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ESDS Software shares extend post-listing rally, hit 10% upper circuit; Maithan Alloys acquires 0.65% stake

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: ESDS Software shares extend post-listing rally, hit 10% upper circuit; Maithan Alloys acquires 0.65% stake
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Market & Financial Impact: Maithan Alloys, a ferroalloy manufacturer and exporter, also owns a 0.17 percent stake in NSE.
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Shares of ESDS Software Solution continued their post-listing rally on Friday, hitting the 10 percent upper circuit limit.

The stock settled at Rs 1,740.40 per share on the NSE, up 10 percent.

Meanwhile, Maithan Alloys said it has acquired a 0.65 percent stake in ESDS Software Solution for Rs 113 crore.

The manufacturing company bought 7,60,548 equity shares through open market transactions to generate capital gains over the short-term or long-term, according to an exchange filing.

For the financial year 2025-26, ESDS Software reported a turnover of Rs 378 crore, compared with Rs 357 crore in FY25.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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