Physicswallah shares rally 18%, snap 5-day losing streak. What's behind the surge?

Wait 5 sec.

PhysicsWallah shares rose sharply on Thursday, adding nearly Rs 5,000 crore in market value after the company reversed its lending strategy and partnered with regulated NBFCs for student loans. The move, aimed at reducing balance sheet and credit risks, helped the stock snap a five-session losing streak.