GREAVESCOT
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Greaves Cotton Dec-Quarter Consol Net Profit 255 Million Rupees
Feb 6 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON LTD DEC-QUARTER CONSOL NET PROFIT 255 MILLION RUPEES
GREAVES COTTON LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.75 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
Feb 6 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON LTD DEC-QUARTER CONSOL NET PROFIT 255 MILLION RUPEES
GREAVES COTTON LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 8.75 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
Greaves Cotton Says Greaves Electric Mobility Appoints Vikas Singh As MD
June 10 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON LTD - GREAVES ELECTRIC MOBILITY APPOINTS VIKAS SINGH AS MANAGING DIRECTOR
Source text: ID:nBSE70hz5Y
Further company coverage: GRVL.NS
(([email protected];;))
June 10 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON LTD - GREAVES ELECTRIC MOBILITY APPOINTS VIKAS SINGH AS MANAGING DIRECTOR
Source text: ID:nBSE70hz5Y
Further company coverage: GRVL.NS
(([email protected];;))
India's Greaves Cotton gains on regulatory nod for unit's IPO
** Shares of engineering company Greaves Cotton GRVL.NS rise 2.4% to 207.55 rupees
** Co's unit Greaves Electric Mobility gets Indian markets regulator's nod for IPO
** EV maker Greaves Electric had filed draft papers in December 2024, seeking to raise up to 10 billion rupees through a fresh issue
** The IPO will also include an offer for sale of up to 189 million shares
** Greaves Electric plans to use 3.75 billion rupees from the IPO proceeds to invest in product and technology development
** Greaves Cotton has dropped 27% in 2025 so far
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of engineering company Greaves Cotton GRVL.NS rise 2.4% to 207.55 rupees
** Co's unit Greaves Electric Mobility gets Indian markets regulator's nod for IPO
** EV maker Greaves Electric had filed draft papers in December 2024, seeking to raise up to 10 billion rupees through a fresh issue
** The IPO will also include an offer for sale of up to 189 million shares
** Greaves Electric plans to use 3.75 billion rupees from the IPO proceeds to invest in product and technology development
** Greaves Cotton has dropped 27% in 2025 so far
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Greaves Cotton March-Quarter Consol Net Profit 240.5 Million Rupees
April 30 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON MARCH-QUARTER CONSOL NET PROFIT 240.5 MILLION RUPEES
GREAVES COTTON LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.23 BILLION RUPEES
GREAVES COTTON LTD - DIVIDEND OF 2 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];;))
April 30 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON MARCH-QUARTER CONSOL NET PROFIT 240.5 MILLION RUPEES
GREAVES COTTON LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 8.23 BILLION RUPEES
GREAVES COTTON LTD - DIVIDEND OF 2 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];;))
Greaves Cotton Appoints Parag Satpute As Managing Director & Group CEO
April 14 (Reuters) - Greaves Cotton Ltd GRVL.NS:
APPOINTS PARAG SATPUTE AS MANAGING DIRECTOR & GROUP CEO
Source text: ID:nBSE4MxgzG
Further company coverage: GRVL.NS
(([email protected];;))
April 14 (Reuters) - Greaves Cotton Ltd GRVL.NS:
APPOINTS PARAG SATPUTE AS MANAGING DIRECTOR & GROUP CEO
Source text: ID:nBSE4MxgzG
Further company coverage: GRVL.NS
(([email protected];;))
India's Greaves Cotton rises on partnership to manufacture rare earth-free motors
