Endurance Technologies Ltd had last year announced the acquisition of a leasehold plot of land admeasuring about 7.4 acre in Halol Industrial Estate of Gujarat Industrial Development Corporation, Tal. Kalol, Dist. Panchmahal, Gujarat to set up a plant to manufacture front forks and shock absorbers ("suspension products").
The manufacturing operations of suspension products at the plant in Halol have commenced. The production has commenced with effect from 1st September, 2018 and is expected to gradually ramp up in line with the production plans of our OEM customer.
Shares of Endurance Technologies Ltd was last trading in BSE at Rs.1394 as compared to the previous close of Rs. 1371.85. The total number of shares traded during the day was 1759 in over 270 trades.
The stock hit an intraday high of Rs. 1416.95 and intraday low of 1315.9. The net turnover during the day was Rs. 2405239.