Endurance Technologies Ltd
ENDURANCE

579.25

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580.65

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Accumulate
Reco. Price
Rs 541.70

Last updated on 24-Nov-2016

We recommend an ACCUMULATE on the stock considering shift in customer preferences to newer technologies. Additionally, regulatory amendments in braking systems are expected to drive volumes and top line. Stock is currently trading at 18.5x P/E on FY18E EPS. (Target Price – Rs 576)
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50 DMA (.)
0.00
100 DMA (.)
0.00
200 DMA (.)
0.00
Weekly Range (.)
559.00
600.75
Monthly Range (.)
518.75
648.25
52 Weeks Range (.)
518.75
674.50
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