** Shares of industrial manufacturer Greaves Cotton GRVL.NS up 4.98% to 182.73 rupees
** Co enters partnership with tech startup Chara Technologies to manufacture electric motors and controllers that use rare earth-free magnets
** The motors are more energy efficient and aim to de-risk the supply chain by replacing hard to source rare earth minerals, co says
** No financial details disclosed
** With session's rise, stock extends 12-month gains to about 34%
(Reporting by Ananta Agarwal in Bengaluru)
** Shares of industrial manufacturer Greaves Cotton GRVL.NS up 4.98% to 182.73 rupees
** Co enters partnership with tech startup Chara Technologies to manufacture electric motors and controllers that use rare earth-free magnets
** The motors are more energy efficient and aim to de-risk the supply chain by replacing hard to source rare earth minerals, co says
** No financial details disclosed
** With session's rise, stock extends 12-month gains to about 34%
(Reporting by Ananta Agarwal in Bengaluru)
Greaves Cotton Partners With Chara Technologies For Electric Mobility
April 9 (Reuters) - Greaves Cotton Ltd GRVL.NS:
PARTNERS WITH CHARA TECHNOLOGIES FOR ELECTRIC MOBILITY
Source text: ID:nBSE87LsJV
Further company coverage: GRVL.NS
(([email protected];;))
April 9 (Reuters) - Greaves Cotton Ltd GRVL.NS:
PARTNERS WITH CHARA TECHNOLOGIES FOR ELECTRIC MOBILITY
Source text: ID:nBSE87LsJV
Further company coverage: GRVL.NS
(([email protected];;))
Greaves Cotton Says Greaves Electric Mobility Partners With Indofast Energy
March 6 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES ELECTRIC MOBILITY PARTNERS WITH INDOFAST ENERGY
PARTNERSHIP UNVEILS AMPERE ‘MAGNUS SW.S’ WITH BATTERY SWAPPING TECHNOLOGY
Source text: ID:nBSE62H74
Further company coverage: GRVL.NS
(([email protected];;))
March 6 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES ELECTRIC MOBILITY PARTNERS WITH INDOFAST ENERGY
PARTNERSHIP UNVEILS AMPERE ‘MAGNUS SW.S’ WITH BATTERY SWAPPING TECHNOLOGY
Source text: ID:nBSE62H74
Further company coverage: GRVL.NS
(([email protected];;))
Greaves Cotton Says Bombay High Court Appoints Akash Rebello As Arbitrator In GCL V/S SK Agency Case
March 4 (Reuters) - Greaves Cotton Ltd GRVL.NS:
BOMBAY HIGH COURT APPOINTS AKASH REBELLO AS ARBITRATOR IN GCL V/S SK AGENCY CASE
Source text: ID:nNSE6NhB5c
Further company coverage: GRVL.NS
(([email protected];;))
March 4 (Reuters) - Greaves Cotton Ltd GRVL.NS:
BOMBAY HIGH COURT APPOINTS AKASH REBELLO AS ARBITRATOR IN GCL V/S SK AGENCY CASE
Source text: ID:nNSE6NhB5c
Further company coverage: GRVL.NS
(([email protected];;))
Greaves Cotton Dec-Quarter Consol Net Profit 208.1 Mln Rupees
Jan 23 (Reuters) - Greaves Cotton Ltd GRVL.NS:
DEC-QUARTER CONSOL NET PROFIT 208.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.51 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];;))
Jan 23 (Reuters) - Greaves Cotton Ltd GRVL.NS:
DEC-QUARTER CONSOL NET PROFIT 208.1 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 7.51 BILLION RUPEES
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];;))
India's Greaves Cotton hits record high of 319.50 rupees
** Shares of Greaves Cotton GRVL.NS rise as much as 13.4% to record high of 319.50 rupees; last up 5.5%
** Trading volumes at 98.8 mln, 8.5x 30-day average
** Reuters could not immediately ascertain the reason behind day's move
** GRVL gains for second straight session, gained 19.9% in previous session
** Relative strength index (RSI) rises to 77.8, suggesting stock might be overbought - LSEG data
** Stock more than doubled so far in 2024 vs 8.3% gains in 2023
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Greaves Cotton GRVL.NS rise as much as 13.4% to record high of 319.50 rupees; last up 5.5%
** Trading volumes at 98.8 mln, 8.5x 30-day average
** Reuters could not immediately ascertain the reason behind day's move
** GRVL gains for second straight session, gained 19.9% in previous session
** Relative strength index (RSI) rises to 77.8, suggesting stock might be overbought - LSEG data
** Stock more than doubled so far in 2024 vs 8.3% gains in 2023
(Reporting by Vijay Malkar)
