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Edtech unicorn PhysicsWallah plans to raise ₹3,100 crore to open 200 new offline centres, boost branding, and strengthen tech infrastructure. Co-founders Alakh Pandey and Prateek Maheshwari said the expansion marks a hybrid growth phase, blending online scale with tech-enabled classrooms. The company remains cash-positive, generating ₹500 crore operational cash in FY25, and expects profitability soon.
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Indian stock markets, the Sensex and Nifty, saw a significant drop on Friday. This marks the third consecutive day of losses. Investors are booking profits after a strong rally in October. Foreign investor outflows and a cautious global mood are also impacting the market. Despite positive corporate earnings, the benchmarks are headed for a weekly decline.
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Ola Electric shares slipped over 4% after reporting a mixed Q2 FY26 performance. While losses narrowed, revenue fell 43% YoY. The company achieved Auto EBITDA profitability and cut operating costs sharply.
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Thangamayil Jewellery has surged over 53% in five days, becoming 2025’s top-performing jewellery stock. Stellar September-quarter results and a record October, with revenue crossing Rs 1,000 crore, fueled this rally. Analysts see strong technical momentum but advise caution, suggesting dips for entry points around Rs 2,800 and Rs 2,570.
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Nomura has raised its target price for Tata’s Titan Company to Rs 4,500, citing strong demand and festive-season jewellery sales. The stock has gained 15% this year. Titan reported 22% revenue growth in Q2 FY26, with jewellery sales up 18.8%. Margins remain steady despite gold price pressure, though risks exist from high gold prices and competition. Nomura forecasts strong earnings growth at a 24% CAGR...
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