Buy Endurance Technologies, target price Rs 2000: Motilal Oswal
Endurance Technologies Ltd. with a target price of Rs 2000.
The current market price of Endurance Technologies is Rs 1881.85.
Endurance Technologies Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 26529.01 Crore) operating in Auto Ancillaries sector.
Endurance Technologies Ltd.
key Products/Revenue Segments include Shock Absorbers, Aluminium & Die Casting, Brake Discs, Alloy Wheels, Others, Clutch Assembly (Parts), Components & Spares, Other Operating Revenue, Scrap, Job Work, Export Incentives, Power Generation for the year ending 31-Mar-2023.
Financials For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 2560.55 Crore, up 3.81 % from last quarter Total Income of Rs 2466.55 Crore and up 8.08 % from last year same quarter Total Income of Rs 2369.06 Crore.
Company reported net profit after tax of Rs 154.56 Crore in latest quarter.
Promoter/FII Holdings Promoters held 75.0 per cent stake in the company as of 30-Sep-2023, while FIIs owned 8.31 per cent, DIIs 14.91 per cent.