(([email protected];))
India's Greaves Cotton rises after EV unit files for IPO
** Greaves Cotton GRVL.NS rises 2% to 234 rupees; set to snap a three-session losing streak
** Energy solutions provider's EV unit Greaves Electric Mobility plans to raise 10 bln rupees ($117 mln) via IPO, according to draft papers filed by it
** GRVL up ~50% YTD; on track for its biggest yearly gain in four years
($1 = 85.1590 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Greaves Cotton GRVL.NS rises 2% to 234 rupees; set to snap a three-session losing streak
** Energy solutions provider's EV unit Greaves Electric Mobility plans to raise 10 bln rupees ($117 mln) via IPO, according to draft papers filed by it
** GRVL up ~50% YTD; on track for its biggest yearly gain in four years
($1 = 85.1590 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
India's Greaves Electric Mobility Limited Files For IPO
Dec 23 (Reuters) - Greaves Cotton Ltd GRVL.NS:
INDIA'S GREAVES ELECTRIC MOBILITY LIMITED FILES FOR IPO - DRAFT PROSPECTUS
GREAVES ELECTRIC MOBILITY IPO: FRESH ISSUE OF SHARES WORTH UP TO 10 BILLION RUPEES
GREAVES ELECTRIC MOBILITY IPO: EXISTING SHAREHOLDERS SELLING 189.4 MILLION SHARES
GREAVES ELECTRIC MOBILITY IPO: PROCEEDS TO BE USED FOR IN-HOUSE BATTERY ASSEMBLY CAPABILITIES, MANUFACTURING EXPANSION
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
Dec 23 (Reuters) - Greaves Cotton Ltd GRVL.NS:
INDIA'S GREAVES ELECTRIC MOBILITY LIMITED FILES FOR IPO - DRAFT PROSPECTUS
GREAVES ELECTRIC MOBILITY IPO: FRESH ISSUE OF SHARES WORTH UP TO 10 BILLION RUPEES
GREAVES ELECTRIC MOBILITY IPO: EXISTING SHAREHOLDERS SELLING 189.4 MILLION SHARES
GREAVES ELECTRIC MOBILITY IPO: PROCEEDS TO BE USED FOR IN-HOUSE BATTERY ASSEMBLY CAPABILITIES, MANUFACTURING EXPANSION
Source text: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
Greaves Cotton Approves Offer For Sale Of Certain Shares Of GEML Held By Co In Proposed IPO
Dec 11 (Reuters) - Greaves Cotton Ltd GRVL.NS:
APPROVED OFFER FOR SALE OF CERTAIN SHARES OF GEML HELD BY CO IN PROPOSED IPO
Source text: ID:nNSE7GHh4Z
Further company coverage: GRVL.NS
(([email protected];;))
Dec 11 (Reuters) - Greaves Cotton Ltd GRVL.NS:
APPROVED OFFER FOR SALE OF CERTAIN SHARES OF GEML HELD BY CO IN PROPOSED IPO
Source text: ID:nNSE7GHh4Z
Further company coverage: GRVL.NS
(([email protected];;))
Greaves Cotton rises on board approval of subsidiary's IPO
** Shares of energy solutions provider Greaves Cotton GRVL.NS rise 3.01% to 192.60 rupees
** GRVL says board of e-scooter manufacturing subsidiary Greaves Electric Mobility (GEML) approves its IPO
** GEML's IPO will involve fresh issue of equity shares and sale of shares by some existing shareholders
** IPO subject to approval by GEML's shareholders
** Size of IPO, pricing and participant list to be disclosed soon, co says
** More than 7.1 mln shares traded, compared to 30-day avg of 2.49 mln
** GRVL stock has risen 26.8% YTD
(Reporting by Ananta Agarwal in Bengaluru)
** Shares of energy solutions provider Greaves Cotton GRVL.NS rise 3.01% to 192.60 rupees
** GRVL says board of e-scooter manufacturing subsidiary Greaves Electric Mobility (GEML) approves its IPO
** GEML's IPO will involve fresh issue of equity shares and sale of shares by some existing shareholders
** IPO subject to approval by GEML's shareholders
** Size of IPO, pricing and participant list to be disclosed soon, co says
** More than 7.1 mln shares traded, compared to 30-day avg of 2.49 mln
** GRVL stock has risen 26.8% YTD
(Reporting by Ananta Agarwal in Bengaluru)
Greaves Cotton Sept-Quarter Consol Net Profit 32.2 Million Rupees
Nov 12 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON SEPT-QUARTER CONSOL NET PROFIT 32.2 MILLION RUPEES
