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Endurance Technologies Ltd (ENDURANCE)

₹2502.11.2%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Performance

  • Day's Low

    Day's High

    ₹2,440.15
    ₹2,513
  • 52 Week's Low

    52 Week's High

    ₹1,486
    ₹2,520
1 Month Return+ 20.07 %
3 Month Return+ 35.15 %
1 Year Return+ 62.17 %
Previous Close₹2,472.55
Open₹2,479.95
Volume1.54L
Upper Circuit-
Lower Circuit-
Market Cap₹34,779.59Cr

Analyst Rating

based on 12 analysts

HOLD
41.67%
Buy
16.67%
Hold
41.67%
Sell

Based on 12 analysts offering long term price targets for Endurance Technologies Ltd. An average target of ₹2204.75

Source: S&P Global Market Intelligence

Company Information

Endurance Technologies Limited was originally established in 1985 as an aluminum die casting manufacturer. With a wide range of technology-intensive products reaching two, three, and four-wheel OEMs from multiple facilities in India and Europe, it is now the largest aluminum die casting company and two/three-wheel auto component manufacturer in India. In 2016, it entered into a License and Technical Assistance Agreement with BWI North America Inc., USA to jointly develop ABS products for two and three-wheelers; in 2017 it acquired a 7.4 acre of land in Halol, Gujarat, where it planned to set up a plant to manufacture front forks and shock absorbers; in 2018 it received an Eligibility Certificate from the Directorate of Industries, Government of Maharashtra, entitling it to incentives up to Rs 283.11 crore; in 2021 it set up an aluminium LPDC cylinder head, low pressure diecastings plant in Uttarakhand and doubled its disc brake assembly capacity in Waluj, Aurangabad. During 2020-2022, the company engaged in the manufacture of driveshafts, ABS for 150cc plus motorcycles, transmission housings for hybrid applications, suspensions and brakes, and various other products. It has seven subsidiaries as of March 2022 and continues to focus on making available technology-driven products to its customers.

Share Price: ₹2502.10 per share as on 12 Jun, 2024 04:01 PM
Market Capitalisation: ₹34,779.59Cr as of today
Revenue: ₹2,684.78Cr as on March 2024 (Q1 24)
Net Profit: ₹210.15Cr as on March 2024 (Q1 24)
Listing date: 19 Oct, 2016
Chairperson Name: Soumendra Mohan Basu
OrganisationEndurance Technologies Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Endurance Technologies Ltd

  • Endurance Technologies Shares Surge 27% in a Month - 07 Jun, 2024

    Endurance Technologies shares have gained 27% in the last month and are up 59% in the last year. The high P/E ratio of 50x requires further investigation to determine if it's justified, but the company's superior earnings outlook is contributing to its strong performance.

  • Endurance Technologies Posts Strong Financial Results and Increases Dividend - 06 Jun, 2024

    Auto-ancillary company Endurance Technologies reports strong financial results for Q4 FY24, with over 20% growth in consolidated revenue and a surge in PAT. The board also recommends an increased dividend of ₹8.5 per share.

  • Motilal Oswal Recommends BUY Rating for Endurance Technologies - 04 Jun, 2024

    Endurance Technologies reported a strong performance in 4QFY24, outperforming the domestic industry growth. The company has a strong order backlog and continued new order wins both in India and Europe, leading to a 14% increase in FY25E/FY26E EPS. The stock trades at 33x/27x FY25E/FY26E consolidated EPS. Motilal Oswal recommends a BUY rating with a target price of Rs 2515.

  • Endurance Technologies' Subsidiary Acquires Ingenia Automation - 01 Jun, 2024

    Endurance Overseas, a subsidiary of Endurance Technologies, has acquired 100% stake in Ingenia Automation for a consideration not exceeding 3.6 million euros. The acquisition will expand the company's presence in the value chain through backward integration and bolster its skills in industrial automation.

  • Endurance Technologies to Increase Dividend by 21% - 23 May, 2024

    Endurance Technologies has announced a 21% increase in its periodic dividend, taking it to ₹8.50 per share. While the yield is below industry standards, the low payout ratio and strong earnings growth make the dividend sustainable.

  • Endurance Technologies Reports Strong FY 2024 Results - 22 May, 2024

    Endurance Technologies reported a 17% YoY increase in revenue and a 42% YoY increase in net income for FY 2024. The company's profit margin also increased to 6.6%. EPS surpassed analyst estimates by 6.0%. Looking ahead, the company is forecasted to grow at an average rate of 13% p.a. over the next three years. Endurance Technologies' shares are up 3.0% from a week ago.

