Rs 8,600 Crore Wipeout! PhysicsWallah Shares Crash 19% From Day 1 Peak
India’s edtech unicorn PhysicsWallah (PW), which recently made its stock market debut, witnessed a sharp correction in its share price, erasing nearly ₹8,600 crore in market capitalization from its day-one peak. The company, founded by Alakh Pandey, had entered the public markets with much fanfare, but investor sentiment quickly turned cautious as valuations, profitability concerns,…