Endurance Technologies share price jumps over 14% on robust Q4 results. Time to buy, sell or hold?

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₹210.2 crore from ₹136.5 crore, as per the exchange filing. Endurance Technologies consolidated total income rose by 20% year over year to ₹2,711.3 crore from ₹2,255.2 crore. Endurance Technologies share price today opened at ₹2,202.25 on BSE, the stock touched an intraday high of ₹2,317.55 and an intraday low of ₹2,166.45.

According to Ruchit Jain, lead research analyst at 5paisa, Endurance Technologies share price has been forming a higher top higher bottom structure and hence the trend remains positive. For short term, the stock has support around ₹2,000-2,100. Traders with existing positions can continue to ride this trend while any dips towards the support zone could be seen as a buying opportunity.

Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One said that Endurance Technologies share price has seen strong gap up opening with strong volumes and is already up 10% despite coming off from the morning highs. The view remains positive and the bullish gap around ₹2,050 - 2,150 to act s support whereas ₹2,500 is next key resistance. Any dip would be buying opportunity.

As per the exchange filing, the firm reported a consolidated PAT of ₹680.5 crore for the full year FY2024, which was 41.9% higher than the previous year. Consolidated total income for the year, including other income, rose from ₹8,849.5 crore to ₹10,326.5 crore, a 16.7% YoY increase. Consolidated EBITDA margin for the full year FY2024 was 13.7%, up from 12.2% the previous year, with margin growth in both the Europe and standalone businesses.