GREAVES COTTON SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.05 BILLION RUPEES
Further company coverage: GRVL.NS
(([email protected];))
Nov 12 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON SEPT-QUARTER CONSOL NET PROFIT 32.2 MILLION RUPEES
GREAVES COTTON SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.05 BILLION RUPEES
Further company coverage: GRVL.NS
(([email protected];))
Greaves Cotton's Says Ministry Of Heavy Industries Approved Registration Of Two-Wheeler Models Of GEMPL
Sept 9 (Reuters) - Greaves Cotton Ltd GRVL.NS:
MINISTRY OF HEAVY INDUSTRIES APPROVED REGISTRATION OF TWO-WHEELER MODELS OF GEMPL
APPROVAL MAKES IT ELIGIBLE FOR GOVERNMENT'S DEMAND INCENTIVES UNDER EMPS SCHEME
Source text for Eikon: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
Sept 9 (Reuters) - Greaves Cotton Ltd GRVL.NS:
MINISTRY OF HEAVY INDUSTRIES APPROVED REGISTRATION OF TWO-WHEELER MODELS OF GEMPL
APPROVAL MAKES IT ELIGIBLE FOR GOVERNMENT'S DEMAND INCENTIVES UNDER EMPS SCHEME
Source text for Eikon: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
Greaves Cotton Subscribe To Shares In Greaves Electric Mobility For 1.2 Bln Rupees
Aug 8 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON - SUBSCRIBE TO SHARES IN GREAVES ELECTRIC MOBILITY FOR 1.2 BILLION RUPEES
GREAVES COTTON - SUBSCRIBE TO SHARES IN GREAVES FINANCE FOR 380 MILLION RUPEES
Source text for Eikon: ID:nBSE3yjymr
Further company coverage: GRVL.NS
(([email protected];))
Aug 8 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES COTTON - SUBSCRIBE TO SHARES IN GREAVES ELECTRIC MOBILITY FOR 1.2 BILLION RUPEES
GREAVES COTTON - SUBSCRIBE TO SHARES IN GREAVES FINANCE FOR 380 MILLION RUPEES
Source text for Eikon: ID:nBSE3yjymr
Further company coverage: GRVL.NS
(([email protected];))
Greaves Cotton Says Greaves Finance Partners With Acko
July 10 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES FINANCE PARTNERS WITH ACKO
Source text for Eikon: ID:nBSE2r24mn
Further company coverage: GRVL.NS
(([email protected];;))
July 10 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES FINANCE PARTNERS WITH ACKO
Source text for Eikon: ID:nBSE2r24mn
Further company coverage: GRVL.NS
(([email protected];;))
Greaves Cotton Says Dividend At 2 Rupees Per Share
May 8 (Reuters) - Greaves Cotton Ltd GRVL.NS:
DIVIDEND 2 RUPEES PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 25.6 MILLION RUPEES VERSUS PROFIT 266.5 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.73 BILLION RUPEES VERSUS 8.27 BILLION RUPEES
Source text for Eikon: ID:nNSE7QS0f5
Further company coverage: GRVL.NS
(([email protected];))
May 8 (Reuters) - Greaves Cotton Ltd GRVL.NS:
DIVIDEND 2 RUPEES PER SHARE
MARCH-QUARTER CONSOL NET PROFIT 25.6 MILLION RUPEES VERSUS PROFIT 266.5 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.73 BILLION RUPEES VERSUS 8.27 BILLION RUPEES
Source text for Eikon: ID:nNSE7QS0f5
Further company coverage: GRVL.NS
(([email protected];))
Greaves Cotton Unit Greaves Electric Mobility Appoints K. Vijaya Kumar As CEO
April 5 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES ELECTRIC MOBILITY APPOINTS K. VIJAYA KUMAR AS EXECUTIVE DIRECTOR AND CEO
Source text for Eikon: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
April 5 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES ELECTRIC MOBILITY APPOINTS K. VIJAYA KUMAR AS EXECUTIVE DIRECTOR AND CEO
Source text for Eikon: [ID:]
Further company coverage: GRVL.NS
(([email protected];))
India's Greaves Cotton up after Q3 profit surges
** Shares of engineering firm Greaves Cotton GRVL.NS up 6% at 170 rupees
** GRVL says Dec-qtr consolidated profit before exceptional item and tax saw seven-fold jump, while rev from operations up 29.6%
** If gains hold, stock set to snap two straight sessions of losses; on track for best day since Aug, 2023
** Stock up nearly 13% YTD, after three straight years of gains
(Reporting by Rama Venkat in Bengaluru)
