Aurangabad

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Endurance Technologies IPO Opens: Investors Weigh Growth, Valuation and Auto Cycle Exposure

Endurance Technologies’ initial public offering opened on Wednesday, with the Aurangabad-based auto components maker seeking to raise nearly Rs 1,162 crore at the top end of the price band by selling a 17.5 percent stake. The issue follows a strong anchor book of Rs 348.52 crore, but investors will need to assess whether the company’s operating profile and sector positioning justify fresh subscription at current valuations.

By RDU Global Wire6 min read

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New Delhi(1)Endurance Technologies(1)