Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The brokerage and research firm Nirmal Bang is bullish on Endurance Technologies Limited stock and believes that new opportunities will accelerate growth in the future.

Nirmal Bang bullish on this stock, sees 15% upside! Here’s why

Bharat Forge, Endurance Technologies and BSE on the top picks list by the broking house Motilal Oswal.

Motilal Oswal Bets On These Midcaps For Double-digit Returns

Endurance Technologies Q2 Review - New Opportunities To Accelerate Growth: Nirmal Bang

Asahi India Glass Ltd, Transport Corporation of India Ltd, Endurance Technologies Ltd and Chalet Hotels Ltd are among the other losers in the BSE’s ‘A’ group today, 16 November 2021.

Maharashtra Seamless Ltd leads losers in ‘A’ group

Endurance Technologies Q2 - India Hurt By Raw Material Cost, Europe By Semiconductor Shortages: Motilal Oswal

Endurance Technologies consolidated net profit declines 20.24% in the September 2021 quarter

Endurance Technologies - Commencement Of Anti-Lock Braking Systems Supplies To Aid Growth: Systematix

The plant has an annual installed capacity to manufacture 400,000 nos. of single channel ABS modulators. The Company has initially commenced production with 8,000nos. of ABS modulators per month which is expected to be ramped up to its capacity

Endurance Technologies commences production of ABS modulators at Waluj unit

Ramesh Gehaney, ED & COO of Endurance Technologies speaks if his company is eligible for Auto PLI Scheme and how the company will be benefitted from it.

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Ramesh Gehaney Of Endurance Technologies Speaks On Benefits Of PLI Scheme | Bazaar Corporate Radar

“I see absolutely no reason why we will not be adding more regions. See, now the world is the audience for anyone. It is no longer a domestic-alone revenue game. You go picking up new orders across the world and move alongside your OEMs. Wherever they are present, you also are.”

Winning new business a constant endeavour for Endurance Technologies: Ramesh Gehaney

Winning new business a constant endeavour, won’t shy away from any order: Ramesh Gehaney, Endurance Technologies

Endurance Technologies manufactures aluminium casting (including alloy wheels), suspension, transmission and braking products.

Endurance Technologies Ltd (CN)

Endurance Technologies Ltd (CN)

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Nirmal Bang bullish on this stock, sees 15% upside! Here’s why

Motilal Oswal Bets On These Midcaps For Double-digit Returns

Endurance Technologies Q2 Review - New Opportunities To Accelerate Growth: Nirmal Bang

Maharashtra Seamless Ltd leads losers in ‘A’ group

Endurance Technologies Q2 - India Hurt By Raw Material Cost, Europe By Semiconductor Shortages: Motilal Oswal

Endurance Technologies consolidated net profit declines 20.24% in the September 2021 quarter

Endurance Technologies - Commencement Of Anti-Lock Braking Systems Supplies To Aid Growth: Systematix

Endurance Technologies Ltd (CN)

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Nirmal Bang bullish on this stock, sees 15% upside! Here’s why

Motilal Oswal Bets On These Midcaps For Double-digit Returns

Endurance Technologies Q2 Review - New Opportunities To Accelerate Growth: Nirmal Bang

Maharashtra Seamless Ltd leads losers in ‘A’ group

Endurance Technologies Q2 - India Hurt By Raw Material Cost, Europe By Semiconductor Shortages: Motilal Oswal

Endurance Technologies consolidated net profit declines 20.24% in the September 2021 quarter

Endurance Technologies - Commencement Of Anti-Lock Braking Systems Supplies To Aid Growth: Systematix

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock