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The Economic Times

Business

Debaroti Adhikary

ESDS Software shares skyrocket 112% from IPO price as stock soars 20% after bumper debut. Should you buy, sell or wait?

ESDS ESDS Software ESDS Software Solution IPO

Shares of ESDS Software Solution surged 20% on Thursday after a blockbuster stock market debut, with the stock more than doubling from its IPO price within minutes of listing.

ESDS Software Solution shares listed at Rs 757 apiece on the NSE, a 76.5% premium over the IPO price of Rs 429. The stock extended its gains immediately after listing, hitting the 20% upper circuit at Rs 908.40, up 111.5% from the issue price.

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One subscription that gives you access to news from hundreds of sites

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