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04 Sep 2025 |
Endurance Tech
|
Consensus Share Price Target
|
2913.60 |
2814.20 |
- |
-3.41 |
buy
|
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20 Jun 2022
|
Endurance Tech
|
Geojit BNP Paribas
|
2913.60
|
1460.00
|
1348.50
(116.06%)
|
Target met |
Buy
|
|
|
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23 May 2022
|
Endurance Tech
|
LKP Securities
|
2913.60
|
1637.00
|
1273.45
(128.80%)
|
|
Buy
|
|
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23 May 2022
|
Endurance Tech
|
Prabhudas Lilladhar
|
2913.60
|
1700.00
|
1249.80
(133.13%)
|
|
Buy
|
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23 May 2022
|
Endurance Tech
|
Axis Direct
|
2913.60
|
1580.00
|
1302.85
(123.63%)
|
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Buy
|
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We maintain a BUY rating on the stock and value it at 27x FY24E P/E to arrive at a target price of Rs 1,580, implying an upside of 27% from CMP.
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21 May 2022
|
Endurance Tech
|
Motilal Oswal
|
2913.60
|
1620.00
|
1302.85
(123.63%)
|
|
Buy
|
|
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15 Mar 2022
|
Endurance Tech
|
Hem Securities
|
2913.60
|
1342.00
|
1208.05
(141.18%)
|
Target met |
Buy
|
|
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Management expects domestic product mix and pass through of commodity prices to improve in coming quarters. Management also expects margins to improve in Q4FY22 led by improvement in product mix and stability in RM prices. Through the acquisition of Veicoli Srl, management expects to expand their innovative solutions offerings in mobility sector in Europe. Apart from infrastructure creation in Aurangabad, company also added...
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15 Feb 2022
|
Endurance Tech
|
Anand Rathi
|
2913.60
|
1696.00
|
1395.60
(108.77%)
|
|
Buy
|
|
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11 Feb 2022
|
Endurance Tech
|
Geojit BNP Paribas
|
2913.60
|
1770.00
|
1423.40
(104.69%)
|
|
Buy
|
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Endurance Technologies Ltd is one of India's leading automotive component manufacturers with operations in India and Europe. It mainly caters to twoand three-wheeler OEMs in India and supplies aluminium casting products to four-wheeler OEMs in Europe. The company operates 16 plants in India,...
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10 Feb 2022
|
Endurance Tech
|
Axis Direct
|
2913.60
|
1750.00
|
1466.50
(98.68%)
|
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Buy
|
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We maintain a BUY rating on the stock and value it at 27x FY24E P/E to arrive at a target price of Rs 1,750/share (Rs 2,000/share earlier), implying an upside of 20% from CMP.
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10 Feb 2022
|
Endurance Tech
|
Prabhudas Lilladhar
|
2913.60
|
1919.00
|
1423.40
(104.69%)
|
|
Buy
|
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impacted by low scale of operations due to chip shortage and declined 19.4%YoY at Euro 47.6mn. However, new business win remained strong for India (Rs 5.9b) and EU (Euro 53.9mn) in 9M. Company also forayed into new products like Drive shaft (commencing supply from May'22) and non-auto casting (new orders ~1b); also won orders from EV worth Rs 1.4b. We believe ENDU will continue to outperform the industry led by i) Addition of new and value added products (ABS, Drive shaft business and nonautomotive castings, clutch and brakes for 200cc+ MC etc.) ii) Ability to add new customers as well as increased penetration with existing customers (PV...
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