ESDS Software shares hit sixth straight 5% lower circuit
In short
ESDS Software Solutions shares were locked in a sixth straight 5% lower circuit. The report says the stock had once hit ₹1,859.2 after listing, which was more than 4 times its issue price, and then fell in five earlier 5% lower circuits.
This matters because the stock has been under heavy pressure. The report does not say why investors are selling or how far the shares may fall next.
What the reporting says
ESDS Software Solutions shares fell in a sixth straight 5% lower circuit, according to a CNBC TV18 Market summary. The report says the stock had earlier reached a post-listing high of ₹1,859.2, more than 4 times its issue price, and then saw five consecutive 5% lower circuits before the latest move. The available reporting does not explain the selling or give a new closing price.
Why it matters
ESDS Software Solutions shares continued to weaken, with the stock in a sixth straight 5% lower circuit after earlier reaching a post-listing high of ₹1,859.2, more than four times its issue price. The publisher summary gives no reason for the sustained decline and does not provide a broader market or company update beyond the trading pattern.