India, Nov. 20 -- Shares of edtech company PhysicsWallah slumped 15.6% to INR 121.15 apiece on the BSE during the intraday trading today.
At 13:50 IST, the stock recovered slightly and was trading 9.06% lower at INR 130.55 on the BSE. The company's market capitalisation stood at INR 37,333 Cr (about $4.2 Bn) at the time.
This is the second consecutive session of decline in PhysicsWallah after a bumper debut on Tuesday (November 18). The company's shares got listed at INR 143.10 on the BSE, a premium of 31.39% to the issue price of INR 109. On the NSE, the stock made its debut at INR 145.
Yesterday, the shares opened in green and later sank 10.5% to INR 138.9 apiece during the intraday trading. The stock closed the session at INR 143.55...
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