Greaves Cotton rises on the BSE
Greaves Cotton is currently trading at Rs. 153.90, up by 1.05 points or 0.69% from its previous closing of Rs. 152.85 on the BSE.
The scrip opened at Rs. 153.05 and has touched a high and low of Rs. 157.95 and Rs. 153.05 respectively. So far 75609 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 258.85 on 21-Jan-2022 and a 52 week low of Rs. 129.15 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 157.95 and Rs. 148.45 respectively. The current market cap of the company is Rs. 3559.12 crore.
The promoters holding in the company stood at 55.54%, while Institutions and Non-Institutions held 12.05% and 32.41% respectively.
Greaves Electric Mobility (GEMPL), a wholly owned subsidiary of Greaves Cotton, has achieved the milestone of servicing 100,000 electric two wheelers in 275 cities across India through 350+ service touchpoint in the last 6 months (April-September 2022).
This achievement is testament to the company’s unwavering commitment towards meeting the rapidly increasing demand for Electric Vehicles (EVs), along with enhancing the last-mile mobility experience of its customers. This accomplishment also aligns seamlessly with GEMPL’s mission to transition its customers toward a sustainable electric mobility ecosystem and provide best-in-class service.
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.