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Endurance Tech makes stellar debut on bourses

Shares zoom 37% on listing day

BS Reporter  |  Mumbai 

Endurance Technologies made a stellar debut on the bourses as its shares soared 37 per cent on the listing day. This is the third best debut day performance by any company that listed in 2016. Shares of Endurance closed at Rs 647.70 apiece on the BSE - Rs 175.7 or 37.2 per cent higher than the issue price of Rs 472 a share. The stock listed at Rs 570 apiece - a 21 per cent premium. This share's impressive performance was amid weakness in the broader markets. On Wednesday, the benchmark Sensex closed 0.24 per cent lower. Endurance had tapped primary markets to raise Rs 1,160 crore. The ...

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