PhysicsWallah shares jump 18% after firm revises lending strategy

The shares of PhysicsWallah surged around 18% on Thursday after the edtech firm announced a strategic shift in its student lending business through partnerships with multiple regulated non-banking financial companies (NBFCs) to cater to student financing needs. The stock opened at ₹91.05 on the BSE, hit an intraday high of ₹108.45, and was trading at around ₹106.50 at 2:35 pm.