Endurance Technologies surges on approving capacity addition for ABS, disc brake systems and brake discs
Endurance Technologies is currently trading at Rs. 2892.20, up by 10.25 points or 0.36% from its previous closing of Rs. 2881.95 on the BSE.
The scrip opened at Rs. 2913.05 and has touched a high and low of Rs. 2927.75 and Rs. 2847.90 respectively. So far 3894 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3029.85 on 01-Jul-2025 and a 52 week low of Rs. 1555.65 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 2927.75 and Rs. 2555.00 respectively. The current market cap of the company is Rs. 40629.06 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 23.08% and 1.92% respectively.
Endurance Technologies has evaluated and approved capacity addition for anti-lock braking system (ABS), disc brake systems and brake discs. Capacity addition is expected to be completed in the fourth quarter of the financial year 2025-26.
This strategic capacity enhancement is being undertaken in view of the higher demand expected for advanced safety products of this nature. New machinery shall be installed primarily for manufacturing aforementioned products at the company’s existing plant situated at MIDC Industrial area, Waluj, Chh. Sambhajinagar.
Endurance Technologies is among one of the largest auto-components companies in India.
