Economy · India
ESDS Software Shares Surge Post-IPO
ESDS Software shares have experienced a significant rally since their stock market debut. The shares rose by 16.21% to Rs 1,266 on their third trading day, reaching nearly 195% above their Initial Public Offering (IPO) price of Rs 429. The company's IPO was subscribed 136 times. ESDS Software Solutions made its debut on Friday, listing at Rs 757 on the NSE, a premium of 76.46% over the issue price. The company plans to invest heavily in cloud and data-centre infrastructure.
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- Centre (2): Business Today, The Economic Times