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Greaves Cotton is currently trading at Rs. 171.95, up by 1.30 points or 0.76% from its previous closing of Rs. 170.65 on the BSE.

The scrip opened at Rs. 170.15 and has touched a high and low of Rs. 176.95 and Rs. 164.30 respectively. So far 521932 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 176.95 on 10-July-2024 and a 52 week low of Rs. 112.50 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 176.95 and Rs. 148.55 respectively. The current market cap of the company is Rs. 3996.36 crore.

The promoters holding in the company stood at 56.00%, while Institutions and Non-Institutions held 6.56% and 37.43% respectively.

Greaves Cotton’s wholly owned subsidiary--Greaves Finance has entered into partnership with ACKO, a tech?first insurer, to encourage seamless EV ownership in the country. The collaboration, under Greaves’ 100% ev?focused lending platform evfin, enables cross?selling of the offerings of ACKO on the platform, allowing consumers to access the most optimal insurance policies and financing options with convenience. The customers will get access to specialised financing support, and tailored financing solutions from evfin that are aligned with their unique preferences and requirements. It will also streamline the insurance scouting process for users, offering them affordable policies catered to their needs.   

The collaboration between evfin and ACKO aims to ease EV ownership and the financial burden on EV owners in cases of accidents and hospitalisations and drive new innovative EV?centric products, accelerating the adoption of sustainable mobility solutions in India. 

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.