ESDS Software Solution shares hit lower circuit for seventh day | Key triggers behind the sell-off
New Delhi, Oct. 6 -- ESDS Software Solution share price touched the 5% lower circuit for the seventh consecutive session on Tuesday, 6 October, extending the stock's recent decline. The company's one-month shareholder lock-in period ended on Monday, making around 3 million shares, or 2% of its total outstanding shares, eligible for trading.
However, the expiry of the lock-in period does not mean that these shares will necessarily be sold in the open market. It only makes the locked-in shares eligible for trading.
The stock has fallen 18.55% in the past week and 24.15% over the past two weeks, while it has risen 44.29% in the last one month.
ESDS Software Solution share price today was locked at Rs.1,292.15 apiece on the BSE.
ESDS Soft...
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