Wednesday 6 March 2019

EnduranceTechnologies jumps 3% on strong OFS response


Shares of Endurance Technologies jumped 3 per cent on Thursday morning after the two-day offer for sale (OFS) by the company witnessed a good response from non-retail investors.

The scrip hovered at Rs 1183.05, up 3.05 per cent at around 09:49 am while the benchmark BSE Sensex was up 0.18 per cent at 36,701.99.

The issue received bids for 2,64,23,121 shares, which was 4.61 times of the base issue size of 57,27,273 shares reserved for the category. Retail investors will bid for the issue on Thursday.

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