LIC Mutual Fund increased its stake in Divgi TorqTransfer Systems from 1.26% to 1.43%, buying 50,039 shares. The additional stake is valued at approximately ₹4.57 crore, based on Divgi TorqTransfer Systems' share price of ₹913.50.
A manufacturer of automotive components and drivetrain systems, Divgi TorqTransfer Systems produces transfer cases, gearboxes, and related mechanical parts for commercial and utility vehicles across India. Established in 1964, the company serves major Indian and international automakers through its vertically integrated manufacturing operations and technical expertise. Its specialization in torque transfer technology and precision engineering distinguishes it within the automotive components sector.
AMC arm of Life Insurance Corporation of India, the country's largest insurance company. Manages over Rs 30,000 crore. As India's pre-eminent state-owned insurer turns to asset management, LIC MF benefits from unmatched pan-India distribution through LIC's massive agent network. Focused on conservative equity and debt products for long-term retail savers.