Greaves Cotton surges on incorporating wholly owned subsidiary in Dubai
Greaves Cotton is currently trading at Rs. 210.15, up by 4.90 points or 2.39% from its previous closing of Rs. 205.25 on the BSE.
The scrip opened at Rs. 205.70 and has touched a high and low of Rs. 211.00 and Rs. 204.05 respectively. So far 26335 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 244.55 on 31-Jul-2025 and a 52 week low of Rs. 120.05 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 218.00 and Rs. 189.95 respectively. The current market cap of the company is Rs. 4897.80 crore.
The promoters holding in the company stood at 55.78%, while Institutions and Non-Institutions held 5.53% and 38.69% respectively.
Greaves Cotton has incorporated wholly owned subsidiary (WOS) by name ‘Greaves International Trading FZE’ (GITFZE) in Dubai, United Arab Emirates, effective June 18, 2026. GITFZE has been incorporated with the primary objective of engaging in international trading and distribution activities of products and services offered by the Company. This strategic expansion is aimed at strengthening the Company’s global market presence, optimising its international supply chain, and driving business growth in overseas markets.
