{
  "id": 1449517,
  "title": "PhysicsWallah Jumps 9.5% After Q1 Results, JPMorgan & JM Financial Upgrade Rating",
  "url": "https://urgent.news/2026/08/17/physicswallah-jumps-9-5-after-q1-results-jpmorgan-jm-financial",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T07:36:58.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/physicswallah-jumps-9-5-after-q1-results-jpmorgan-jm-financial-upgrade-rating/"
  },
  "original_language": "en",
  "account": "Physics Wallah, an edtech company, experienced a significant surge in its shares, jumping up to 9.5% on the BSE after receiving upgrades from both JPMorgan and JM Financial. The company's Q1 FY27 results exceeded expectations, contributing to the positive reaction. JPMorgan upgraded the stock to 'Overweight' with a target price of ₹148, while JM Financial upgraded it to 'Buy' with a June 2027 target price of ₹140. These upgrades imply potential upside of over 26% and nearly 20%, respectively, from the previous close of ₹117.20. Physics Wallah's operating revenue grew to ₹1,054 Cr, a 24.4% increase from the same period last year, despite a 28% decline in online NEET collections due to the NEET UG exam disruption. However, collections rebounded after NEET results, rising 51% year-over-year. The company's net loss narrowed by 30.5% to ₹88.3 Cr, and its EBITDA margin improved to 4.9%, a significant increase from negative 2.5% in the same period last year.",
  "summary": "Shares of edtech company Physics Wallah rallied as much as 9.5% to an intraday high of ₹128.35 apiece on the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}