02-07-2024 02:51 PM | Source: Accord Fintech
Greaves Cotton trades higher on the BSE

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Greaves Cotton is currently trading at Rs. 140.85, up by 3.70 points or 2.70% from its previous closing of Rs. 137.15 on the BSE.

The scrip opened at Rs. 137.55 and has touched a high and low of Rs. 143.00 and Rs. 135.65 respectively. So far 298081 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 175.50 on 23-Jan-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. 143.00 and Rs. 131.05 respectively. The current market cap of the company is Rs. 3289.61 crore.

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

Greaves Engineering, the engineering division of Greaves Cotton (GCL), has introduced its range of new CPCB IV+ Compliant Gensets, adhering to the latest standard set by the Central Pollution Control Board (CPCB). With a focus on addressing growing consumer demand for high performance, reliable, and sustainable power solutions, Greaves Engineering is offering CPCB IV+ compliant gensets across its diverse product portfolio, ranging from 5 kVA to 500 kVA in the < 800kW segment.

CPCB IV+ compliant gensets produce approximately 90% less NOx and particulate matter (PM), thereby reducing greenhouse gas emissions, making this range a significant milestone in the company’s pursuit of powering India sustainably in the < 800 kW segment. Greaves also offers gensets from 1010 kVA up to 2500 kVA.

With an extensive product portfolio ranging from compact models tailored for residential use, to heavy duty units designed for commercial and industrial applications, Greaves Engineering helps power India’s progress across sectors such as Malls, Manufacturing, Realty - Residential & Commercial, Infrastructure, Railways, Airports, Hospitals, BFSI, Educational institutions, Petrol stations, Data centres, Sports facilities, Government facilities, Warehousing, Temples & more.

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.