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Endurance Tech: Recovery in Europe, order book flex muscles

With an encouraging business outlook and reasonable valuation, the auto ancillary holds potential

Endurance Technologies: Endurance Technologies Q2 profit falls 1.4% YoY to Rs 131.5 crore on higher input cost, other expenses. Revenue up 25%. The company recorded consolidated profit at Rs 131.5 crore for the qurater ended September FY23, down 1.4% compared to year-ago period, hit by higher input cost, and other expenses. Consolidated revenue from operations grew by 25% to Rs 2,360.6 crore compared to same period last year.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More