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Greaves Cotton is currently trading at Rs. 143.40, up by 3.75 points or 2.69% from its previous closing of Rs. 139.65 on the BSE.The scrip opened at Rs. 140.00 and has touched a high and low of Rs. 144.80 and Rs. 135.40 respectively. So far 12209 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 142.90 and Rs. 129.25 respectively. The current market cap of the company is Rs. 3182.56 crore.The promoters holding in the company stood at 54.81%, while Institutions and Non-Institutions held 29.13% and 16.05% respectively.Greaves Cotton is eyeing to grow in line with the fast-growing e-mobility and automotive sectors going forward. The company expects the e-mobility and automotive segments to grow by almost 15-20 per cent over the coming years backed by the government`s push on reducing carbon emissions.The company had recently completed the acquisition of electric vehicles manufacturer Ampere Vehicles, is looking at penetrating key metros across the country as part of its last-mile connectivity initiative.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Revenue showed a marginal decline at Rs. 4946.70 millions. For the quarter ended December 2019, as compared to corresponding quarter of last year.A good growth in profit of 26.55% reported to Rs. 540.50 millions over Rs. 427.10 millions of corresponding previous quarter.The company reported a degrowth in operating Profit to 800.10 millions from 806.10 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 4946.70 5064.60 -2.33 14615.30 14597.00 0.13 19878.20 18397.00 8.05 Other Income 28.40 100.60 -71.77 165.00 330.70 -50.11 416.30 452.90 -8.08 PBIDT 800.10 806.10 -0.74 2140.70 2378.20 -9.99 3163.60 3005.80 5.25 Interest 12.30 10.00 23.00 27.90 28.10 -0.71 33.30 8.10 311.11 PBDT 834.90 746.10 11.90 2210.20 2300.10 -3.91 2951.60 3479.40 -15.17 Depreciation 111.60 120.70 -7.54 377.50 371.40 1.64 488.30 523.50 -6.72 PBT 723.30 625.40 15.65 1832.70 1928.70 -4.98 2463.30 2955.90 -16.66 TAX 182.80 198.30 -7.82 457.90 609.60 -24.89 770.30 929.70 -17.15 Deferred Tax -28.10 -13.80 103.62 -105.30 -25.80 308.14 -131.50 28.80 -556.60 PAT 540.50 427.10 26.55 1374.80 1319.10 4.22 1693.00 2026.20 -16.44 Equity 462.40 488.40 -5.32 488.40 488.40 0.00 488.40 488.40 0.00 PBIDTM(%) 16.17 15.92 1.62 14.65 16.29 -10.10 15.91 16.34 -2.59
Greaves Cotton is currently trading at Rs. 132.50, up by 0.20 points or 0.15% from its previous closing of Rs. 132.30 on the BSE.The scrip opened at Rs. 132.20 and has touched a high and low of Rs. 132.95 and Rs. 131.95 respectively. So far 966 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 132.95 and Rs. 128.10 respectively. The current market cap of the company is Rs. 3065.80 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.Ampere Vehicles, a wholly owned electric mobility subsidiary of Greaves Cotton, has expanded its Electric Vehicle distribution network with 23 new dealerships across the country since September 2019, taking the brand`s presence across India.With the new dealership stores, commuters will now have access to an exciting range of high performing e-scooters that are eco-friendly with running cost as low as 15 paise per kilometer.Commuters in different regions of India can now buy all of Ampere’s existing and soon to be launched e-scooters from the dealerships in the states of Karnataka, Kerala, Tamil Nadu, Odisha, West Bengal, Uttar Pradesh, Uttarakhand and Rajasthan. Ampere’s e-scooters include the fast selling hi-speed EV ‘Zeal’ - along with medium to low-speed models like V-48 LA, Magnus 60, Reo LA and REO Li.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Greaves Cotton is currently trading at Rs. 131.30, up by 0.90 points or 0.69% from its previous closing of Rs. 130.40 on the BSE.The scrip opened at Rs. 130.70 and has touched a high and low of Rs. 131.30 and Rs. 130.65 respectively. So far 1110 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 132.75 and Rs. 127.85 respectively. The current market cap of the company is Rs. 3020.72 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.Greaves Care, the multi-brand spares and services arm of diversified engineering company Greaves Cotton, has signed a pact with city-based TVS Motors to offer support to the latter`s three-wheeler business across the country.Under this partnership, around 165 Greaves Care Centres will provide service support in the form of free services, warranty, post warranty. TVS Motors would have an assurance of robust service support from Greaves, enhancing the value proposition of the auto-rickshaws in a competitive market segment.