ESDS Software Solutions shares fell sharply on Thursday after surging 235% from their IPO price in four sessions. While strong demand for cloud, AI infrastructure, cybersecurity and digitalisation supports the companys long-term prospects, analysts warn of near-term profit-taking, execution risks and stretched valuations after the stocks sharp post-listing rally.

Choice Broking initiates coverage on ESDS Software with a 'Buy' rating and a target price of ₹1,550.

A recent IPO listing significantly boosted the Motilal Oswal Digital India Fund's net asset value. ESDS Software's stock more than doubled on its market debut, contributing to the…

ESDS Software shares extended their post-listing rally for a third session, rising 16.21% to Rs 1,266, nearly 195% above the IPO price of Rs 429. The surge follows a 136-times…