🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

News on Medial

Related News

Axis Capital initiates coverage on PhysicsWallah with Add rating, targets Rs 138

EntrackrEntrackr · 10d ago
Axis Capital initiates coverage on PhysicsWallah with Add rating, targets Rs 138
Medial

Snippets Axis Capital initiates coverage on PhysicsWallah with Add rating, targets Rs 138. While the online business remains PhysicsWallah’s core strength, Axis Capital also flagged challenges in scaling the offline segment profitably. Axis Capital has initiated coverage on PhysicsWallah (PW) with an Add rating and a price target of Rs 138. An Add rating typically indicates an expectation that the stock will deliver returns in line with or better than the broader market over the medium to long term. In its initiation note, the brokerage said the rising demand for entry into top educational institutes and government jobs, coupled with limited seats, continues to support long-term growth for test-prep players like PhysicsWallah. The firm said this demand trend validates PW’s focus on affordability-led education at scale. Axis Capital also highlighted PhysicsWallah’s large organic student base, built primarily through its online ecosystem and YouTube presence, as a key strength. This organic funnel helps the company keep customer acquisition costs low and offer courses at lower prices than most competitors, creating a strong moat in an increasingly competitive edtech market, the report added. While the online business remains PhysicsWallah’s core strength, Axis Capital also flagged challenges in scaling the offline segment profitably. The offline business, which began expanding meaningfully from FY23, faces stiff competition from both organised coaching chains and local players. Pricing power is also limited, with outcomes playing a bigger role than affordability in offline education. Recently, PhysicsWallah approved the acquisition of an additional 12.29% stake in its subsidiary Xylem Learning, taking its total shareholding to 77.27%. On the financial front, the company’s operating revenue grew nearly 26% to Rs 1,051.26 crore in Q2 FY26, compared to Rs 832.17 crore in the year-ago period. During the quarter, profit jumped 70% to Rs 69.7 crore. PhysicsWallah is yet to report its Q3 FY26 results.

ICICI Securities Initiates Coverage On Honasa With ‘BUY’ Rating, Sees 28% Upside

Inc42Inc42 · 1y ago
ICICI Securities Initiates Coverage On Honasa With ‘BUY’ Rating, Sees 28% Upside
Medial

ICICI Securities has initiated coverage on Honasa Consumer Ltd, the parent company of Mamaearth, with a ‘BUY’ rating and a price target of INR 550 per share. The brokerage believes that Honasa's agile and low-risk business model, along with its digital-first approach, positions it well in the beauty and personal care industry. Honasa's portfolio of brands, including Mamaearth, The Derma Co, and others, is expected to benefit from industry growth. While the report highlights challenges in scaling offline distribution and the limitations of a niche natural ingredient-oriented approach, Honasa's newer brands are experiencing strong growth. Shares of Honasa have surged since listing on the stock exchanges in November last year.

Meesho’s shares hit 20% upper circuit after UBS initiates ‘Buy’ call

EntrackrEntrackr · 1m ago
Meesho’s shares hit 20% upper circuit after UBS initiates ‘Buy’ call
Medial

Shares of social commerce firm Meesho hit the 20% upper circuit in early trade on Tuesday after global brokerage UBS initiated coverage on the stock with a Buy rating, triggering strong buying interest. The stock was locked at its upper circuit band during intraday trade, with limited sell-side participation, reflecting heightened investor optimism following the brokerage’s note. According to market data, Meesho’s shares surged to around Rs 216 on the NSE, marking one of its sharpest single-day gains since listing. In its initiation note, UBS highlighted Meesho’s differentiated business model and improving execution, particularly its focus on value-conscious consumers in Tier II and Tier III markets. The brokerage also pointed to the company’s zero-commission marketplace approach and a tightening cost structure as key positives supporting its investment thesis. Last week, Meesho made a strong debut in the public markets, listing at a hefty premium and closing one of the largest tech IPOs of 2025. The Bengaluru-based firm opened at Rs 162.5 per share on the NSE, a 46% jump over its issue price of Rs 111. During the last fiscal year, the company posted revenue of Rs 9,390 crore, while its losses before exceptional items and tax stood at Rs 108 crore. In the first half of the ongoing fiscal year (H1 FY26), it reported revenue of Rs 5,577 crore. Over the past few quarters, Meesho has focused on improving operational efficiency by rationalising marketing spends, optimising logistics costs, and strengthening its supplier ecosystem. The company has also doubled down on categories such as fashion and home essentials, which continue to see steady demand from price-sensitive users. As of writing this story, Meesho’s shares remained locked at the upper circuit, with investors closely watching whether the momentum extends into the next trading sessions.

Download the medial app to read full posts, comements and news.