Endurance Technologies falls 6%; stock nears 52-week low on weak Q3 results

Shares of Endurance Technologies were down 6 per cent at Rs 1,275 on the BSE in Monday’s intra-day trade due to growth concerns. In comparison, at 01:31 pm, the S&P BSE Sensex was up 0.16 per cent.

The stock of the automotive components manufacturer has fallen 20 per cent in the past one month after the company reported a weak set of December quarter (Q3FY22) numbers. It was trading close to its 52-week low price of Rs 1,250 touched on April 15, 2021. The stock has corrected 36 per cent from its 52-week high of Rs 1,981 hit on