Block Trades in Indian Edtech Stocks Physicswallah and Groww Drive Share Price Swings
Significant block deal transactions involving Indian education platforms Physicswallah and Groww have caused sharp divergent moves in their stock prices. While Physicswallah shares rose following a major equity transfer, Groww declined as institutional investors reportedly adjusted their stakes.
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Physicswallah shares jump 5% after block deal worth Rs 550 crore. What’s ahead after 63% rally in 6 months?
PhysicsWallah shares surged around 5% after nearly 4.67 crore shares worth about Rs 550 crore changed hands in a block deal at Rs 117.72 apiece. The stock has recovered sharply from its March low, while improving Q1 FY27 financials and a Buy rating from JM Financial point to a more positive outlook.
Read full article →Groww, Physicswallah among 5 stocks that see block deals worth over Rs 6,900 crore today - Moneycontrol.com
Groww, Physicswallah among 5 stocks that see block deals worth over Rs 6,900 crore today Moneycontrol.com
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