India, Sept. 10 -- The seemingly unstoppable rally in ESDS Software Solution continued today, with the stock hitting the upper circuit for the fifth consecutive trading session since making its market debut last week.

Shares of the enterprise cloud and AI company jumped 10% to touch the upper circuit of Rs.1,582.70 on the NSE. The stock opened at Rs.1,520 apiece and fell to an intraday low of Rs.1,330 before recovering sharply.

On the BSE, ESDS shares climbed 10% to hit the upper circuit of Rs.1,560.35. The stock opened at Rs.1,525 and also touched an intraday low of Rs.1,330. The rally took the company's market capitalisation to Rs.18,289 Cr (about $1.9 Bn) on the exchange.

At its NSE price, ESDS is now trading 268.9% above its IPO is...