  • Endurance Technologies Sees Consistent Improvement in Performance Metrics - 21 May, 2024

    India's leading aluminium die-casting company, Endurance Technologies, is experiencing strong top-line growth driven by the recovery of domestic two-wheeler demand. Its Europe business remains stable YoY, and a solid order pipeline ensures earnings clarity. The current price is below long-term average valuation.

  • Endurance Technologies Reports Strong Q4 Results - 20 May, 2024

    Endurance Technologies reports robust Q4FY24 results with significant growth in revenue and EBITDA. Analysts upgrade the stock's rating from HOLD to ACCUMULATE with a target price of Rs 2,346.

  • Endurance Technologies Reports Strong Q4 Results - 17 May, 2024

    Endurance Technologies reports strong Q4FY24 results with net profit jumping 54% YoY, beating expectations on PAT and EBITDA. The company's revenue grew by 20.16% YoY, and it recommended a dividend of Rs 8.50 per equity share. Endurance Technologies also projects significant growth in its order book for the next few years.

  • Endurance Technologies Ltd: Buy Call with 10% Short-Term Return Target - 13 May, 2024

    Technical analysis suggests a strong bullish trend for Endurance Technologies Ltd, with recent breakouts of ascending triangle and Cup & Handle formations accompanied by substantial volume. Consistent adherence to the 200-DMA and trading above significant moving averages further bolsters its attractiveness.

  • Endurance Technologies Ltd gains 6.04% on high trading volume - 10 May, 2024

    Endurance Technologies Ltd saw a surge in trading volume, with 5.23 lakh shares traded on NSE, a 7.47 times increase over the two-week average daily volume of 70,096 shares. The stock gained 6.04% to close at Rs.2,074.15.

Insights on Endurance Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 6 quarters, 2.10K Cr → 2.71K Cr (in ₹), with an average increase of 4.9% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 152.28 Cr → 210.15 Cr (in ₹), with an average increase of 27.5% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, ENDURANCE stock has moved up by 20.1%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 329.6% return, outperforming this stock by 272.9%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 1.77% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 99.2% return, outperforming this stock by 37.1%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.72% to 8.49% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.82% to 7.79% in Mar 2024 quarter

Endurance Technologies Ltd Valuation

Endurance Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (14.39x)

April 22, 2020

Today (51.11x)

June 11, 2024

Industry (62.70x)

June 11, 2024

Highest (54.18x)

February 28, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth1.03%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct0.98%
SBI Magnum Midcap Fund Direct GrowthSBI Magnum Midcap Fund Direct Growth1.25%
Axis Midcap Fund Direct Plan GrowthAxis Midcap Fund Direct Plan Growth0.77%
Franklin India Prima Fund Direct GrowthFranklin India Prima Fund Direct Growth1.41%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
75%
0.00
Foreign Institutions
7.79%
0.00
Mutual Funds
8.49%
0.00
Retail Investors
1.77%
0.00
Others
6.95%
0.00

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Endurance Technologies Ltd (ENDURANCE) share price today is ₹2502.1

Endurance Technologies Ltd is listed on NSE

Endurance Technologies Ltd is listed on BSE

  • Today’s highest price of Endurance Technologies Ltd is ₹2513.
  • Today’s lowest price of Endurance Technologies Ltd is ₹2440.15.

PE Ratio of Endurance Technologies Ltd is 51.11

PE ratio = Endurance Technologies Ltd Market price per share / Endurance Technologies Ltd Earnings per share

Today’s traded volume of Endurance Technologies Ltd(ENDURANCE) is 1.54L.

Today’s market capitalisation of Endurance Technologies Ltd(ENDURANCE) is ₹34779.59Cr.

Endurance Technologies Ltd(ENDURANCEPrice
52 Week High
₹2520
52 Week Low
₹1486

Endurance Technologies Ltd(ENDURANCE) share price is ₹2502.1. It is down -0.71% from its 52 Week High price of ₹2520

Endurance Technologies Ltd(ENDURANCE) share price is ₹2502.1. It is up 68.38% from its 52 Week Low price of ₹1486

Endurance Technologies Ltd(ENDURANCEReturns
1 Day Returns
29.55%
1 Month Returns
20.07%
3 Month Returns
35.15%
1 Year Returns
62.17%