New Delhi, Sept. 17 -- ESDS Software Solutions share price continued its downward trajectory, hitting 5% lower circuit for second consecutive session on Thursday, 17 September. The stock opened at Rs.1,646.85 today, as compared to previous close of Rs.1,733.50 on Wednesday.

The stock witnessed intense selling pressure as investors rushed to book profits after rising sharply after bumper listing. However, the stock is still trading 117% higher from its listing price of Rs.757.

ESDS Software Solution shares made their debut on the NSE at Rs.757 apiece earlier this month, marking a 76.46% premium over the issue price. The company's Rs.720-crore IPO was offered in the price band of Rs.408-429 per share.

The stock had hit back-to-back upper...