Choice Institutional Equities ne ab ESDS Software Solutions par coverage start kar di hai. Company ke recent IPO ke baad brokerage ne **₹1,550** ka ambitious target set kiya hai.
Brokerage ka kya hai plan?
Choice Institutional Equities ne ESDS Software Solutions par apna bull case rakhte hue 'Buy' rating di hai aur target price ₹1,550 fix kiya hai. Ye report tab aayi hai jab company ne September 4, 2026 ko stock exchanges par listing complete ki hai.
IPO aur Stock ka safar
ESDS ka IPO ₹429 ke price band par aaya tha, jise QIBs ne 261.51 times subscribe kiya tha. Listing ke din hi stock ne dhamaka kiya aur ₹757 par open hua. Filhal ye ₹908.40 ke aas-paas trade kar raha hai. FY26 mein company ne ₹472.21 Crore ki revenue aur ₹120.82 Crore ka PAT report kiya tha.
Growth ke peeche ka logic
Brokerage ka manna hai ki India ka cloud market tezi se badh raha hai. ESDS ke paas 5 Tier-3 data centers hain aur ye IaaS, SaaS, aur GPU-as-a-Service (GPUaaS) mein focus kar rahe hain. Digital India aur data residency norms ka inko seedha fayda mil raha hai.
In risks ko nazar-andaz na karein
- Client Concentration: Company ka revenue kaafi had tak government aur banking sector par depend karta hai.
- Competition: Global aur domestic players ki wajah se margin par pressure ban sakta hai.
- New Listing: Nayi company hai, isliye stock price mein volatility ki umeed zaroor rakhein. Long-term mein AI aur GPU services ki scalability hi asli game-changer hogi.