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.
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.
For entire interview, watch accompanying video.
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