Endurance Technologies (Endurance) is one of the biggest suppliers of components to 2-wheelers and 3-wheelers in India, having core-competence in aluminium casting, transmission and suspension products.
Earning per share (EPS) of the company for the earnings for FY19E and FY2OE is seen at Rs. 36.33 and Rs. 43.03 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 13% and 22% over 2018 to 202GB respectively.
Really happy for them ! ~ Anurang & Tarang Jain ~ Twins from our Sydenham College Mumbai Class of 83 & with who I’ve enjoyed long bridge sessions that often stretched into early morning while we were college mates.
Net Sales and PAT of the company are expected to grow at a CAGR of 10% and 12% over 2018 to 202GB, respectively.Hence, we say that, we are Overweight in this particular scrip for Medium to Long term investment.
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this site are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither IndiaNotes nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.