Any idea what would be competitive moat for endurance and how sustainable it is?
In my opinion it’s relation with Bajaj Auto can be considered as a MOAT which few other companies can boast of.
It has also started supplying other competitors while maintaining the relationship with Bajaj.
While it majorly focuses on 2W vehicles they have increased the share of 4W supplies over the years.
We may also over time get to know if the Maxwell acquisition (engaged in EV battery management systems) is value accretive.
Disc - Holding
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