Company: Endurance Technologies Ltd

Shares of the company fell 20% yesterday after the board announced plans to foray into tyre manufacturing, which investors expressed their reservations about.
Aug. 9, 2019, 9:36 a.m.

Company Brief: Endurance Technologies is an auto-component manufacturer whose product profile consists mainly of four categories: Aluminium Die-castings, Suspensions, Transmissions, Braking systems It was started in 1985 by Anurang Jain, nephew of Rahul Bajaj. Initially, it was supplying Aluminium Die-castings to Bajaj Auto and later it ventured into the remaining three categories which have higher margins.
June 2, 2019, 5:50 a.m.

Shares of Endurance Technologies rose 2%, while those of Nestle India gained 1% after announcing respective March quarterly results.
May 15, 2019, 11:14 a.m.

Endurance Technologies (Endurance) is one of the biggest suppliers of components to 2-wheelers and 3-wheelers in India, having core-competence in aluminium casting, transmission and suspension products.
April 15, 2019, 1:07 p.m.
Author : LKP Research | Publisher:

Anurag Jain plans to sell 63.63 lakh shares with an option to additionally sell 41.89 lakh shares (in case of oversubscription).
March 6, 2019, 8:55 a.m.

Net Sales are expected to increase by 19.1 percent Y-o-Y (down 2.8 percent Q-o-Q) to Rs. 1,882.3 crore, according to Motilal Oswal.
Jan. 9, 2019, 12:13 p.m.

Earning per share (EPS) of the company for the earnings for FY19E and FY2OE is seen at Rs. 36.33 and Rs. 43.03 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 13% and 22% over 2018 to 202GB respectively.
Nov. 10, 2018, 1:05 p.m.

During Q2FY19, ETL’s consolidated sales increased by 23.2% YoY to Rs19.4bn. Its EBITDA margins however declined by 15bps YoY to 14.4%.
Nov. 5, 2018, 11:29 a.m.

Endurance Technologies (ETL) is the largest Aluminum Die-Casting Company and among the top three Auto Ancillary companies in India.
Oct. 29, 2018, 11:26 a.m.

Net Sales are expected to increase by 13.1 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 1,832.4 crore, according to Motilal Oswal.
Oct. 9, 2018, 4:56 p.m.