PHYSICSWALLAH REVISES STUDENT FINANCING STRATEGY 🎓
• Shifts to a partnership-led lending model by collaborating with regulated NBFCs
• Reverses its earlier approach of directly financing students
• Will operate as a technology platform connecting students with lending partners
• Move aimed at reducing balance sheet exposure and credit risk
• Focus remains on improving affordability and accessibility of education financing
• Earlier had announced a ₹120 Cr equity infusion into subsidiary FinZ Finance
• Future strategic direction of FinZ Finance remains subject to board and regulatory approvals
• Strategy aligns with feedback from lending partners and allows PhysicsWallah to focus on its core strengths in education, community building and digital platforms
*Stocks in News*
*Aurobindo Pharma:* Company’s arm Theranym Biologics starts biologics contract manufacturing facility. (Positive)
*BHEL:* Company has secured international contract worth INR 2000-2500 Crores (Positive)
*Agarwal Industrial:* Company bags HPCL bitumen supply order worth Rs 477.5 crore for 1.3 lakh MT. (Positive)
*Marsons Ltd:* Company secures order worth Rs. 31.27 cr from Assam Electricity Grid Corporation (AEGCL), for supply of 132/33kv, 50mva power transformers and related services. (Positive)
*NBCC:* Company bags multiple orders worth Rs. 83.24 cr for project management consultancy. (Positive)
*IEX:* Company may power trade volume jumps 18.6% YoY to 12,983 mu, day-ahead market volume rises 25% with average price at Rs. 4.88/unit. (Positive)
*Shree Rama Multi-Tech:* Company commences production on new tubing machine; adds 45 lakh tubes per month capacity with Rs. 10 crore investment (Positive)
*Jeena Sikho Lifecare:* Company Bhopal hospital receives NABH accreditation for Panchakarma services, valid until May 2029. (Positive)
*Gujarat Fluorochemicals:* Company has established a new subsidiary, GFCL EV New Age Materials SAOC, in Oman (Positive)
*Jain Irrigations:* Company has commissioned 20,000 tonne/annum biochar facility in Jalgaon. (Positive)
*JBM Auto:* Company leads India’s electric bus market with 49% share in May 2026, records industry-highest 157 e-bus registrations. (Positive)
*Natural Capsules:* New HPMC line boosts capacity from 19.5B to 25B capsules/year. (Positive)
*Jubilant Agri:* Company has started Polymer Production at Vadodara Facility. (Positive)
*Sandur Manganese:* Company has received CRISIL outlook upgrade to Positive from Stable while reaffirming its A+ rating. (Positive)
*Balu Forge:* Minerva Ventures Fund bought 6.25 lk at Rs. 486.04 each. (Positive)
*Go Fashion:* Mahalakshmi Electronics Private Limited bought 5 lk shares at Rs. 366.23 each. (Positive)
*Restaurant Brands Asia:* Lenexis Foodworks acquires an 18.07% stake, buying 12.9 lakh shares in the company. (Positive)
*HDB Financial:* Board to consider fundraise on June 8 (Neutral)
*Vedanta:* Talwandi Sabo Power renamed as Vedanta Power effective June 3, 2026 (Neutral)
*Central bank of india:* Company appoints Vivek Kumar as CFO for three years (Neutral)
*LTI Mindtree:* Company launches managed secure service edge solution with cisco (Neutral)
*Tirth Plastic:* Company signs MOU with Krishna Plastic Traders for strategic association and proposed investment (Neutral)
*Sayaji Industries:* Company chairman & managing director Priyam B. Mehta says FY26 turnaround and return to full-year profit position the company for stronger execution and growth in FY27. (Neutral)
*PhysicsWallah:* Company fined by CCPA over using dark patterns. (Neutral)
*Epigral Limited:*CRISIL Ratings has reaffirmed the company’s ratings for its bank facilities. (Neutral)
*Indiabulls Limited:* Company approved raising funds up to Rs. 1000.07 Cr via preferential issue of 51.55 Cr warrants convertible into equity shares at Rs. 19.40 each. (Neutral)
*Manas Polymers & Energies:* Company approves incorporation of wholly owned subsidiary in Dubai to drive global expansion. (Neutral)
*Karnataka Bank Ltd:* Bank has successfully integrated its internet banking platform with the Employees’ Provident Fund Organization (EPFO) portal. (Neutral)
*Hero MotoCorp:* Company has launched India’s first 100cc Flex Fuel motorcycles: Splendor+ and HF Deluxe. (Neutral)
*NHPC:* LIC raises stakes in NHPC, buys 0.76% stake through market purchase. (Neutral)
*Skipper:* Company approves raising up to Rs. 433 crore via equity, including issuance of 92 lakh shares at Rs. 470 per share. (Neutral)
*Niva Bupa Health Insurance:* Board appoints Ashwani Bhatia as Chairperson. (Neutral)
