Shares of E2E Networks, ESDS Software Solutions and other artificial intelligence (AI)-related companies fell up to 5 percent on Monday, tracking a sharp sell-off in US technology stocks after the Nasdaq Composite plunged 3 percent in the previous session.
E2E Networks extended its losses, hitting the 5 percent lower circuit for the second consecutive session. ESDS Software Solutions declined more than 3 percent.
E2E Networks and ESDS Software Solutions provide cloud computing and data centre services, which form part of the infrastructure supporting AI applications and computing workloads.
MTAR Technologies also fell up to 5 percent, extending its decline from the previous session. The company supplies precision engineering products to various sectors.
Black Box, which provides technology infrastructure and digital solutions, fell more than 1 percent.