Divgi TorqTransfer Systems Ltd shares witnessed a sharp uptick today after the company announced securing a ₹800 crore multi-year contract with a prominent Indian Original Equipment Manufacturer (OEM) for its core transfer case business.
Key Highlights:
- Order Value: ₹800 crore
- Customer: A major Indian OEM
- Business Segment: Core transfer case technology
This significant order reinforces Divgi’s position in the auto components sector, highlighting its expertise in delivering advanced automotive solutions.
Company Snapshot:
- Market Cap: ₹1,893.39 crore (~$0.23 billion)
- P/E Ratio: 56.18
- Sector: Automobile and Auto Components
- Sub-Sector: Auto Components & Equipment
- Stock Code: 543812 (Symbol: DIVGIITTS)
As of 12:47 PM, the shares were trading significantly higher, reflecting strong investor sentiment following the order announcement.
