Divgi TorqTransfer Systems has debuted at Rs 600.00 on the BSE, up by 10 points or 1.69% from its issue price of Rs 590.
The scrip is currently trading at Rs 570.25, down by 19.75 points or 3.35% from its issue price. It has touched a high and low of Rs 615.75 and Rs 557.20 respectively. So far 2.29 lakh shares were traded on the counter.
The offering, which was open for subscription between March 1, 2023 and March 03, 2023, was subscribed 5.44 times. The issue price was fixed at Rs 590 per share i.e. at upper end of price band of Rs 560-590 apiece.
Divgi TorqTransfer Systems is engaged in the business as an automotive component entity.
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: