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Endurance Technologies gains on acquiring additional stake in Maxwell Energy Systems Endurance Technologies is currently trading at Rs. 1708.40, up by 8.95 points or 0.53% from its previous closing of Rs. 1699.45 on the BSE. The scrip opened at Rs. 1704.85 and has touched a high and low of Rs. 1714.30 and Rs. 1696.90 respectively. So far 147 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1738.35 on 17-Jul-2023 and a 52 week low of Rs. 1171.60 on 28-Mar-2023. Last one week high and low of the s...
Endurance Technologies gains on acquiring additional stake in Maxwell Energy Systems
Endurance Technologies gains on acquiring additional stake in Maxwell Energy Systems
Source: Accord Fintech
18/07/2023 10:30:58 AM
Buy Endurance Technologies Ltd For Target Rs 1,665 - Yes Securities Valuation and View – Healthy order wins to help drive outperformance Endurance (ENDU) 4QFY23 consol results were better-than-expected as margins in Europe business at 17.8% (vs 12.6% YoY) outpaced our estimates while margins in S/A at 11.9% (+80bp QoQ, est ~12%) were in-line. Europe margins recovery was led by falling energy prices, and energy cost related compensation from government (Italian government) and customers. New order wins of Rs9.35b/EUR84m in FY23 (v/s Rs8.8b/EUR67.4m in...
Buy Endurance Technologies Ltd For Target Rs 1,665 - Yes Securities
Buy Endurance Technologies Ltd For Target Rs 1,665 - Yes Securities
Source: Yes Securities Ltd
2/06/2023 2:26:32 PM
Buy Endurance Technologies Ltd For Target Rs 1,712 - LKP Securities Ltd Endurance Technologies (Endu) reported consolidated revenues of ?22.3 bn, up 6.6% qoq and 7.5% yoy. EBITDA margins came in at 11.9% in domestic business while European margins jumped to 15.4% aided by good order execution, Italian government incentives and operating leverage. The EBITDA margins at the domestic level were up 80 bps yoy as the positive impact of RM cost was seen in the quarter and also due to firmness in the domestic 2W volumes. Consol PAT grew flattish yoy at ?1.364, while EBI...
Buy Endurance Technologies Ltd For Target Rs 1,712 - LKP Securities Ltd
Buy Endurance Technologies Ltd For Target Rs 1,712 - LKP Securities Ltd
Source: LKP Securities Ltd
21/05/2023 11:18:07 AM
Buy Endurance Technologies Ltd For Target Rs 1,763 - Yes Securities Focus on backward integration continues    Valuation and View – Healthy order wins to help drive outperformance Endurance (ENDU) 3QFY23 consol results were in?line as better?than?expected margins in Europe business at 12.4% (+450bp QoQ, est 12.4%) was lower margins in S/A at 11.1% (+30bp QoQ, est 11.5%). Europe margins recovery was led by falling energy prices, and energy cost related compensation from government (Italian government) and customers (~60% recovery of ...
Buy Endurance Technologies Ltd For Target Rs 1,763 - Yes Securities
Buy Endurance Technologies Ltd For Target Rs 1,763 - Yes Securities
Source: Yes Securities Ltd
7/03/2023 11:37:16 AM
Buy Endurance Technologies Ltd For Target Rs 1,700 - Anand Rathi Share and Stock Brokers Consistent improvement in OB, EV play improving; maintaining a Buy For Endurance Technologies, strong top line performance is attributable to consistent improvement in the two wheeler segment on a yearly basis. The company continues to build its order book toward IC and EV applications. It commenced supplies to a new EV OEM for BMS, which was recently developed through its Maxwell acquisition. With the expected revival in two-wheeler offtake, we expect growth. Accordingly, we maintain a Bu...
Buy Endurance Technologies Ltd For Target Rs 1,700 - Anand Rathi Share and Stock Brokers
Buy Endurance Technologies Ltd For Target Rs 1,700 - Anand Rathi Share and Stock Brokers
Source: Anand Rathi Share and Stock Brokers
17/02/2023 3:21:33 PM
Buy Endurance Technologies Ltd For Target Rs 1,709 - Yes Securities Valuation and View Endurance (ENDU) 2QFY23 reported numbers are not comparable YoY/QoQ due to consolidation of Maxwell Energy’s financials. Despite, we note consol 2QFY23 results were a mixed as S/A performance came in line with estimates across parameters. However, European business (adjusted for Maxwell in consol) remained weak significantly impacted by steep energy cost inflation (impact of Eur1.9m in 2QFY23 and Eur3.6m in 1HFY23). New order wins of Rs6.9b/Eur25m in SA/Europe is h...
Buy Endurance Technologies Ltd For Target Rs 1,709 - Yes Securities
Buy Endurance Technologies Ltd For Target Rs 1,709 - Yes Securities
Source: Yes Securities Ltd
5/01/2023 2:40:47 PM
Buy Endurance Technologies Ltd For Target Rs 1,680 - Motilal Oswal Financial Services Inline; India business recovers New order wins combined with recovery in EU * 2QFY23 consolidated performance was led by recovery in India operations, which was diluted by weakness in the EU operations and consolidation of Maxwell Energy. While ENDU has been winning new orders both in the India and EU markets, the recent acquisition of Maxwell opened up new opportunities in the electronic business (BMS, telematics etc.) for EVs. * We have maintained our FY23 EPS estimates, but raise ...
Buy Endurance Technologies Ltd For Target Rs 1,680 - Motilal Oswal Financial Services
Buy Endurance Technologies Ltd For Target Rs 1,680 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
22/11/2022 12:59:07 PM
Endurance Technologies Pvt Ltd : Robust order book, customers acquired; maintaining a Buy - Anand Rathi Share and Stock Brokers Robust order book, customers acquired; maintaining a Buy For Target Rs.1,868  In Q2, Endurance Technologies continued to build on its strong or der book. It added high-volume customers in EVs while commencing sales of a new highmargin product in transmission. The recent Maxwell acquisition continues to grow the share of business with new order wins. Overall, two-wheeler growth is expected to be strong, continuing from the good festival period. This augurs well for long-term ...
Endurance Technologies Pvt Ltd : Robust order book, customers acquired; maintaining a Buy - Anand Rathi Share and Stock Brokers
Endurance Technologies Pvt Ltd : Robust order book, customers acquired; maintaining a Buy - Anand Rathi Share and Stock Brokers
Source: Anand Rathi Share and Stock Brokers Ltd
10/11/2022 1:04:50 PM
Buy Endurance Technologies Ltd For Target Rs.1,773 - Yes Securities Cost headwinds denting profitability Valuation and View Led by continued cost headwinds both in S/A and Europe, Endurance’s (ENDU) 1QFY23 results were weak on all fronts. EBITDA margins continued to be under pressure as it contracted -280bp/-210bp YoY/QoQ, as S/A margins fell 200bp/330bp YoY/QoQ while Europe margins fell 350bp YoY (expanded 170bp QoQ). New order wins of Rs4.8b/Eur14.3m in S/A/Europe in 1QFY23 (v/s Rs7.5b/Eur71m in FY22) is key positive with EV now accounting for ~...
Buy Endurance Technologies Ltd For Target Rs.1,773 - Yes Securities
Buy Endurance Technologies Ltd For Target Rs.1,773 - Yes Securities
Source: Yes Securities Ltd
13/08/2022 12:35:18 PM
Buy Endurance Technologies Ltd For Target Rs 1,431 - Motilal Oswal Below our estimate; big miss in India due to weaker mix, EU in line * Consolidated revenue grew 25% YoY to INR21.1b (est. INR20.4b) in 1QFY23. EBITDA/adjusted PAT declined by 2%/8% YoY to INR2.4b/INR1.1b (est. INR2.8b/INR1.4b) * India business: Revenue grew 40% YoY to INR16.2b (est. INR15.2b), as against a production growth of ~38% YoY in the underlying 2W industry in 1QFY23. EBITDA margin fell 260bp YoY and 190bp QoQ to 10.8% (est. 14%), impacted by higher RM cost, weaker mix...
Buy Endurance Technologies Ltd For Target Rs 1,431 - Motilal Oswal
Buy Endurance Technologies Ltd For Target Rs 1,431 - Motilal Oswal
Source: Motilal Oswal Financial Services
11/08/2022 5:37:45 PM
Endurance Technologies rises on the bourses Endurance Technologies is currently trading at Rs. 1453.15, up by 9.80 points or 0.68% from its previous closing of Rs. 1443.35 on the BSE. The scrip opened at Rs. 1444.50 and has touched a high and low of Rs. 1456.50 and Rs. 1422.30 respectively. So far 3336 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1980.95 on 08-Nov-2021 and a 52 week low of Rs. 1047.65 on 29-Mar-2022. Last one week high and low of the ...
Endurance Technologies rises on the bourses
Endurance Technologies rises on the bourses
Source: Accord Fintech
5/07/2022 3:31:10 PM
Endurance Technologies surges on picking up 51% stake of Maxwell Endurance Technologies is currently trading at Rs. 1425.00, up by 12.95 points or 0.92% from its previous closing of Rs. 1412.05 on the BSE. The scrip opened at Rs. 1430.00 and has touched a high and low of Rs. 1431.50 and Rs. 1415.45 respectively. So far 2107 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1980.95 on 08-Nov-2021 and a 52 week low of Rs. 1047.65 on 29-Mar-2022. Last one week high and low of the...
