Divgi Torqtransfer

Aug 9 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:

• GETS MULTI-YEAR CONTRACT VALUED AT ABOUT 8 BILLION RUPEES LIFECYCLE REVENUE

Source text for Eikon: ID:nBSE2l4gwj

Further company coverage: DIVG.NS

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** Shares of Divgi TorqTransfer Systems DIVG.NS up 6.28% to 756.9 rupees, its steepest climb since Sept. 26, 2023

** Auto parts maker says Maharashtra state government conferred status of 'mega project' on its Satara project

** Govt to offer incentives including electrical duty exemption and industrial promotion subsidy to co

** Stock sees busiest day in over eight months, with more than 280,000 shares traded

** Stock down 22.6% YTD

(Reporting by Aleef Jahan in Bengaluru)

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** Shares of Divgi Torqtransfer Systems DIVG.NS fall as much as 10.8% to 728.6 rupees, lowest since March 15

** The auto parts maker said on Friday its Q4 profit fell ~32% Y/Y as demand slipped

** More than 87,200 shares change hands, 2.9x its 30-day avg

** Stock down 8% in May

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

** Shares of Divgi Torqtransfer Systems DIVG.NS fall as much as 8.2% to 834.4 rupees, lowest since Aug. 11

** The auto parts maker said on Friday its Q3 profit fell over 22% as demand falls

** EBITDA margin contracts to 26% from 30% Y/Y

** More than 83,000 shares change hands, 3x its 30-day avg

** DIVG trading below its 50-day, 100-day avg since mid-Jan; slipped below 200-day simple moving avg on Friday

** Stock fell over 5% in both the month of Jan. and Q3

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

July 28 (Reuters) - Divgi TorqTransfer Systems Ltd DIVG.NS:

• GETS ORDER WORTH 1.8 BILLION RUPEES

• AWARDED NEW PROGRAM FROM OVERSEAS CUSTOMER TO SUPPLY COMPONENTS FOR THEIR OE PROGRAM

Source text for Eikon: ID:nBSE5yxc10

Further company coverage: DIVG.NS

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