ESDS Hits Upper Circuit For Fourth Straight Day, Rises To 3.3X IPO Price

by · Inc42

SUMMARY

  • Stock of ESDS Software Solution hit an upper circuit of 10% for the fourth consecutive session today, taking the stock to more than three times its IPO issue price
  • The shares subsequently hit their 20% upper circuits at ₹908.40 on the NSE and ₹895.55 on the BSE on the listing day and have remained locked at upper circuit limits since then
  • The stock is locked at a 10% upper circuit of ₹1,418.50 on the BSE today (September 9), with market capitalisation to ₹16,626.38 Cr ($1.75 Bn)