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Endurance Technologies decides to withdraw new business for manufacturing of tyres

09 Aug 2019 Evaluate

Endurance Technologies has decided to withdraw new business for manufacturing of tyres. The company had proposed the expansion into tyre manufacturing is appropriate strategy for the growth of the Company.

After considering the feedback from the stakeholders the management reconsidered the same and decided not to pursue the aforementioned project.

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.

Peers
Company Name CMP
SamvardhanaMotherson 164.35
Tube Investments 2598.00
Bosch 47780.00
UNO Minda 1235.30
Bombay Burmah Trdg. 1448.70
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