Company Profile

ENDURANCE TECHNOLOGIES LTD.

NSE : ENDURANCEBSE : 540153ISIN CODE : INE913H01037Industry : Auto AncillaryHouse : MNC
BSE1153.3527.75 (+2.47 % )
PREV CLOSE (Rs.) 1125.60
OPEN PRICE (Rs.) 1133.00
BID PRICE (QTY) 1151.90 (5 )
OFFER PRICE (QTY) 1154.35 (45 )
VOLUME 63322
TODAY'S LOW / HIGH (Rs.)1126.95 1159.45
52 WK LOW / HIGH (Rs.)562 1201.9
NSE1154.10 28.35 (+2.52 % )
PREV CLOSE(Rs.) 1125.75
OPEN PRICE (Rs.) 1128.95
BID PRICE (QTY) 1153.05 (9 )
OFFER PRICE (QTY) 1154.40 (19 )
VOLUME 128186
TODAY'S LOW / HIGH(Rs.) 1125.10 1159.80
52 WK LOW / HIGH (Rs.)564.5 1204.95

Company News

Date Heading Details
18-Nov-2020 Appointment of Director inter alia,also noted/ approved the following matters: 1. Resignation of Mr. Naresh Chandra (DIN 00027696), Chairman and Non-Executive Director with effect from 10/11/, 2020; and 2. Appointment of Mrs. Varsha Jain (DIN 08947297) as an Additional Director with effect from 10/11/2020. Consequent to the resignation of Mr. Naresh Chandra, the Board has approved appointment of Mr. Soumendra Basu, as Chairman of the Board.
18-Nov-2020 Appointment of Chairman inter alia,also noted/ approved the following matters: 1. Resignation of Mr. Naresh Chandra (DIN 00027696), Chairman and Non-Executive Director with effect from 10/11/, 2020; and 2. Appointment of Mrs. Varsha Jain (DIN 08947297) as an Additional Director with effect from 10/11/2020. Consequent to the resignation of Mr. Naresh Chandra, the Board has approved appointment of Mr. Soumendra Basu, as Chairman of the Board.
18-Nov-2020 Resignation of Chairman inter alia,also noted/ approved the following matters: 1. Resignation of Mr. Naresh Chandra (DIN 00027696), Chairman and Non-Executive Director with effect from 10/11/, 2020; and 2. Appointment of Mrs. Varsha Jain (DIN 08947297) as an Additional Director with effect from 10/11/2020. Consequent to the resignation of Mr. Naresh Chandra, the Board has approved appointment of Mr. Soumendra Basu, as Chairman of the Board.
05-Sep-2020 Endurance Technologies gets Eligibility Certificate from Government of Maharashtra <P align=justify>Endurance Technologies has received Eligibility Certificate from Government of Maharashtra for expansion under Mega Projects - Investment Based under the Package Scheme of Incentives - 2013 (the Scheme). The Company is now eligible for incentives for addition to fixed assets in eligible units in Aurangabad for an extended period of one year i.e. until March 31, 2019, as against the earlier period of April 1, 2013 to March 31, 2018. <P align=justify>Based on the aforesaid Eligibility Certificate, the company is entitled to a cumulative incentive of Rs 4,663.89 million under the Scheme.<P align=justify>Endurance Technologies manufactures aluminium casting (including alloy wheels), suspension, transmission and braking products. The company's products include aluminium casting, which offers high pressure die castings, low pressure die castings, gravity die castings etc.
17-Aug-2020 Endurance Technologies informs about telephonic discussions with institutional investors <p align="justify">Endurance Technologies has informed that telephonic discussions with various institutional investors have been scheduled on 18th August, 2020. The telephonic call has been organised by Citigroup Global Markets India.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
06-Aug-2020 Endurance Technologies informs about conference call <p align="justify">With reference to its letter dated 29th June, 2020 informing that a Board meeting of the Company is scheduled on 13th August, 2020 to, consider and approve the unaudited financial result for the quarter ended June, 2020. In terms of the referred Regulation 30 read with Schedule III-Part A to the Listing Regulations, Endurance Technologies has informed that a conference call for institutional investors/analysts is scheduled on 14th August, 2020 at 11:00 am (1ST) to discuss the above financial results. Details of the conference call are enclosed.</p><p align="justify">The above information is a part of company's filings submitted to BSE. <br></p>
