This small-cap auto-ancillaries stock engaged in designing, developing, and manufacturing advanced automotive components, including suspension, braking, transmission systems, and aluminum castings for two- and three-wheelers, is in focus after the company set up a new factory to manufacture lithium-ion battery packs for electric vehicles and energy storage.
Stock Price Movement
With a market capitalization of Rs. 26,585.98 crores, the share of Endurance Technologies Limited has reached an intraday high of Rs. 1,908.80 per equity share, rising nearly 0.81 percent from its previous day’s close price of Rs. 1,893.45. Since then, the stock has retreated and is currently trading at Rs. 1,890.05 per equity share.
What Happened
Endurance Technologies Limited is setting up a new factory in Mindewadi, Pune, to manufacture lithium-ion battery packs for electric vehicles and energy storage. The company plans to invest about Rs. 47.3 crore in this project, which will be funded through internal sources.
The plant will begin production in phases from the last quarter of the financial year 2025–26, with a target capacity of around 35,000 battery packs per month. This move marks the company’s entry into a new product segment and supports its focus on clean and sustainable energy solutions.
Also read: Why Did Bajaj Finserv Shares Fall 6% Despite Posting Strong Q4 Results? Here’s Why
Product Offerings
Endurance Technologies Limited focuses on automotive components, offering core products such as aluminum die-castings, suspension, braking, and transmission systems, driveshafts, embedded electronics, and aluminum forgings for 2- and 3-wheeler vehicles.
Global Presence
Endurance Technologies operates globally across India, Italy, and Germany, with 27 to 31 manufacturing plants strategically located near major original equipment manufacturers (OEMs) to efficiently support production and delivery.
Recent quarter results
Endurance Technologies Limited’s revenue has increased from Rs. 2,561 crore in Q3 FY24 to Rs. 2,859 crore in Q3 FY25, which has grown by 11.64 percent. The net profit has also grown by 21.05 percent from Rs. 152 crore in Q3 FY24 to Rs. 184 crore in Q3 FY25.
Company Overview
Endurance Technologies Limited was established in 1985 and is India’s largest aluminum die-casting and 2-3 wheeler auto component manufacturer, producing die-castings, suspension, transmission, and braking systems for leading automotive OEMs.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
