At the current market price, the brokerage sees around 17 per cent upside for the stock and has set a price target of ₹3,435, based on a 32x FY28E P/E.
Since the start of CY2025, policymakers have announced a slew of measures, including income tax cuts, repo rate cuts along with CRR cuts, and GST reforms to revive consumer demand
Endurance Technologies share price rose on the back of a strong result in the June quarter of financial year 2026 (Q1FY26).
Indian government has approved a new mandate requiring all new two-wheelers-scooters, motorcycles, and bikes-to be equipped with ABS, regardless of engine capacity, starting January 1, 2026.
Endurance Technologies stock in focus: Reports indicate that government has approved a new mandate requiring all new two-wheelers to be equipped with anti-lock braking systems w.e.f. January 2026.
The northward movement in the company's stock price came on the back of company's strong financial results for the second quarter of FY25
The management is positive on growth across segments and expects decent growth, going ahead, led by robust orderbook.
In the past six trading days, the index has outperformed by surging 5.4 per cent, as compared to 2.4 per cent rise in the Nifty 50.
Endurance Technologies stock price: During Q4FY24, Endurance Technologies reported a 54 per cent year-on-year (Y-o-Y) jump in net profit at Rs 210.15 crore
According to the technical analyst from Anand Rathi, Hindalco has found support around its 200-DEMA, and seems poised for a potential reversal in the short-term.
The stock of the automotive components manufacturer has fallen 20 per cent in the past one month after the company reported a weak set of December quarter (Q3FY22) numbers.
The management said the market, this year, is subdued with headwinds in the form of weak rural demand and higher cost of ownership
Consistent growth in the Indian two-wheeler and European car markets is key
The stock of TCS is sustaining above its important moving averages, and a breakout above the immediate resistance of 2,820 levels might lead stock trade higher
Market share gains, better product mix other triggers
On Thursday, the automotive component manufacturer's stock had tanked 20 per to Rs 743, its lowest level since March 30, 2017, after the company announced the expansion plan.
Endurance Technologies, run by Rahul Bajaj's nephew, doubled m-cap to Rs 177 billion in 20 months
Despite its largest customer Bajaj Auto struggling to improve its volumes in the domestic market, auto component maker Endurance Technologies has been growing its business in India and outside at a brisk pace.The June quarter performance of both companies illustrate the point. While Bajaj Auto's sales volumes were lower by 11 per cent and revenues were down 5 per cent, Endurance posted a 12 per cent growth in domestic revenues, compared to the year ago period. Endurance's performance is noteworthy given that Bajaj Auto accounts for 47 per cent of the former's standalone revenues and 31 per cent of its consolidated revenues. The stock performance over the last year too is indicative of the divergent trends. The Endurance stock has been one of the best performing stocks in the auto space enriching investors by 51 per cent returns since listing in October 2016 while Bajaj Auto shareholders have lost 5 per cent during this period. One of the reasons Endurance has been able to improve its .
Tie-up with BWI North America, higher share of new clients will help auto part maker lift profit
Shares zoom 37% on listing day