Emudhra (EMUDHRA.NS) – Market Performance and Recent Developments
Trading Summary
- Closing price at 10:32 PM CET on Thursday 22 Oct 2026: INR 345.6.
- 24‑hour change: –2.85 %.
- 30‑day change (since end of last month): –18.43 %.
- Current market capitalisation: INR 35.4 billion.
- Shares outstanding: 82 million.
- 24‑hour trading volume: INR 104.4 million.
- 200‑day simple moving average: INR 498.64.
- 52‑week high: INR 681.6 (22 Sep 2026).
- 52‑week low: INR 364.55 (30 Mar 2026).
Recent Security Incident A security researcher reported that eight intermediate certificates issued by Emudhra were created with weak cryptographic keys during a key‑generation ceremony in April 2025.
- The flaw allowed key recovery with minimal effort.
- Major browser vendors (Google, Mozilla, Apple, Microsoft) revoked trust in the affected certificates.
- Emudhra states that its infrastructure remained uncompromised and that no customer data was breached.
- Digital signature and eSign services in India continue to operate normally.
- The global TLS business, which represents a small portion of revenue, is undergoing a certificate replacement process that is expected to take several days.
- The Ministry of Electronics and Information Technology has established a special investigative team and Emudhra is cooperating with browser root programmes and security agencies.
Related Stock Performance (Last 24 Hours)
| Symbol | 24‑Hour Change | Current Price (INR) | Market Capitalisation (INR bn) | P/E Ratio |
|---|---|---|---|---|
| SMSPHARMA.NS | –3.52 % | 428.65 | 42.2 | 37.99 |
| ASHAPURMIN.NS | –4.18 % | 432.70 | 41.7 | 10.30 |
| 63MOONS.NS | –0.76 % | 867.25 | 41.7 | – |
| MPSLTD.NS | –5.23 % | 2,313.80 | 41.6 | 21.16 |
| GVPIL.NS | –3.76 % | 608.90 | 41.8 | 11.92 |
Key Takeaways
- Emudhra’s share price declined modestly in the last 24 hours amid a broader decline in the past month.
- The recent certificate key‑generation issue has prompted browser trust revocations but has not impacted core digital signature services or exposed customer data.
- The company is actively replacing affected certificates and collaborating with regulatory and security bodies.
- Comparable Indian market stocks also experienced declines, indicating a broader market sell‑off.
