ESDS is up 200% from its IPO price in just 3 trading sessions. What’s driving this?
ESDS has gone from an IPO price of ₹429 to ₹1,308 in just 3 trading sessions.
**Is this justified by the fundamentals, or is it mainly listing momentum and FOMO?**
[ESDS: genuine AI\/data-centre opportunity or IPO euphoria?](https://preview.redd.it/onj3pjsqtboh1.png?width=706&format=png&auto=webp&s=51cb100d12859a6f0f5f8c1d3b0c85b457a6a73e)
ESDS has gone from an IPO price of ₹429 to ₹1,308 in just 3 trading sessions.
**Is this justified by the fundamentals, or is it mainly listing momentum and FOMO?**