Analyst recommended staying on the sidelines on ESDS despite a 4x rally, citing stretched valuations

Thu 1 Oct 2026

Stock rally

4x

Heard on Live TV News Channel between 11:02:36 - 11:05:36 IST.

• ESDS rallied 4x in a matter of days with lower circuits continuing as numbers started showing up.
• Analyst Sunny Agarwal said he would remain on the sidelines, as most of the upside is already priced in.
• He said opportunity size is humongous but valuations are not comfortable at current levels.
• He preferred to play the data center/semiconductor theme through power-related stocks instead.

The call above is Sunny Agarwal, SBI Securities's, reported here as they made it. Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.