Denso India is currently trading at its upper circuit limit of Rs. 55.50, up by 2.60 points or 4.91% from its previous closing of Rs. 52.90 on the BSE.The scrip opened at Rs. 55.50 and has touched a high and low of Rs. 55.50 and Rs. 55.50 respectively. The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 56.80 on 02-May-2012 and a 52 week low of Rs. 36.50 on 08-Feb-2013.Last one week high and low of the scrip stood at Rs. 55.50 and Rs. 45.05 respectively. The current market cap of the company is Rs. 154.73 crore.The promoters holding in the company stood at 73.46% while Institutions and Non-Institutions held 7.26% and 19.27% respectively.Denso India has received a letter from Denso Corporation, Japan, one of the Company’s promoters, informing the Company of its decision to voluntarily delist the Company’s Equity Shares from the stock exchanges on which they are presently listed, being the BSE Limited, Delhi Stock Exchange and Madras Stock Exchange in accordance with the Securities and Exchange Board of India Regulations, 2009 by making a delisting offer to the public shareholders to acquire upto 7,398,019 Equity Shares held by public shareholders in the Company representing 26.54% of the paid-up equity share capital of the Company.The Promoter presently holds 13,362,091 Equity Shares in the Company, representing 47.93% of the paid-up equity share capital of the Company. Further, the Equity Shares of the Company are permitted to be traded by National Stock Exchange of India (NSE).As per the notice received from the promoter, the objective of the Delisting Proposal is to increase ownership in the Company, which will provide the promoter with increased operational flexibility to support the Company’s business; and to provide an exit opportunity to the public shareholders of the Company, given the low liquidity in the Equity Shares of the Company.Denso is a leading global supplier of advanced automotive technology, systems and components, for all the world's major automakers. With over 120,000 employees in more than 33 countries, their global turnover places them amongst some of the largest companies in the world.

Denso India is currently trading at Rs. 56.50, up by 1.55 points or 2.82% from its previous closing of Rs. 54.95 on the BSE.The scrip opened at Rs. 57.45 and has touched a high and low of Rs. 57.85 and Rs. 56.00 respectively. So far 1,492 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 110.00 on 15-Oct-2010 and a 52 week low of Rs. 48.15 on 10-Oct-2011.Last one week high and low of the scrip stood at Rs. 57.85 and Rs. 53.50 respectively. The current market cap of the company is Rs. 119.00 crore.The promoters holding in the company stood at 73.46% while Institutions and Non-Institutions held 7.35% and 19.19% respectively. Denso India has received an approval to sell its small motors business to Denso Haryana. The sale will involve transfer of all assets (tangible and intangible), employees etc., of small motors business. The cash consideration for sale of small motors business is Rs 147.70 crore. Further, the sale is conditional upon company’s shareholders approval and other customary closing conditions. The notice of the shareholder postal ballot, draft resolutions and an explanatory statement will be sent to company’s shareholders in due course. Recently, Denso India’s board had decided to re-align / restructure the business segments to address operational and economic constraints and to focus on areas of future growth. The board at its meeting held on October 04, 2011 had examined and decided the alternatives in order to improve the profitability of the company.Denso India is engaged in the manufacturing and supply of electrical automotive components. The company provides its services to cater the needs of the Original Equipment Manufacturers (OEMs). The company's principal products include magneto, capacitor discharge ignition (CDI), alternator, starter, fan / blower motor and wiper.

Denso India is currently trading at Rs. 53.05, up by 0.45 points or 0.86% from its previous closing of Rs. 52.60 on the BSE.The scrip opened at Rs. 54.75 and has touched a high and low of Rs. 54.75 and Rs. 51.60 respectively. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 110.00 on 15-Oct-2010 and a 52 week low of Rs. 48.15 on 10-Oct-2011.Last one week high and low of the scrip stood at Rs. 56.00 and Rs. 48.15 respectively. The current market cap of the company is Rs. 146.65 crore.The promoters holding in the company stood at 73.46% while Institutions and Non-Institutions held 7.33% and 19.21% respectively.Denso India’s board has decided to re-align / restructure the business segments to address operational and economic constraints and to focus on areas of future growth. The board at its meeting held on October 04, 2011 has examined and decided the alternatives in order to improve the profitability of the company.The board decided to focus more on electrical parts business - Alternator and Starter in case of 4-wheelers and CDI and Magneto in case of 2-wheelers businesses and to exit small motors business subject to valuation and requisite approvals.Denso India is engaged in the manufacturing and supply of electrical automotive components. The company provides its services to cater the needs of the Original Equipment Manufacturers (OEMs). The company's principal products include magneto, capacitor discharge ignition (CDI), alternator, starter, fan / blower motor and wiper.