Shares of edtech platform PhysicsWallah Ltd. fell another 15% on Thursday, November 20, extending the slide that began on Wednesday despite a strong market debut earlier this week.

The company's market capitalisation has now dropped to ₹34,888.25 crore, sharply lower than the nearly ₹45,974.84 crore valuation at the time of listing on November 18.

The stock has now fallen 16% from its listing price in just three sessions.

Despite the correction, shares are still trading 11% above the IPO price of ₹109 apiece.

PhysicsWallah targets profitability within a year

PhysicsWallah aims to turn profitable in under 12 months, Co-founder and Whole-time Director Prateek Maheshwari told CNBC-TV18 in a recent interaction.

Following its successful market debut, the company plans to accelerate expans

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