Motilal Oswal: Endurance Technologies’ Q2 Operating Performance In-Line; Beat In Europe Business, Miss In India

Motilal Oswal: Endurance Technologies’ Q2 Operating Performance In-Line; Beat In Europe Business, Miss In India

Endurance Technologies Ltd.’s susepnsion and breaking technologies R&D Centre. (Source: Company website)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Endurance Technologies Ltd.’s Q2 FY21 operating performance was broadly in line with beat in the Europe business and miss in India.

The company continues to outperform the underlying two-wheeler industry, which should further widen due to new customers and content increase.

Thus, we believe it is the best proxy on the two-wheeler industry in India.

Click on the attachment to read the full report:

Motilal Oswal Enducance Technologies Q2FY21 Result Update.pdf
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