ESDS share price: Newly listed stock doubles IPO investors' money | Is more steam left?
New Delhi, Oct. 1 -- ESDS share price has more than tripled from its IPO price since making its stock market debut on 4 September, delivering a return of 234.3% to investors who subscribed to the issue.
The stock has climbed from its IPO price of Rs.429 to the current market price of Rs.1,434.10, marking a gain of Rs.1,005.10 per share, or around 234.3%.
ESDS shares have also surged more than 89% from their listing price of Rs.757. The stock debuted at a premium of 76.46% on the NSE and 74% on the BSE, where it listed at Rs.746.30.
The strong performance comes amid robust investor interest in ESDS's business, which operates across cloud computing, managed services, data-centre infrastructure and software solutions.
"ESDS shows that a ...
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