Announced Fri, 19 Jun · 19:42 IST
Divgi TTS wins exclusive AWD system order from key Indian OEM customer
Compliance View source PDF
DIVGIITTS · price
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Price reaction · full curve 14 horizons · vs prior close
-3.2%1-day move
₹858.00
prior close
₹890.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2-2.7-2.6-2.7-3.2+0.6-0.5+2.4+16.8+13.4+10.8+11.3——
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AI summary
Divgi TorqTransfer Systems has secured a strategic 5-year order from an existing leading Indian OEM to supply ITM Assemblies, ECUs and PTU Assemblies for AWD variants of mid and full-sized SUVs. The program involves about 6,000 units per year, with production starting from Q1 FY28. This is the OEM's first FWD-based AWD variant for ICE powertrains, leveraging Divgi's NexTrac platform. The win provides multi-year revenue visibility and reinforces the company's AWD technology leadership.
Likely market impact
Positive for order book and revenue visibility through FY33. Production ramp-up only from Q1 FY28, so near-term impact is limited.