Tuesday, 20 October 2026 · World
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EUROS The World Financial Report
Nº 101 Tuesday, 20 October 2026 · World Edition
Asia

2026’s Best IPO: 325% gain in 7 sessions and now a third consecutive 5% lower circuit. What’s next for investors?

Euros Room · 18 Sep 2026 · 🇮🇳 India
2026’s Best IPO: 325% gain in 7 sessions and now a third consecutive 5% lower circuit. What’s next for investors?

ESDS Software Solutions has surged 325% in seven sessions after listing at a 76% premium, but the rally is now losing steam as the stock hits a third consecutive 5% lower circuit. With valuations stretched, analysts advise fresh investors to avoid chasing the stock and existing holders to consider partial profit booking.

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