Endurance Technologies surges on picking up 51% stake of Maxwell
Endurance Technologies surges on picking up 51% stake of Maxwell
Source: Accord Fintech
4/07/2022 11:45:03 AM
Buy Endurance Technologies Ltd For Target Rs.1,745 - Religare Broking Outperformance to continue Endurance Technologies is a complete solutions provider for aluminum die-casting, suspension, braking systems and transmission products. It is a Tier 1 supplier to leading Indian and global brands in two, three and four-wheeler vehicles. It derives 71% of its revenues from its India business whereas 29% comes from Europe. In terms of the end market, the company garners 56% of its revenue from the two-wheeler segment, 32% from the 4-wheeler segment and 12% from 3...
Buy Endurance Technologies Ltd For Target Rs.1,745 - Religare Broking
Buy Endurance Technologies Ltd For Target Rs.1,745 - Religare Broking
Source: Religare Broking Ltd
27/06/2022 11:36:09 AM
Buy Endurance Technologies Ltd For Target Rs.1,550 - Yes Securities Valuations correction provides comfort   Valuation and View Endurance’s (ENDU) 4QFY22 result was significantly above our/street estimates as consol margins expanded 140bp QoQ at 12.2% (est at 8.8%). This was driven by healthy operating performance at both S/A (+160bp QoQ to 12.4%) and Europe (+210bp QoQ to derived 11.5%). Besides most of its products being EV agnostic, ENDU has up its ante in EV specific products (BMS) with acquisition of 51% stake in Maxwell Energy for ...
Buy Endurance Technologies Ltd For Target Rs.1,550 - Yes Securities
Buy Endurance Technologies Ltd For Target Rs.1,550 - Yes Securities
Source: Yes Securities Ltd
23/05/2022 12:54:23 PM
Endurance Technologies Q4 net profit down 17.53% at Rs 114.73 cr The company reported standalone net profit of Rs 114.73 crore for the quarter ended March 31, 2022 as compared to Rs 139.11 crore in the same period last year, registering a year-on-year decline of 17.53 per cent. Net revenue of the company declined marginally by 2.78 per cent at Rs 1,554.42 crore in January-March quarter of this fiscal as against Rs 1,598.85 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 0.33 per cent to Rs 1,357.6...
Endurance Technologies Q4 net profit down 17.53% at Rs 114.73 cr
Endurance Technologies Q4 net profit down 17.53% at Rs 114.73 cr
Source: Dion Global Solutions Ltd
20/05/2022 10:48:37 AM
Mid Cap : Buy Endurance Technologies Ltd For Target Rs.1,770 - Geojit Financial Margins impacted, Outlook promising 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, 9 plants overseas and 4 R&D sites. * Q3FY22 consolidated revenue remained flat sequentially at Rs. 1,889cr (-7.4% YoY), owing to lower automobile indust...
Mid Cap : Buy Endurance Technologies Ltd For Target Rs.1,770 - Geojit Financial
Mid Cap : Buy Endurance Technologies Ltd For Target Rs.1,770 - Geojit Financial
Source: Geojit Financial Services Ltd
12/02/2022 10:05:16 AM
Buy Endurance Technologies Ltd : India to grow faster than industry; EU outlook remains positive - Motilal Oswal Buy Endurance Technologies Ltd For Target Rs.1,950 Above est; strong beat in India business drives performance India to grow faster than industry; EU outlook remains positive * Endurance Technologies (ENDU) posted a strong beat in the India business in 1QFY22. While the EU business remains strong, its outperformance of India in the underlying 2W industry would continue on the back of (a) a content increase, (b) the mining of recently added customers, and (c) ABS supplies from 3QFY22....
Buy Endurance Technologies Ltd : India to grow faster than industry; EU outlook remains positive - Motilal Oswal
Buy Endurance Technologies Ltd : India to grow faster than industry; EU outlook remains positive - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
30/09/2021 10:25:31 AM
Buy Endurance Technologies Ltd For Target Rs. 1,745 - Religare Broking Outperformance to continue Endurance Technologies is a complete solutions provider for aluminum die-casting, suspension, braking systems and transmission products. It is a Tier 1 supplier to leading Indian and global brands in two, three and four-wheeler vehicles. It derives 71% of its revenues from its India business whereas 29% comes from Europe. In terms of the end market, the company garners 56% of its revenue from the two-wheeler segment, 32% from the 4-wheeler segment and 12% from 3-...
