Endurance Technologies Ltd commences commercial production of Anti-lock Braking Systems modulators

Endurance Technologies Ltd has commenced commercial production of Anti-lock Braking Systems (ABS) modulators from one of its manufacturing plants at Waluj, Aurangabad.

The plant has an annual installed capacity to manufacture 400,000 nos. of single channel ABS modulators. The Company has initially commenced production with 8,000 nos. of ABS modulators per month which is expected to be ramped up to its capacity level production by July / August 2022.

The ABS modulators shall be supplied to leading OEM customers of the Company for >125cc range of motorcycles and scooters.

Shares of Endurance Technologies Limited was last trading in BSE at Rs. 1582.65 as compared to the previous close of Rs. 1600.2. The total number of shares traded during the day was 1321 in over 343 trades.

The stock hit an intraday high of Rs. 1620 and intraday low of 1577.6. The net turnover during the day was Rs. 2102193.

Source : Equity Bulls

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