** Shares of engineering firm Greaves Cotton GRVL.NS up 6% at 170 rupees
** GRVL says Dec-qtr consolidated profit before exceptional item and tax saw seven-fold jump, while rev from operations up 29.6%
** If gains hold, stock set to snap two straight sessions of losses; on track for best day since Aug, 2023
** Stock up nearly 13% YTD, after three straight years of gains
(Reporting by Rama Venkat in Bengaluru)
India's Greaves Cotton up on partnership to sell electric three-wheelers
** Shares of Greaves Cotton GRVL.NS up 3% at 171.45 rupees
** Auto components maker's unit partners with EV maker Zero21 to sell and distribute latter's electric three-wheelers
** Co did not immediately respond to Reuters' request for comments on likely revenue gains
** Stock on track to rise for fourth straight session, if trend holds
** Stock gained 10.5% over three sessions in late Jan, hitting highest since Sept. 2022
(Reporting by Varun Vyas in Bengaluru)
** Shares of Greaves Cotton GRVL.NS up 3% at 171.45 rupees
** Auto components maker's unit partners with EV maker Zero21 to sell and distribute latter's electric three-wheelers
** Co did not immediately respond to Reuters' request for comments on likely revenue gains
** Stock on track to rise for fourth straight session, if trend holds
** Stock gained 10.5% over three sessions in late Jan, hitting highest since Sept. 2022
(Reporting by Varun Vyas in Bengaluru)
Greaves Cotton Says Greaves Electric Mobility Launches Showroom In Nepal
Dec 4 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES ELECTRIC MOBILITY ANNOUNCED ITS FORAY INTO GLOBAL MARKET
GREAVES ELECTRIC MOBILITY LAUNCHES SHOWROOM IN NEPAL
Source text for Eikon: ID:nBSE1tlbk5
Further company coverage: GRVL.NS
(([email protected];))
Dec 4 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES ELECTRIC MOBILITY ANNOUNCED ITS FORAY INTO GLOBAL MARKET
GREAVES ELECTRIC MOBILITY LAUNCHES SHOWROOM IN NEPAL
Source text for Eikon: ID:nBSE1tlbk5
Further company coverage: GRVL.NS
(([email protected];))
India's Greaves Cotton Reports Loss For Sept-Qtr
Nov 7 (Reuters) - Greaves Cotton Ltd GRVL.NS:
INDIA'S GREAVES COTTON SEPT-QUARTER CONSOL NET LOSS 1.91 BILLION RUPEES VERSUS PROFIT 288.8 MILLION RUPEES
GREAVES COTTON SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.27 BILLION RUPEES VERSUS 6.99 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: GRVL.NS
(([email protected];;))
Nov 7 (Reuters) - Greaves Cotton Ltd GRVL.NS:
INDIA'S GREAVES COTTON SEPT-QUARTER CONSOL NET LOSS 1.91 BILLION RUPEES VERSUS PROFIT 288.8 MILLION RUPEES
GREAVES COTTON SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.27 BILLION RUPEES VERSUS 6.99 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: GRVL.NS
(([email protected];;))
Greaves Cotton Conveyed Land In Favour Of Purchaser For 2.84 Bln Rupees
Nov 3 (Reuters) - Greaves Cotton Ltd GRVL.NS:
CONVEYED LAND IN FAVOUR OF PURCHASER FOR 2.84 BILLION RUPEES
Source text for Eikon: ID:nBSE97QBKN
Further company coverage: GRVL.NS
(([email protected];))
Nov 3 (Reuters) - Greaves Cotton Ltd GRVL.NS:
CONVEYED LAND IN FAVOUR OF PURCHASER FOR 2.84 BILLION RUPEES
Source text for Eikon: ID:nBSE97QBKN
Further company coverage: GRVL.NS
(([email protected];))
Greaves Cotton Says Enigma Automobiles Announced Strategic Partnership With Autoevmart By Co's Unit Greaves Retail
Aug 31 (Reuters) - Greaves Cotton Ltd GRVL.NS:
ENIGMA AUTOMOBILES ANNOUNCED STRATEGIC PARTNERSHIP WITH AUTOEVMART BY CO'S UNIT GREAVES RETAIL
Source text for Eikon: ID:nBSEc3qn4M
Further company coverage: GRVL.NS
(([email protected];))
Aug 31 (Reuters) - Greaves Cotton Ltd GRVL.NS:
