17 August 2026 | 6:08AM IST Equity Research PhysicsWallah Ltd. (PHYS.BO) 1QFY27 review: Below expectations but improving online mix accretive to margins; Neutral | PHYS.BO | | --- | | 12m Price Target: Rs133.00 | | Price: Rs117.20 | | Upside: 13.5% | PhysicsWallah had a mixed quarter. The online segment continued to benefit from strong traction in newer categories and the lack of competition, while the offline segment was negatively impacted by the timing of NEET and slower-than-expected centre additions. T ...