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

Riding the bulls since listing last Friday, stock of enterprise cloud and AI company 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 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). On the NSE, the stock was locked at ₹1,438.85 as of 15:07 IST.