Enkei Wheels
449.90
-449.90(-100.00%)
Market Cap₹808.70 Cr
PE Ratio-398.14
IndustryAutomobiles
Company Performance:
1D-100.00%
1M-9.41%
6M-14.85%
1Y-26.68%
5Y+88.99%
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More news about Enkei Wheels
25Feb 25
Enkei Wheels Reports Q3 Revenue and EBITDA Decline Amid Challenging Market Conditions
Enkei Wheels (India) Limited experienced a challenging third quarter with revenue dropping 2.5% to 1.95 billion rupees and EBITDA falling 62.6% to 78.5 million rupees. The EBITDA margin contracted to 4.02% from 10.48%. Despite financial headwinds, the company is upgrading its MAP 2 facility to MAT status, with mass production set to begin in March 2025, increasing four-wheeler wheel production capacity by 18.2% to 130,000 units per month. The company maintains a solid financial position with total assets of 5,637.48 million rupees.
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Enkei Wheels
449.90
-449.90
(-100.00%)
1 Year Returns:-26.68%
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