2026’s Best IPO: 325% gain in 7 sessions and now a third consecutive 5% lower circuit. What’s next for investors?
Indian markets moved higher in an ipo & listings development.
· ET Stocks, Economic Times Markets
ESDS Software Solutions has surged 325% in seven sessions after listing at a 76% premium, but the rally is now losing steam as the stock hits a third consecutive 5% lower circuit. With valuations stretched, analysts advise fresh investors to avoid chasing the stock and existing holders to consider partial profit booking.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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