Seeing a V-shaped recovery, says Endurance Tech
Endurance Technology reported a good set of numbers in its third quarter earnings. Talking about the earnings, Ramesh Gehaney, ED and COO at Endurance Technologies said the company is looking at a V-shaped recovery.
Endurance Technology reported a good set of numbers in its third quarter earnings. Talking about the earnings, Ramesh Gehaney, ED and COO at Endurance Technologies said the company is looking at a V-shaped recovery.
"The industry has made a very good come back. The sentiment is up, the energy levels increased by doing more and more," Gehaney said in an interview with CNBC-TV18.
He further said that the firm made 1.9 million vehicles in November and approximately 1.4 million vehicles in December despite being an inventory correction period for OEMs.
Gehaney added that the firm has received orders from Kia Motors and Tata Motors and that the two-wheeler and passenger vehicle segments are doing well.
For more, watch the video...
(Edited by : Pranati Deva)
First Published: Feb 12, 2021 2:34 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Exclusive interview: 'Southern states will be a big surprise,' says PM Modi
May 13, 2024 9:05 PM
PM Modi's Patna visit: From serving langar to historic roadshow
May 13, 2024 5:13 PM