PhysicsWallah Surges 16% After Scrapping In-House Lending Plan
Shares of Physicswallah Limited shot up to a day high of Rs 108.44 on NSE on Thursday, 4 June, jumping 16% after the edtech firm announced it was walking back its plan to run its own student lending business. Instead, the company said it would hand that role over to established third-party NBFCs. The reversal…