ENDURANCE TECHNOLOGIES LTD.
NSE : ENDURANCEBSE : 540153ISIN
CODE : INE913H01037Industry : Auto AncillaryHouse
: MNC
BSE1602.40-14.3 (-0.88 % )
PREV CLOSE (Rs.) 1616.70
OPEN PRICE (Rs.) 1622.30
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 1889
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE1603.25 -11.85 (-0.73 % )
PREV CLOSE(Rs.) 1615.10
OPEN PRICE (Rs.) 1608.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 1603.25 (104 )
VOLUME 16853
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 05-Sep-2023 | Endurance Technologies informs about analysts meet | <p style="text-align: justify;">Pursuant to the Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Endurance Technologies has informed that multiple one-on-one/ group meetings with Analysts/ Institutional Investors have been scheduled at Singapore from 11th September, 2023 to 13th September, 2023 between 9.00 am and 6.00 pm. These meetings are organised by Investec Capital Services, Mumbai. Senior management representatives from the Company shall be present at the meeting. A copy of the presentation that may form part of the discussion during the meeting can be accessed through the link: https://www.endurancegroup.com/wpcontent/uploads/2023/08/Corporate-Presentation-August-2023.pdf.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 18-Jul-2023 | Endurance Technologies acquires additional stake in Maxwell Energy Systems | <p style="text-align: justify;">Endurance Technologies has acquired additional 5% equity stake in Maxwell Energy Systems (Maxwell) thereby increasing its shareholding to 56%. This additional stake has been acquired for a cash consideration of Rs 6.94 crore, based on agreed valuation methodology as per the terms of Share Subscription and Purchase Agreement dated May 18, 2022 (SSPA).</p><p style="text-align: justify;">The key focus of Maxwell is on designing and developing advanced electronics platforms targeted towards next-gen mobility and energy storage solutions. Endurance plans to leverage Maxwell's deep technical expertise and its BMS deployment experience both in India and Europe. It is expected that, as a preferred tier-1 auto component supplier, the Company will effectively leverage its business relationships to further grow the acquired business with its OEM customers.</p><p style="text-align: justify;">In the second tranche that concluded on July 17, 2023, the Company has completed acquisition of 5% equity stake in Maxwell. This is in addition to 51% acquired on July 01, 2022. Balance 44% equity stake in Maxwell shall be purchased in a phased manner in annual tranches, spread over the next four financial years.</p><p style="text-align: justify;">Endurance Technologies is among one of the largest auto-components companies in India.</p> |
| 18-Jul-2023 | Endurance Technologies gains on acquiring additional stake in Maxwell Energy Systems | <p style="text-align: justify;">Endurance Technologies is currently trading at Rs. 1708.40, up by 8.95 points or 0.53% from its previous closing of Rs. 1699.45 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1704.85 and has touched a high and low of Rs. 1714.30 and Rs. 1696.90 respectively. So far 147 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1738.35 on 17-Jul-2023 and a 52 week low of Rs. 1171.60 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1738.35 and Rs. 1650.45 respectively. The current market cap of the company is Rs. 23911.98 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 23.19% and 1.81% respectively.</p><p style="text-align: justify;">Endurance Technologies has acquired additional 5% equity stake in Maxwell Energy Systems (Maxwell) thereby increasing its shareholding to 56%. This additional stake has been acquired for a cash consideration of Rs 6.94 crore, based on agreed valuation methodology as per the terms of Share Subscription and Purchase Agreement dated May 18, 2022 (SSPA).</p><p style="text-align: justify;">The key focus of Maxwell is on designing and developing advanced electronics platforms targeted towards next-gen mobility and energy storage solutions. Endurance plans to leverage Maxwell's deep technical expertise and its BMS deployment experience both in India and Europe. It is expected that, as a preferred tier-1 auto component supplier, the Company will effectively leverage its business relationships to further grow the acquired business with its OEM customers.</p><p style="text-align: justify;">In the second tranche that concluded on July 17, 2023, the Company has completed acquisition of 5% equity stake in Maxwell. This is in addition to 51% acquired on July 01, 2022. Balance 44% equity stake in Maxwell shall be purchased in a phased manner in annual tranches, spread over the next four financial years.</p><p style="text-align: justify;">Endurance Technologies is among one of the largest auto-components companies in India.</p><div style="text-align: justify;"><br></div> |
| 19-Jun-2023 | Endurance Technologies informs about analyst meet | <div>Endurance Technologies has informed that as a part of regular investors briefing multiple one-on-one meetings of Institutional Investors have been scheduled on 21st June, 2023 at Chennai starting from 10.00 am.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div> |
| 21-Mar-2023 | Endurance Technologies informs about result of postal ballot | <p align="justify">Pursuant to Section 110 of the Companies Act, 2013, read with Companies (Management and Administration) Rules, 2014, Endurance Technologies has informed that the Company has completed the process of Postal Ballot for seeking approval of the Members for amendment to Memorandum of Association (‘MoA') and Articles of Association (‘AoA') of the Company, through remote e-voting. Pursuant to Regulation 44(3) of the Listing Regulations, it has submitted the results of Postal Ballot along with Scrutiniser's Report dated 21st March, 2023 for record. The Postal Ballot results along with the Scrutiniser's Report is being displayed at the Registered Office of the Company. The same will also be made available on the website of the Company: www.endurancegroup.com under the section ‘Investor Relations' and of National Securities Depository (NSDL) at www.evoting.nsdl.com.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p> |
| 20-Feb-2023 | Endurance Technologies informs about analyst meetings | <p align="justify">Pursuant to the Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Endurance Technologies has informed that, as a part of regular investors briefing to give an overview of the automotive industry and Company's business, multiple meetings of Institutional Investors have been scheduled on 22nd February, 2023 at Mumbai. These meetings have been organised by Kotak Institutional Equities. Senior management representatives from the Company shall be present at these meetings of Institutional Investors. The meeting schedule may change due to exigencies on part of the Analysts/Investors and /or the Company.</p><p align="justify">The above information is a part of company's filings submitted to BSE.</p><p><br></p><p><br></p> |
| 16-Jan-2023 | Endurance Technologies informs about credit rating | <p align="justify">Pursuant to the Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Endurance Technologies has informed that CRISIL Ratings (a subsidiary of CRISIL), a credit rating agency registered with the Securities and Exchange Board of India, has reaffirmed the credit rating for availing credit facilities from banks and issuance of Commercial Papers (‘CPs) by the Company. As per the details are enclosed. </p><p align="justify">The above information is a part of company's filings submitted to BSE.</p> |
| 22-Nov-2022 | Endurance Technologies informs about RPT disclosure | <div><span>Endurance Technologies has informed that it enclosed disclosure of Related Party Transactions, on a consolidated basis, for the half year ended 30th September, 2022, in the format specified in the relevant accounting standard. The company has informed that the unaudited financial results for the quarter and half year ended 30th September, 2022 have been approved by the Board of Directors, at its meeting held on 7th November, 2022. The above disclosure shall also be available on the Company's website www.endurancegroup.com</span></div><div><font face="sans-serif"><span><br></span></font></div><div><font face="sans-serif"><span>The above information is a part of company's filings submitted to BSE.</span></font></div><div><br></div> |
