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Divgi TorqTransfer Systems surges 11% on Maha govt's 'mega project' status

Business Standard LogoBusiness Standard3d ago

Divgi TorqTransfer Systems surges 11% on Maha govt's 'mega project' status - Business Standard

Quick Summary:

Shares of Divgi TorqTransfer Systems zoomed 10.6 per cent at 787.15 per share on the BSE in Friday's intraday.

At present, the shares of the company are trading at a price to earnings multiple of 54.75 times with an earning per share of Rs 12.99.

The letter conferred the status of “Mega Project” at one of the companies project situated at Chordia Industrial Park, in district of Satara.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-05 @ 14:28:02 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21490448

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 185 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Website Security: Secure (HTTPS)

Publisher ID: #49

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