The dream run in ESDS Software Solutions shares appears to be weakening, with the stock now locked in a 5% lower circuit for a third consecutive session after delivering multifold returns within 7 days of market debut. The sharp reversal comes after a blistering post-listing rally that had quickly made ESDS 2026’s standout IPO performer.
ESDS, an AI-enabled end-to-end IT services provider offering data centre, cloud, colocation, managed services and AI infrastructure solutions, listed at a 76% premium to its issue price of Rs 429 per share.
