Endurance Technologies - A Best Proxy For The Indian Two-Wheeler Industry: Motilal Oswal 
Endurance Technologies Ltd.’s susepnsion and breaking technologies R&D Centre. (Source: Company website)

Endurance Technologies - A Best Proxy For The Indian Two-Wheeler Industry: Motilal Oswal 

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

After a slow recovery post lifting of Covid-19-related restrictions, we believe that the underlying demand drivers for two-wheelers are still intact and expect two-wheelers demand to return to 6-8% compound annual growth rate over the next five years.

We prefer Endurance Technologies Ltd. over two-wheeler original equipment manufacturers as the best way to play the two-wheeler industry, given that the company has a strong positioning with all OEMs and is the beneficiary of the underlying trend in premiumization, scooterization, and electrification.

Click on the attachment to read the full report:

Motilal Oswal Endurance Technologies Company Update.pdf

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