Education
Platform - Education
from 121 today
Physicswallah is among India's largest education platforms, built on a capital-efficient business model in Indian EdTech. We initiate coverage with a BUY rating and a target price of INR200, implying 66% upside.
Physicswallah had a decent Q1FY27 despite pushout of some revenues due to re-conduct of the NEET exam. With the underlying business fundamentals intact and the stock correcting >20% from recent highs, we believe the risk-reward is once again favourable. So, we upgrade PW to BUY with an unchanged Jun'27 TP of INR 140.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
