ESDS shares up 200% in 3 sessions, add ₹4,412 cr to investors' pockets

ESDS Software Solution's shares, which listed at a 76.46% premium over IPO price of ₹429 on Friday, surged 200% in just three sessions after listing. On Tuesday, the stock opened at ₹1,187.95 and rose 20% to its upper circuit of ₹1,289.55. Over the three sessions, its market capitalisation increased from ₹10,496.83 crore to ₹14,909.24 crore, inflating investors' money.