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Greaves Cotton is currently trading at Rs. 138.45, up by 0.95 points or 0.69% from its previous closing of Rs. 137.50 on the BSE.

The scrip opened at Rs. 137.75 and has touched a high and low of Rs. 140.40 and Rs. 137.45 respectively. So far 65030 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.50 on 08-Sep-2022 and a 52 week low of Rs. 118.70 on 14-Mar-2023.

Last one week high and low of the scrip stood at Rs. 142.25 and Rs. 134.10 respectively. The current market cap of the company is Rs. 3212.04 crore.

The promoters holding in the company stood at 55.87%, while Institutions and Non-Institutions held 8.56% and 35.56% respectively.

MLR Auto, a subsidiary of Greaves Electric Mobility (GEMPL), the e-mobility business of Greaves Cotton, has entered into strategic partnership with Vidyuttech, a leading financing platform and lifecycle management service provider. Under the partnership, Vidyuttech will provide flexible financing for MLR's electric three-wheelers.

With Vidyuttech's financing and lifecycle management services expertise, MLR's customers across India will benefit from simplified electric vehicle ownership. Vidyuttech's unique pay-perkm battery lease & attractive interest rate of approximately 10 % is designed to facilitate the adoption of Electric 3-wheelers, making them an affordable and sustainable choice for customers. Moreover, Vidyuttech's commitment to providing over 90 % on-road funding for potential customers significantly reduces the burden of down payment, making electric vehicle ownership more accessible than ever before.

Greaves Cotton commonly known as Greaves is one of the leading and diversified engineering companies in India with a rich legacy and brand trust of over 160 years impacting a million lives every day.