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ENDURANCE TECHNOLOGIES LIMITEDENDURANCE TECHNOLOGIES LIMITEDENDURANCE TECHNOLOGIES LIMITED

ENDURANCE TECHNOLOGIES LIMITED

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ENDURANCE trade ideas

Endurance: good candidate for swing trading, simple chart PerteEndurance is creating price action to trade above the stock. A good movement can be seen above 2760. Along with the stop loss of 2670, the levels like 2810/2870/2950/3050/3350 can be seen. Higher highs can form the formula and give a side break out. fundamental is also good. The market cap is good and the position of fii and dii is also hold. This stock can give very good returns in the long run. Invest only after consulting your financial advisor. This is just our opinion. No advice to buy or sell.
NSE:ENDURANCE
by Rr099
Endurance Technologies Ltd (NSE: ENDURANCETECH) Stock AnalysisKey Points: Market Cap: ₹29,961 crore Current Market Price (CMP): ₹2,130.05 Average PE Ratio: 44.03 Dividend Yield: 0.40% 52-Week High/Low: ₹2,318.80 / ₹1,357.00 Beta: 0.54 Technical Analysis: Upward Trend: The stock has been moving upward, forming a cup pattern on the daily chart. Support and Resistance: Resistance: ₹2,318.80 Support Levels: ₹2,026.34 and ₹1,951, where it can potentially show a reversal. Patterns: In the daily and weekly frames, the stock shows reversals from the 50 and 100 EMAs and has formed a double top pattern. Investment Consideration: Endurance Technologies appears to be a strong candidate for a mid-cap auto sector portfolio addition due to its consistent upward movement and favorable technical indicators. Disclaimer: This analysis is for educational purposes and not financial advice. Always conduct your own research and consult with a financial advisor before investing. The author is not SEBI registered and holds no responsibility for financial losses based on this analysis. Conclusion: Endurance Technologies Ltd shows promise with its technical uptrend and key support levels. Monitor for potential reversals at the support levels before adding to your portfolio.
NSE:ENDURANCELong
by RSIBBTRADER
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in ENDURANCE BUY TODAY SELL TOMORROW for 5%
NSE:ENDURANCE
by Kapil-Mittal
4
Endurance Tech is experiencing robust growthEndurance Tech (ENDU), India's top aluminum die-casting company, is showing consistent improvement in its performance metrics. This is fueled by increasing domestic demand, a recovery in the international market, and lower raw material costs. ENDU is highly preferred among automotive ancillary firms due to its advanced product range and strong presence in the two-wheeler segment. Outlook: ENDU's robust order book is being driven by the recovery in demand. The company primarily focuses on the two-wheeler (2W) segment in the domestic market, benefiting from its advanced product range. This positions ENDU advantageously to capitalize on the expected growth in the 2W industry. The positive outlook for ENDU is supported by the significant increase in demand for two-wheelers, as indicated by monthly wholesale figures from original equipment manufacturers (OEMs). The management's confidence in the long-term potential of the Indian 2W segment is further reinforced by the company's order schedule, which anticipates a 10-12 percent industry growth in FY24. During the first nine months of FY24, Endurance Tech secured new contracts worth Rs 941 crore from OEMs other than Bajaj Auto, with approximately 60 percent being new business and the rest replacement orders. These contracts are expected to peak in FY26. Additionally, the company has obtained orders worth Rs 680 crore in the electric vehicle (EV) segment. In terms of the European business outlook, Endurance Tech's management highlighted that the easing of supply constraints allowed OEMs to increase production. Despite recessionary pressures affecting order intake, Endurance Tech successfully secured orders totaling 29 million euros during the same period. In conclusion, Endurance Tech's strong position in the Indian two-wheeler segment, focus on electric vehicles, and favorable market conditions position it as a compelling player in the automotive industry. Endurance Tech is expanding its product range by focusing on high-value offerings. This includes brake-and-clutch assemblies for motorcycles with engine capacities exceeding 200 cc, ABS systems, paper-based clutches, inverted front forks, as well as fully machined and semi-finished castings. The company has begun supplying ABS and brakes tailored for motorcycles with engine capacities of 200 cc and above, along with clutch plates. As raw material prices decrease, enhanced margins are expected. The reduction in raw material expenses has already had a positive impact, and the decline in high energy prices in Europe has further strengthened the company's operating margin. Additionally, management is actively working to improve cost efficiencies, introduce more valuable products, and replace imports, all of which are expected to contribute to further improvement in the operating margin. Valuation: Endurance Tech (ENDU) is currently trading at a valuation of 29.8 times the estimated earnings for FY25, which represents a discount of approximately 10 percent compared to its six-year average valuation of 32.7. This discounted valuation suggests significant potential for an upward movement in the stock price. We recommend that investors gradually accumulate the stock. There are several risks to consider: 1. Deceleration in demand: A slowdown in demand could negatively impact the company's financial performance. 2. Unfavorable commodity prices: Higher raw material costs, due to unfavorable commodity prices, could affect operational profitability.
NSE:ENDURANCELong
by Trendxinc
ENDURANCENote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:ENDURANCE
by SENSITRADE_T
ENDURANCEENDURANCE:- Ascending triangle pattern is formed, breakout is found, movement to the upside can be seen, till then keep your eye on the stock. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:ENDURANCELong
by AjayDhakad_Keep_it_simple