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Endurance Tech working towards improving domestic margin to 13.8%

Endurance Technologies' stock rising 30 percent from its listing price of Rs 572 in October last year.

March 31, 2017 / 11:32 IST
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Endurance Technologies' stock rose 30 percent from its listing price of Rs 572 in October last year. The company was also a big beneficiary of two-wheeler demand recovery seen post demonetisation.

In an interview to CNBC-TV18, ED and COO Ramesh Gehaney said that the focus is on a strategy to improve margins going ahead. The company is working towards improving domestic margin to 13.8 percent, he said.

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Talking about the shift from BS-III to BS-IV, he said the original equipment manufacturers (OEMs) are ready for BS-IV requirements.

It is one of India's leading automotive component manufacturing companies.