10-Jul-2020 Endurance Technologies functioning operation at lower level at Aurangabad plant <P align=justify>Endurance Technologies is functioning operation at a lower level at Aurangabad plant in Waluj, in Maharashtra until July 18, 2020 on accounts of Commissioner and Administrator, Municipal Corporation of Aurangabad has been imposed lockdown in corporation limits including MIDC Industrial Area, Waluj from July 10, 2020 to July 18, 2020.<P align=justify>Endurance Technologies manufactures aluminium casting (including alloy wheels), suspension, transmission and braking products. The company's products include aluminium casting, which offers high pressure die castings, low pressure die castings, gravity die castings etc.
10-Jul-2020 Endurance Technologies gains on the BSE <p align="justify">Endurance Technologies is currently trading at Rs. 913.50, up by 14.50 points or 1.61% from its previous closing of Rs. 899.00 on the BSE.<br></p><p align="justify">The scrip opened at Rs. 891.65 and has touched a high and low of Rs. 916.65 and Rs. 882.20 respectively. So far 2511 shares were traded on the counter.<br></p><p align="justify">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1201.90 on 27-Jan-2020 and a 52 week low of Rs. 562.00 on 22-Apr-2020.<br></p><p align="justify">Last one week high and low of the scrip stood at Rs. 945.00 and Rs. 882.00 respectively. The current market cap of the company is Rs. 12855.88 crore.<br></p><p align="justify">The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 23.70% and 1.30% respectively.<br></p><p align="justify">Endurance Technologies is functioning operation at a lower level at Aurangabad plant in Waluj, in Maharashtra until July 18, 2020 on accounts of Commissioner and Administrator, Municipal Corporation of Aurangabad has been imposed lockdown in corporation limits including MIDC Industrial Area, Waluj from July 10, 2020 to July 18, 2020.<br></p><p align="justify">Endurance Technologies manufactures aluminium casting (including alloy wheels), suspension, transmission and braking products. The company's products include aluminium casting, which offers high pressure die castings, low pressure die castings, gravity die castings etc.</p><p align="justify"><br></p>
10-Jul-2020 Endurance Technologies informs about disclosure <p align="justify">Endurance Technologies has informed that as per the directions issued by the Commissioner and Administrator, Municipal Corporation of Aurangabad on 9th July, 2020, lockdown has been imposed in corporation limits including MIDC Industrial Area, Waluj from 10th July, 2020 to 18th July, 2020. As a result, eight plants of the Company operating in MIDC Industrial Area in Waluj, Aurangabad, will be functioning at a lower level of operation until 18th July, 2020 or such other period as may be notified by the State/ local authorities. Financial impact is difficult to ascertain at this juncture.<p align="justify">The above information is a part of company's filings submitted to BSE.</p>
22-May-2020 Endurance Technologies' arm acquires 100% stake in Grimeca <P align=justify>Endurance Technologies' step-down subsidiary -- Endurance Adler SpA, Italy (EA SpA) has acquired 100% stake in Grimeca Srl (Grimeca), Italy, with an effective date of May 21, 2020. Grimeca is an advanced service company involved in designing and developing new braking products for motorcycle and light-vehicles, including ‘co-design' with OEM customers. Grimeca has been a technology provider for braking solutions to the Company since 2015. <P align=justify>This strategic acquisition aims to strengthen technological prowess of the Company in the area of braking systems. This acquisition is expected to provide impetus to the growth opportunities for the Company's braking business in India, both for domestic and export markets. <P align=justify>Endurance Technologies manufactures aluminium casting (including alloy wheels), suspension, transmission and braking products. The company's products include aluminium casting, which offers high pressure die castings, low pressure die castings, gravity die castings etc.