DIVGIITTSHello Everyone I hope you all will be doing well in your life and your investing as well. Here I have brought a stock that is mostly ready to give Breakout. Divgi TorqTransfer Systems is the name of the stock. CMP is 653. Its IPO price was 590. And it's near that price. Mostly it will not be that 590—IPO price, 580 must be a strong support. Once it gives a breakout above 670, ready to go long. Target as per fibonacci.
About
Incorporated in 1964, Divgi Torqtransfer
System Ltd manufactures Auto Components
and Parts
Key Points
Business Overview:
Divgi TTS is India’s largest EV Transmission manufacturer. It provides solutions for Manual Transmission and Automatic Transmission. The company specializes in crafting drivetrain systems and related components for a diverse array of vehicles, spanning passenger cars, utility vehicles, commercial vehicles, and agri-
cultural machinery.
Product Categories:
a) 4WD
b) MT and synchronisers
c) EV Powertrain
d) Automatic Transmission
Product Profile:
a) 4WD Transfer case
b) Precision Grinding and Honing operation for transmission components
c) Components
d) Synchronizers
e) EV Assembly
f) Transfer Case Export Components
g) Manual Transmission
h) Automatic /Dual Clutch Transmission Components
h) RWD Applications
Production Facilities:
The company has 4 manufacturing units in Maharashtra and Karnataka, with an installed capacity in terms of pieces per year:
Transfer Case-ESOF ~30,000
Transfer Case- Mech ~30,000
TM Coupler-Nextrac ~23,100
Synchronizers Assembly ~504,000
Synchronizers Assembly ~14,58,600
Torq Transfer System ~168,000
Components Gears ~588,000
EV Transmission ~100,000
Clientele:
Tata, Mahindra, Toyota Kirloskar, Borg Warner, Force Motors, Ashok Leyland
Export Countries:
USA, Mexico, UK, Portugal, Germany, China, Korea, and Thailand
This is just to boost my confidence. No Suggestions for buying.
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial advisor before making any decisions.
