Motilal Oswal reiterates buy on Physicswallah; target Rs 200
Motilal Oswal reiterated a buy rating on Physicswallah and set a target of Rs 200, citing a capital-efficient education platform model built on a YouTube free-to-paid funnel.
Motilal Oswal's research report on PhysicswallahPhysicswallah (PW) is among India's largest education platforms, built on what we believe is one of the most capital-efficient business models in Indian EdTech.
PW has built a large free-to-paid funnel through YouTube, enabling it to acquire students…