Buy Endurance Technologies Ltd For Target Rs. 1,745 - Religare Broking
Buy Endurance Technologies Ltd For Target Rs. 1,745 - Religare Broking
Source: Religare Broking
2/08/2021 11:20:19 AM
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motilal Oswal Above est.; strong all-round performance in both businesses EU outlook remains positive; near-term COVID challenges in India * Endurance Technologies (ENDU) reported a strong all-round beat in 4QFY21, with both businesses surprising with their performances. While business recovery in the EU continues strongly, the India business is seeing the impact of the second COVID wave. ENDU’s outperformance of the underlying 2W industry would continue on the back of a content increase, the mini...
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motilal Oswal
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
14/06/2021 10:02:17 AM
Endurance Technologies Q4 net profit jumps 93.61% at Rs 139.11 cr The company reported standalone net profit of Rs 139.11 crore for the quarter ended March 31, 2021 as compared to Rs 71.85 crore in the same period last year, registering a year-on-year growth of 93.61 per cent. Net revenue of the company rose substantially by 42.20 per cent at Rs 1,598.85 crore in January-March quarter of this fiscal as against Rs 1,124.39 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 37.85 per cent to Rs 1,362....
Endurance Technologies Q4 net profit jumps 93.61% at Rs 139.11 cr
Endurance Technologies Q4 net profit jumps 93.61% at Rs 139.11 cr
Source: Dion Global Solutions Ltd
20/05/2021 11:29:39 AM
Buy Endurance Technologies Ltd For Target Rs.1,680 - HDFC Securities Import substitution to drive outperformance 3Q revenues (+24% YoY/15% QoQ) and margins at 17.3% were above estimates as the parts supplier continues to grow ahead of industry, driven by new order wins. Further margins from the castings segment are scaling up due to increased share of machining and addition of 4W customers (Kia). New order wins stand at Rs.4.4b in FY21YTD (~10% of current sales) and the company has RFQs of Rs.11.5bn (of which at least 1/3rd should be converted) as Endu...
Buy Endurance Technologies Ltd For Target Rs.1,680 - HDFC Securities
Buy Endurance Technologies Ltd For Target Rs.1,680 - HDFC Securities
Source: HDFC Securities Ltd
16/03/2021 12:20:07 PM
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motial Oswal Best proxy for the Indian 2W industry EVs not a material threat | On the right side of OEMs and tech on PVs After a slow recovery post lifting of COVID-related restrictions, we believe that the underlying demand drivers for 2Ws are still intact and expect 2W demand to return to 6-8% CAGR over the next five years. We prefer ENDU over 2W OEMs as the best way to play the 2W industry, given that the company has a strong positioning with all OEMs and is the beneficiary of the underlying tre...
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motial Oswal
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motial Oswal
Source: Motilal Oswal Financial Services Ltd
5/03/2021 2:58:26 PM
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motilal Oswal Above est.; strong all-round performance in both businesses India outlook remains positive; EU near-term challenges due to COVID * Endurance Technologies (ENDU) reported a strong all-round beat in 3QFY21, with contribution from both businesses. While recovery in the India business continues to be strong, the EU business is seeing the impact of a second wave of COVID. ENDU’s outperformance of the underlying 2W industry would continue on the back of a content increase and the mini...
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motilal Oswal
Buy Endurance Technologies Ltd For Target Rs.1,750 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
1/03/2021 11:46:56 AM
Buy Endurance Technologies Ltd For Target Rs. 1,680 - HDFC Securities Import substitution to drive outperformance 3Q revenues (+24% YoY/15% QoQ) and margins at 17.3% were above estimates as the parts supplier continues to grow ahead of industry, driven by new order wins. Further margins from the castings segment are scaling up due to increased share of machining and addition of 4W customers (Kia). New order wins stand at Rs.4.4b in FY21YTD (~10% of current sales) and the company has RFQs of Rs.11.5bn (of which at least 1/3rd should be converted) as Endurance...
Buy Endurance Technologies Ltd For Target Rs. 1,680 - HDFC Securities
Buy Endurance Technologies Ltd For Target Rs. 1,680 - HDFC Securities
Source: HDFC Securities Ltd
27/02/2021 10:25:45 AM
Momentum Pick - Endurance Technologies Ltd For Target Rs. 1480 - HDFC Securities Momentum Pick - Endurance Technologies Ltd For Target Rs. 1480 - HDFC Securities  After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce. Today’s upmove could be considered as an upside breakout of the narrow range movement/immediate resistance. The short term trend seems to have turned positive. We observe a formation of positive candlestick pattern as per intraday/daily/weekly timeframe chart. Volume has s...
Momentum Pick - Endurance Technologies Ltd For Target Rs. 1480 - HDFC Securities
Momentum Pick - Endurance Technologies Ltd For Target Rs. 1480 - HDFC Securities
Source: HDFC Securities
24/02/2021 2:46:08 PM