Buy Endurance Technologies Ltd For Target Rs. 2,465 by Motilal Oswal Financial Services Ltd

2025-04-12 02:06:09 pm | Source: Motilal Oswal Financial Services Ltd

Buy Endurance Technologies Ltd For Target Rs. 2,465 by Motilal Oswal Financial Services Ltd

News By Tags | #QuarterlyResult #EnduranceTechnologiesPvtLtd #MotilalOswalFinancialServicesLtd

* We expect India business to grow 9% YoY as we expect it to continue to outperform the underlying 2W industry and due to the benefits from recovery in 2W exports.

* EU business is likely to grow 19% YoY on the back of execution of its order book. Maxwell is likely to continue to ramp up on the back of ramp of its key OEM.

* Overall, we expect consol revenues to post 13% YoY growth.

* Expect EBITDA margin to contract 100bp YoY to 12.9% primarily due to an increase in aluminum prices.

* We expect ENDU to post just 1% YoY growth in PAT due to margin pressure.

For More Research Reports : Click Here

For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Buy Endurance Technologies Ltd For Target Rs. 2,465 by Motilal Oswal Financial Services Ltd

Top News

Tag News

More News