PhysicsWallah shares soar 13% in debut trade after solid listing pop. Should you buy, sell or hold?
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PhysicsWallah’s market debut on Tuesday saw shares surge up to 13% after a strong open above the IPO price, drawing immediate investor attention. The high-profile edtech listing has quickly triggered conversations among investors about the right strategy now — whether to buy, book profits, or stay invested. The stock opened at Rs 145 on the NSE, a 33% premium to its issue price of Rs 109, and at Rs 143.10 on the BSE, up 31%. It then extended gains, touching an intraday high of Rs 162.05 on the BSE, up 13% from the opening price and Rs 161.99 on the NSE, up nearly 12% from the opening price. Should you buy, sell or hold? Shivani Nyati, Head of Wealth at Swastika Investmart Ltd, said in a post-listing comment that the strong debut is attributed to investor confidence in the company’s “strong brand recall, affordable test-prep offerings, and its fast-growing hybrid model through both online platforms and PW Pathshala centres.”Nyati noted tha...