last year when its shares debuted with a significant premium during its IPO, leading to enthusiastic investor interest. At the time, shares listed at a premium of 33%, resulting in a rapid increase in value that garnered substantial profits for early investors. However, the current trend indicates a troubling decline, with the stock price having fallen by 45% from its all-time high and dropping below its IPO price, creating a sense of concern among investors.

As of now, PhysicsWallah's shares have experienced continuous decreases, with a notable drop of approximately 3.16% recently, bringing the share price down to around 88.90 rupees, significantly lower than the IPO price. This development reflects broader market volatility and raises questions about investors' sentiment and trust in the EdTech sector, which was once booming during the pandemic. Many investors who were initially optimistic are now feeling trapped as they watch their investments diminish in value.

The situation serves as a cautionary tale about the unpredictability of the stock market, especially within rapidly growing sectors like EdTech. While promising starts can lead to immediate gains, it also highlights the potential for steep losses, urging investors to approach such opportunities with caution and to remain informed about market changes that could affect their investments.

📡 Similar Coverage