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Greaves Cotton is currently trading at Rs. 130.00, up by 0.20 points or 0.15% from its previous closing of Rs. 129.80 on the BSE.The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 131.20 and Rs. 128.10 respectively. So far 4134 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 134.80 and Rs. 127.85 respectively. The current market cap of the company is Rs. 3002.22 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.Ampere Vehicles, wholly owned electric mobility subsidiary of Greaves Cotton, has launched a new Reo Elite, a trendy electric scooter with euro design starting at Rs 45,099 (ex-Bengaluru showroom). The stylish Reo Elite scooter is light weight, sleek in shape and carefully crafted, keeping the urban millennials in mind. The techno-dashboard with clear bright digital display enables users to make a bold statement. This electric scooter from Ampere, is an economical choice since it allows more savings per kilometer while adhering to zero emission standards. With an optimum city driving range and easy charging facility, the 48V-20Ah battery ensures a smooth driving experience, enough for a commuter for a day drive in the city.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Greaves Cotton is currently trading at Rs. 130.40, up by 0.15 points or 0.12% from its previous closing of Rs. 130.25 on the BSE.The scrip opened at Rs. 132.55 and has touched a high and low of Rs. 132.75 and Rs. 129.40 respectively. So far 11074 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 134.80 and Rs. 126.00 respectively. The current market cap of the company is Rs. 3010.31 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.Ampere Vehicles, wholly owned electric mobility subsidiary of Greaves Cotton, has launched a new Reo Elite, a trendy electric scooter with euro design starting at Rs 45,099 (ex-Bengaluru showroom). The stylish Reo Elite scooter is light weight, sleek in shape and carefully crafted, keeping the urban millennials in mind. The techno-dashboard with clear bright digital display enables users to make a bold statement. This electric scooter from Ampere, is an economical choice since it allows more savings per kilometer while adhering to zero emission standards. With an optimum city driving range and easy charging facility, the 48V-20Ah battery ensures a smooth driving experience, enough for a commuter for a day drive in the city.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Greaves Cotton is currently trading at Rs. 133.50, up by 1.35 points or 1.02% from its previous closing of Rs. 132.15 on the BSE.The scrip opened at Rs. 133.50 and has touched a high and low of Rs. 133.50 and Rs. 133.05 respectively. So far 200 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 137.50 and Rs. 132.00 respectively. The current market cap of the company is Rs. 3055.40 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.Greaves Cotton has acquired balance 5,000 equity shares from Hemalatha Annamalai in Ampere Vehicles, through secondary purchase. Pursuant to the completion of the acquisition of aforesaid shares, Ampere Vehicles became the wholly owned subsidiary of the Company with effect from December 5, 2019.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Greaves Cotton is currently trading at Rs. 137.15, up by 0.10 points or 0.07% from its previous closing of Rs. 137.05 on the BSE.The scrip opened at Rs. 137.50 and has touched a high and low of Rs. 138.00 and Rs. 136.65 respectively. So far 6210 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 141.10 and Rs. 130.60 respectively. The current market cap of the company is Rs. 3345.63 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.Greaves Cotton has completed its acquisition of entire shareholding of Hemalatha Annamalai in Ampere Vehicles through secondary purchase, thereby acquiring absolute control in its subsidiary Ampere Vehicles. This is part of Greaves’ long-term strategy to strengthen and expand its presence in last-mile e-Mobility space that is seeing significant interest from government and commuters alike. Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Greaves Cotton is currently trading at Rs. 133.90, up by 2.25 points or 1.71% from its previous closing of Rs. 131.65 on the BSE.The scrip opened at Rs. 130.80 and has touched a high and low of Rs. 133.90 and Rs. 130.80 respectively. So far 5385 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.Last one week high and low of the scrip stood at Rs. 140.00 and Rs. 126.05 respectively. The current market cap of the company is Rs. 3251.61 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.Greaves Cotton’s wholly-owned subsidiary -- Greaves Leasing Finance has entered into partnership with WheelsEMI. Greaves Finance along with WheelsEMI aims at providing easy finance options to prospective electric vehicle buyers, hence enable millions of people to embrace eco-friendly vehicles.This move will make cost-conscious customers take a prudent decision while buying Ampere electric scooters. The financial products offered by WheelsEMI provide benefits such as credit accessibility, quick eligibility check, collateral-free loan, attractive interest rates and personal assistance through the entire process to all prospective buyers of Ampere Electric Vehicles.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
With no major difference for the quarter endedJune 2019 , the total revenue stood at Rs. 4768.40 millions.The Company`s Net profit for the June 2019 quarter have declined marginally to Rs. 381.70 millions as against Rs. 398.40 millions reported during the corresponding quarter ended.The Operating Profit of the company witnessed a decrease to 686.80 millions from 712.60 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 4768.40 4581.60 4.08 4768.40 4581.60 4.08 19878.20 18397.00 8.05 Other Income 74.20 103.30 -28.17 74.20 103.30 -28.17 416.30 452.90 -8.08 PBIDT 686.80 712.60 -3.62 686.80 712.60 -3.62 3163.60 3005.80 5.25 Interest 6.20 4.90 26.53 6.20 4.90 26.53 33.30 8.10 311.11 PBDT 680.60 707.70 -3.83 680.60 707.70 -3.83 2951.60 3479.40 -15.17 Depreciation 122.60 125.40 -2.23 122.60 125.40 -2.23 488.30 523.50 -6.72 PBT 558.00 582.30 -4.17 558.00 582.30 -4.17 2463.30 2955.90 -16.66 TAX 176.30 183.90 -4.13 176.30 183.90 -4.13 770.30 929.70 -17.15 Deferred Tax -4.20 -3.80 10.53 -4.20 -3.80 10.53 -131.50 28.80 -556.60 PAT 381.70 398.40 -4.19 381.70 398.40 -4.19 1693.00 2026.20 -16.44 Equity 488.40 488.40 0.00 488.40 488.40 0.00 488.40 488.40 0.00 PBIDTM(%) 14.40 15.55 -7.40 14.40 15.55 -7.40 15.91 16.34 -2.59
Greaves Cotton is currently trading at Rs. 131.35, up by 3.70 points or 2.90% from its previous closing of Rs. 127.65 on the BSE.The scrip opened at Rs. 131.20 and has touched a high and low of Rs. 132.65 and Rs. 129.45 respectively. So far 35810 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 165.00 on 04-Sep-2018 and a 52 week low of Rs. 111.10 on 24-Oct-2018.Last one week high and low of the scrip stood at Rs. 138.60 and Rs. 125.30 respectively. The current market cap of the company is Rs. 3201.55 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 29.64% and 18.46% respectively.Greaves Cotton has acquired 25,73,529 equity shares in its subsidiary Ampere Vehicles by way of investment through primary and secondary purchase for a total consideration of Rs 38.49 crore. With this investment, the company has increased its holding in Ampere to 81.23% from 67.34%. This investment follows the acquisition of Ampere Vehicles by Greaves in October 2018 with 67.34% stake for Rs 77crore. Greaves total investment in Ampere now stands at Rs 120.49 crore (including control premium) for 81.23% stake.The investment is part of Greaves` long-term growth strategy to deliver superior products & services in last-mile e-Mobility space, which is seeing significant interest from various quarters.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.
Greaves Cotton is currently trading at Rs. 149.25, up by 4.85 points or 3.36% from its previous closing of Rs. 144.40 on the BSE.The scrip opened at Rs. 146.35 and has touched a high and low of Rs. 149.50 and Rs. 145.85 respectively. So far 14001 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 165.00 on 04-Sep-2018 and a 52 week low of Rs. 111.10 on 24-Oct-2018.Last one week high and low of the scrip stood at Rs. 149.50 and Rs. 140.00 respectively. The current market cap of the company is Rs. 3526.35 crore.The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 29.64% and 18.46% respectively.Greaves Cotton’s e-mobility arm -- Ampere Vehicles has rolled out high-speed electric scooter Zeal under FAME-II scheme, priced at Rs 66,950 (ex-showroom Bengaluru with subsidy). The e-scooter will get a subsidy of Rs 18,000. It has a top speed of 55 kmph and a range of 75 km with charge time of 5.5 hours. The launch is part of the company`s strategic initiative to strengthen and expand presence in last-mile e-mobility space.Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.