Goldman Sachs has initiated coverage on PhysicsWallah with a Neutral rating and a ₹135 target price, citing strong execution and a large market opportunity. It expects 24% revenue CAGR and over 80% EBITDA CAGR during FY25–30, driven by organic traffic, a stable competitive landscape, and a scalable pricing model.
Hy-Tech Engineers IPO Day 3: GMP at 57%, subscription reaches 19.33x. Should you subscribe?
The Hy-Tech Engineers IPO entered its third day of bidding on August 26, with the issue subscribed 19.33 times by the end of Day 2.