Endurance Technologies Q4 Review -  Strong All-Round Performance In Both Businesses: Motilal Oswal

Worker at an assembly line at Endurance Technologies Ltd. (Source: Company website)

Endurance Technologies Q4 Review - Strong All-Round Performance In Both Businesses: 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

Endurance Technologies Ltd. reported a strong all-round beat in Q4 FY21, with both businesses surprising with their performances.

While business recovery in the Europe continues strongly, the India business is seeing the impact of the second Covid-19 wave.

The company’s outperformance of the underlying two-wheeler industry would continue on the back of a content increase, the mining of recently added customers, and anti-lock braking system supplies from Q3 FY22.

The company is the best proxy on the two-wheeler industry in India.

Click on the attachment to read the full report:

Motilal Oswal Endurance Technologies Q4FY21 Result Update.pdf

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