Endurance Technologies Ltd.

NSE: ENDURANCE | BSE: 540153 | ISIN: INE913H01037 | Industry: Auto Parts & Equipment
| Mid-range Performer
1949.6000 -6.00 (-0.31%)
NSE Apr 24, 2025 15:31 PM
Volume: 237.1K
 

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Endurance Technologies Ltd.
05 Oct 2016
1949.60
-0.31%
buy
by Phillip Capital
Phillip Capital
dominating position in the 2W casting segment with a 33% market share and holds 14%/22% share in 2W braking & transmission/suspension segments. It generates 70% revenues from India (mainly 2Ws) and 30% through its European subsidiaries (PVs). We recommendsubscribingtotheissuedespiteloftyvaluations,aswelikeitsbusinessmodel coupled with the scarcity premium for quality companies to play the segmental opportunities it offers. We see strong structural growth potential led by high exposure to segments that are primed to benefit from changing consumer preferences and regulatory changesleadingtohighercontentpervehicleandrecoveryin2Windustrysales.Asperour...
 
Endurance Technologies Ltd. is trading above its 50 day SMA of 1893.5
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