This sector drove in top gear over bears to clock best weekly returns
Not only automobile makers, the equipment makers too, saw robust growth in the third quarter. Sona BLW reported a strong 39% YoY growth in revenue to Rs 685 crore, with battery electric vehicles accounting for 26% of the revenue.
Ahead of Market: 10 things that will decide stock action on Monday
“The index is trading near the key hourly moving averages as well as near a rising trendline on the hourly chart. 18600 is a key support from where the index can start moving up again. Overall, the short term outlook continues to be positive for a target of 19,000,” Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan by BNP Paribas said.
Buy Endurance Technologies; target of Rs 1680: Motilal Oswal
Motilal Oswal is bullish on Endurance Technologies recommended buy rating on the stock with a target price of Rs 1680 in its research report dated November 09, 2022.
Endurance Technologies Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 19638.64 Crore) operating in Auto Ancillaries sector.
Corporate Radar: Supreme Industries, REC to go ex-dividend, Coal India, Paytm earnings and more
Further, the board of Sequent Scientific other than the quarterly results will deliberate on the preferential issue. The board of BLS International will meet to consider the proposal for the issue of bonus shares to the equity shareholders of the company.
SGX Nifty up 90 points; here's what changed for market while you were sleeping
Major Asian stocks opened higher on Monday as global market sentiment improved on solid US jobs data and hopes for an economic reopening in China. MSCI's index of Asia-Pacific shares outside Japan was trading 0.63 per cent higher.
Stocks in the news: Coal India, RIL, Titan, SBI, Power Grid, GAIL, Cipla and Tata Motors
Coal India, Divi's Labs, BPCL, Paytm, AB Capital, Sundaram Finance, Tata Teleservices, Vinati Organics, KRP Mills, Endurance Tech, PB Fintech and Affle are among the companies that will announce their results for September 2022 quarter today.
Kotak downgrades Endurance Tech to 'sell', lowers target price
Kotak expects Endurance earnings likely to be reduced as its key customer Bajaj Auto's performance to get impacted amid slowdown in two wheeler export geographies, especially Africa and South Asia
Endurance Technologies Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 20394.71 Crore) operating in Auto Ancillaries sector.
Nifty to cross 20,000-mark by next June: Prabhudas Lilladher
"We remain positive on India's growth story given strong tailwinds and expect steady returns with a stock-specific approach," Prabhudas analysts Amnish Aggarwal and Anushka Chhajed said, adding that the June quarter saw sales beat of 0.6 per cent, while EBITDA and PBT were lower than estimates by 6.5 per cent and 9.7 per cent, respectively.
Buy Endurance Technologies; target of Rs 1650: Motilal Oswal
Motilal Oswal is bullish on Endurance Technologies recommended buy rating on the stock with a target price of Rs 1650 in its research report dated August 11, 2022.
Corporate Radar: Coal India, IOC to turn ex-dividend; Apollo Hospitals Q1 results; AGMs, and more
Apollo Hospitals Enterprise, Page Industries, Trent, Aurobindo Pharma, Bharat Forge, The Phoenix Mills and Sunteck Realty are among companies that will announce their quarterly earnings today.
Hold Endurance Technologies, target price Rs 1565: ICICI Direct
Endurance Technologies Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 20353.91 Crore) operating in Auto Ancillaries sector.
Top auto stocks to buy ahead of Q1 earnings and as demand recovers
This strong performance is likely to be driven by a sharp shift in mix towards its high-margin tractor segment (44 per cent of the total in Q1 from 32 per cent QoQ). Even auto volumes have remained stable QoQ, given the strong order backlog and chip shortage impact gradually reducing,” it said in a report.
Endurance Tech acquires 51% in Maxwell Energy Systems, eyes foray into EV products
The company further stated that the balance 49 percent stake shall be purchased in a phased manner in five tranches, spread over the next five financial years'.
EV space has got to evolve; one or two odd failures are part of a learning process: Ramesh Gehaney, Endurance Technologies
“In FY19 we saw 24.42 million vehicles being sold by the two-wheeler industry. Last year, we did around 17.9 million which indicates that there is a gap of approximately seven million vehicles. These seven million vehicles must come back because the market is there for consuming so many vehicles. One can expect some growth numbers coming up this year..”
Endurance Technologies Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 18322.04 Crore) operating in Auto Ancillaries sector.
Buy Endurance Technologies; target of Rs 1637: LKP Research
LKP Research is bullish on Endurance Technologies has recommended buy rating on the stock with a target price of Rs 1637 in its research report dated May 23, 2022.
Hot Stocks | KSB, Endurance Technologies, Transport Corporation may give up to 12% return in short term. Here's why
Transport Corporation of India is placed above 20, 50 and 200 days EMA, which indicates the bullish trend on all time frames. Stock price has surpassed the previous swing high resistance of Rs 764.
Endurance Technologies, incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 18099.09 crore) operating in Auto Ancillaries sector.
Buy Endurance Technologies; target of Rs 1620: Motilal Oswal
Motilal Oswal is bullish on Endurance Technologies recommended buy rating on the stock with a target price of Rs 1620 in its research report dated May 21, 2022.
Endurance buys Ion Energy's battery management system unit for $40 million
Endurance will buy 51% of Maxwell Energy Systems, a subsidiary of Mumbai-based Ion Energy, for $17.5 million to begin with. The remaining 49% will be bought in phases over the next five years, Ion energy said in a statement.
Endurance buys Ion Energy's battery management system unit for $40 million
Endurance will buy 51% of Maxwell Energy Systems, a subsidiary of Mumbai-based Ion Energy, for $17.5 million to begin with. The remaining 49% will be bought in phases over the next five years, Ion energy said in a statement.
SGX Nifty falls 315 points; here's what changed for markets while you were sleeping
Asian stocks tracked a steep Wall Street selloff on Thursday, as investors fretted over rising global inflation, China's zero-COVID policy and the Ukraine war, while the safe-haven dollar held most of its strong overnight gains. MSCI's index of Asia-Pacific shares outside Japan was down by 2.14 per cent.
Stocks in the news: ITC, Dr Reddy's, IGL, IRB Infra, Arvind and IDBI Bank
Godrej CP, Dr Reddy's Labs, Gland Pharma, Bosch, Container Corp, Ashok Leyland, HPCL, GIC of India, Endurance Tech, Chambal Festilizers and UCO Bank are among the companies which will announce their earnings today.