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Explosive Gains! ESDS Software shares skyrocket 195% from IPO price in 3 sessions

ESDS Software shares extended their post-listing rally for a third session, rising 16.21% to Rs 1,266, nearly 195% above the IPO price of Rs 429. The surge follows a 136-times subscribed IPO, improved financial performance and plans to invest heavily in cloud and data-centre infrastructure.

ESDS Software Solution shares experienced explosive gains, skyrocketing 195% from their IPO price within just three trading sessions. The company's stock opened at Rs 429 during the IPO, with a premium of 76.5% over the issue price. The stock's impressive performance continued in its first three sessions, reaching Rs 1,266.70 and completing a third consecutive day of gains.

Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

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