“Bearish on ESDS Software Solutions for fresh investors, advising to avoid chasing at current levels and wait for a meaningful correction as valuations have become stretched from ~42x FY26 earnings at IPO to 140–170x now. Allotted investors should book partial profits aggressively (40–60% or more) to lock in returns, retaining a core holding for the longer term, given the high risk of sharp reversals once momentum fades.”