Physicswallah lock-in expiry triggers market pressure. Nearly 26 crore shares worth Rs 2,949 crore, representing 9 percent of total equity, became eligible for trading today after the six-month lock-in period expired. The stock dropped 5 percent on Monday morning as investors braced for potential selling pressure. Physicswallah shares have faced significant headwinds since their November listing at Rs 145, currently trading around Rs 112.79. The edtech platform's strong fundamentals, including 34 percent year-on-year revenue growth to Rs 1,082 crore and net profit of Rs 102.3 crore in Q3 FY26, provide some support. However, the unlock event adds near-term volatility as early investors gain exit opportunities after holding through the mandatory lock-in period.
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