*Kirloskar Ferrous:* NCLT approves the merger of Oliver Engineering and Adicca Energy with the company. (Neutral)
*Balrampur Chini:* Company plans to raise up to Rs. 450 crore via issuance of 93.2 lakh shares. (Neutral)
*Tarsons Products:* Company completes the second tranche of investment, infusing EUR 552,000 into its arm. (Neutral)
*Infosys:* Company enters into a partnership with the Lawn Tennis Association to deliver AI‑driven match insights and enhance fan engagement experiences. (Neutral)
*HFCL:* Company will invest Rs. 89.3 crore in its arm, HFCL Advance Systems. (Neutral)
*Ideaforge Tech:* Company to raise funds up to Rs.500 Cr via Equity, Others route. (Neutral)
*TruAlt Bio:* Dhruv Khush Business Ventures sold 5.90 lk shares at Rs. 507.18 per share. (Neutral)
List of stocks included in the Long term ASM Framework: Aditya Infotech, Sasken. (Neutral)
List of stocks included in the short term ASM Framework: Aditya Info, IFB Industries, NIIT, Network People, Rubicon Research. (Neutral)
List of stocks excluded from ASM Framework: Exicom Tele, Sasken Technologies, Veranda Learning. (Neutral)
Circuit filter change from 20% to 10%: John Cockerill. (Neutral)
*Steel Strips Wheels:* Mohan Joshi resigns as Deputy Managing Director due to personal reasons. (Negative)
*HMA Agro:* Mohammad Mehmood Qureshi resigns as MD & director of the company. (Negative)
Forthcoming Event
04th June: HGS, PILANIINVS to consider Dividend; Satin Creditcare Network, Sigma Advanced Systems to consider Fund Raising
05th June: MAWANASUG to consider Dividend; Hardwyn India to consider Bonus issue; Kesar India to consider Fund Raising
06th June: Gujarat Themis Biosyn, Udayshivakumar Infra to consider Fund Raising
08th June: Aye Finance to consider Fund Raising
25th June: Suryoday Small Finance Bank to consider Fund Raising
Corporate Actions
Dividend
04-Jun-26
RALLIS: Final Dividend – Rs. – 3.00
TIIL: Interim Dividend – Rs. – 20.00
05-Jun-26
BANKBARODA: Dividend – Rs. – 8.50
HDFCAMC: Final Dividend – Rs. – 54.00
PONNIERODE: Final Dividend – Rs. – 5.00
CIPLA: Final Dividend – Rs. – 13.00
ACI: Final Dividend – Rs. – 2.50
RELIANCE: Final Dividend – Rs. – 6.00
QGO: Interim Dividend – Rs. – 0.15
JSWENERGY: Dividend – Rs. – 2.00
ICICIPRULI: Final Dividend – Rs. – 1.65
BEML: Interim Dividend – Rs. – 2.30
JAGRAN: Interim Dividend – Rs. – 10.00
MKVENTURES: Interim Dividend – Rs. – 0.25
08-Jun-26
UNIFIED: Interim Dividend – Rs. – 5.50
IPO
CMR Green Technologies: Open: 03-Jun-26; Close: 05-Jun-26
Hexagon Nutrition: Open: 05-Jun-26; Close: 09-Jun-26
Buyback
Wipro: Ex-Date: 05-Jun-26
CMS Info Systems: Open: 29-May-26; Close: 04-Jun-26
Welspun Living: Open: 29-May-26; Close: 04-Jun-26
Zydus Lifesciences: Open: 04-Jun-26; Close: 10-Jun-26
Dhanuka Agritech: Open: 04-Jun-26; Close: 10-Jun-26
CyberTech Systems: Open: 04-Jun-26; Close: 10-Jun-26
Bonus Issue
Trent: Bonus Issue 1:2; Ex-Date: 04-Jun-26
Gautam Exim: Bonus Issue 3:1; Ex-Date: 10-Jun-26
ZF Commercial Vehicle Control Systems India: Bonus Issue 5:1; Ex-Date: 24-Jun-26
Stock Split
E2E Networks: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 05-Jun-26
Mobavenue Ai Tech: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 12-Jun-26
Right Issue
Ravindra Energy: Open: Ex-Date: 08-Jun-26
Avg Logistics: Open: 01-Jun-26; Close: 09-Jun-26
Integra Essentia: Open: 29-May-26; Close: 10-Jun-26
Shah Metacorp: Open: 11-Jun-26; Close: 24-Jun-26
Indrayani Biotech: Open: 25-Jun-26; Close: 24-Jul-26
Open Offer
RBL Bank: Open: 01-Jun-26; Close: 12-Jun-26
Restaurant Brands Asia: Open: 08-Jun-26; Close: 19-Jun-26
Stocks In News
IEX | May Update
Electricity Traded Volume Up 18.6.4% YoY At 12,983 MU
Day-Ahead Market (DAM) Up 24.9% YoY At 3,535 MU
Real-Time Electricity Market Volume Up 15.9% YoY At 5,529 MU
JBM Auto
Leads India’s Electric Bus Market With 49% Share In May 2026
Records Sale Of 157 Electric Buses In May 2026
Market Share Surges From 33% In April To 49% In May FY27 YTD
Hero MotoCorp
Unveils Its First Flex Fuel Motorcycles To Power India’s Self-Reliant Mobility Future
Ethanol-powered, low-cost vehicle
Splendor’s new Flex Fuel model launched
Starting price ₹72,792 ex-showroom
HF Deluxe’s Flex Fuel model launched
Starting price ₹82,810 ex-showroom
BHEL
Bags Contract Worth 2,000 – 2,500 Cr From Dangote Petroleum Refinery & Petrochemicals Free Zone, Niger
NBCC
Received three new work orders worth ₹83.24 Cr (excluding GST)
Projects spread across Mumbai, New Delhi and multiple districts of Odisha
Strengthens NBCC’s order book across residential, government infrastructure and healthcare-related segments
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