{"id":288862,"date":"2026-10-06T10:30:48","date_gmt":"2026-10-06T05:00:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=288862"},"modified":"2026-10-06T10:30:48","modified_gmt":"2026-10-06T05:00:48","slug":"esds-lower-circuit-seventh-day-lock-in-expiry-asm-choice-sell","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/esds-lower-circuit-seventh-day-lock-in-expiry-asm-choice-sell\/","title":{"rendered":"ESDS Lower Circuit for the Seventh Straight Day: Why ESDS Software Solution Shares Have Fallen About 30% From Their High After Lock-In Expiry, Weak Q1 Numbers, ASM Surveillance and a Sell Rating"},"content":{"rendered":"

ESDS 5% lower circuit for 7th session, about Rs 1,292 (my calc), down 31% from Rs 1,864.35 high. 4 circuits = 18.55%. IPO price Rs 429.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

ESDS lower circuit hit a seventh straight session on 6 October, with ESDS Software Solution shares falling 5% again to about Rs 1,292, which is roughly 31% below the 52-week high of Rs 1,864.35 set on 24 September but still about 200% above the Rs 429 IPO price. Four consecutive 5% falls add up to the 18.55% decline cited in reports, and seven in a row come to about 30%. The selling follows the expiry of the anchor lock-in on 2 October that freed about 25.17 lakh shares, a sharp sequential drop in Q1 profit, the stock’s entry into the long-term ASM surveillance framework and Choice Institutional Equities’ Sell rating with a Rs 1,550 target. With sell orders queued at the lower circuit, holders face a liquidity trap, and the next lock-in expiry on 1 December is another supply event to watch.<\/p>\n<\/p><\/div>\n

ESDS lower circuit continued on Tuesday, 6 October, as ESDS Software Solution shares fell 5% for the seventh straight session, extending a slide that began after the company’s Q1 results. The stock closed at Rs 1,360.15 on 5 October, so a further 5% fall puts it near Rs 1,292, my calculation.<\/p>\n

If you own the stock, this article covers why the shares keep hitting the lower circuit from the Rs 1,864.35 high, the anchor lock-in expiry, the Q1 FY27 numbers and the Sharon AI delay, the ASM framework, the Choice Sell rating and Rs 1,550 target, the maths of consecutive circuits, the Rs 429 IPO price, liquidity risk, the 1 December unlock, what the stock still offers on a longer view and the risks. Prices are exchange figures, and the day’s close may differ, so recheck live data.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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