ESDS shares fall for 2nd straight day; stock still up 279% from IPO price

ESDS Software Solutions' shares hit the 5% lower circuit for the second consecutive session on Thursday. The stock witnessed intense selling pressure as investors rushed to book profits after its sharp rise following a bumper listing. However, the stock was still trading 279% higher than its IPO price of ₹429 and 117% higher than its listing price of ₹757.