Physicswallah shares gain as JM Financial assigns ‘Buy’ call, sees 23% upside; Can the stock reclaim its IPO price? by Live mint | February 27, 2026 11:11 am | Indian Stocks, Market, News PhysicsWallah shares are trading nearly 40% below its listing price and 20% below its issue price. The stock has fallen 26% in one month, and has declined 30% in three months.