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ESDS Software Solution Shares Hit Upper Circuit for Third Straight Session
- •ESDS Software Solution shares extended gains for the third consecutive session on Friday, hitting the 5 percent upper circuit limit on the NSE.
- •The stock rose to Rs 1,498.20 per share, marking its maximum permissible trading limit for the session.
- •The recent surge follows a seven-session decline where the stock repeatedly hit the 5 percent lower circuit limit.
- •Founded in 2005, ESDS Software Solution specializes in AI-enabled cloud, managed services, data centre infrastructure and software solutions.
- •The company served over 2,500 customers across BFSI, public sector, and enterprise domains during fiscal 2026.
Key Questions Answered
ESDS Software Solution, incorporated in 2005, provides AI-enabled cloud, managed services, data centre infrastructure, and software solutions. During fiscal 2026, the company served over 2,500 customers across banking, financial services, insurance, public sector entities, and general enterprises.
ESDS Software Solution shares extended their gains for the third consecutive session, hitting the 5 percent upper circuit limit on the NSE at Rs 1,498.20 per share. This recent upward movement followed a seven-session decline where the stock had hit the 5 percent lower circuit limit in each of those sessions.
The initial public offering of ESDS Software Solution was offered in a price band of Rs 408 to 429 per share and was entirely a fresh issue of equity shares aggregating up to Rs 720 crore. On the final day of bidding, the IPO received massive investor interest and was subscribed 135.88 times.
