Endurance Tech (CMP: Rs 1,125, Mcap: Rs 15,830 crore) has reported a better-than-expected performance during the first quarter of FY21 amid the pandemic-led disruptions. Unlike any other auto ancillary company, Endurance (ENDU) managed its operating profitability well above the break-even level that too despite a significant fall in the topline. We continue to remain upbeat on the company, primarily, on the back of its significant presence in the high growth two-wheeler segment and a strong order book. Moreover, the company...
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