PhysicsWallah stock slide: Shares sink for 3rd day as Rs 8,600cr wiped out since debut

PhysicsWallah's post-listing surge has evaporated, with shares plummeting over 9% and erasing billions in market value. Despite the sharp decline, the edtech firm still trades above its IPO price. Experts cite strong fundamentals like brand recall and affordability, but caution against competition and regulatory risks.

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