ENIGMA AUTOMOBILES ANNOUNCED STRATEGIC PARTNERSHIP WITH AUTOEVMART BY CO'S UNIT GREAVES RETAIL
Source text for Eikon: ID:nBSEc3qn4M
Further company coverage: GRVL.NS
(([email protected];))
India's Greaves Cotton up after unit launches E-Rickshaw batteries
** Shares of Greaves Cotton GRVL.NS rise as much as 2.2% to 147 rupees, highest since May 26
** Co's unit, Greaves Retail announced the launch of its complete range of e-rickshaw batteries under the brand 'Power Raja by Greaves'
** Greaves did not immediately respond to a Reuters request for further details on the launch
** More than 4.7 mln shares change hands by 01:50 p.m. IST vs 3.4x 30-day avg of 1.4 mln shares
** If trends stand, GRVL on track for second consecutive session of gains
** Stock up 2.6% YTD up to last close
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Greaves Cotton GRVL.NS rise as much as 2.2% to 147 rupees, highest since May 26
** Co's unit, Greaves Retail announced the launch of its complete range of e-rickshaw batteries under the brand 'Power Raja by Greaves'
** Greaves did not immediately respond to a Reuters request for further details on the launch
** More than 4.7 mln shares change hands by 01:50 p.m. IST vs 3.4x 30-day avg of 1.4 mln shares
** If trends stand, GRVL on track for second consecutive session of gains
** Stock up 2.6% YTD up to last close
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's Greaves Cotton rises after key shareholder adds stake
** Shares of Greaves Cotton GRVL.NS up as much as 5.1% to 140.5 rupees
** Stock on track for biggest intraday pct gain since June 5, and hits highest level since Aug. 10
** Key shareholder Karun Carpets bought 214,943 shares of co via open market transactions on Friday, according to NSE data
** Trading volume at 2.1 mln shares as of 11:28 a.m. IST, 1.8x the 30-day avg
** As of last close, stock down 4.6% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
** Shares of Greaves Cotton GRVL.NS up as much as 5.1% to 140.5 rupees
** Stock on track for biggest intraday pct gain since June 5, and hits highest level since Aug. 10
** Key shareholder Karun Carpets bought 214,943 shares of co via open market transactions on Friday, according to NSE data
** Trading volume at 2.1 mln shares as of 11:28 a.m. IST, 1.8x the 30-day avg
** As of last close, stock down 4.6% YTD
(Reporting by Navamya Ganesh Acharya in Bengaluru)
(([email protected]; +91 8805175330 ;))
Greaves Cotton Says Greaves Retail Partners With Usha Financial Services
Aug 22 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES RETAIL PARTNERS WITH USHA FINANCIAL SERVICES
PARTNERSHIP TO PROVIDE FLEXIBLE FINANCING SERVICES FOR ELECTRIC THREE-WHEELER SEGMENT
Source text for Eikon: ID:nBSEc6KD8v
Further company coverage: GRVL.NS
(([email protected];;))
Aug 22 (Reuters) - Greaves Cotton Ltd GRVL.NS:
GREAVES RETAIL PARTNERS WITH USHA FINANCIAL SERVICES
PARTNERSHIP TO PROVIDE FLEXIBLE FINANCING SERVICES FOR ELECTRIC THREE-WHEELER SEGMENT
Source text for Eikon: ID:nBSEc6KD8v
Further company coverage: GRVL.NS
(([email protected];;))
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What does Greaves Cotton do?
Greaves Cotton Limited is a diversified engineering company that manufactures and markets diesel engines, petrol engines, generator sets, pump sets and construction equipment.
Who are the competitors of Greaves Cotton?
Greaves Cotton major competitors are Swaraj Engines, Sunrise Efficient, Kirloskar Oil Eng, Cummins India, The Anup Engineering, Sanghvi Movers, Windsor Machines. Market Cap of Greaves Cotton is ₹3,924 Crs. While the median market cap of its peers are ₹4,100 Crs.
Is Greaves Cotton financially stable compared to its competitors?
Greaves Cotton seems to be less financially stable compared to its competitors. Altman Z score of Greaves Cotton is 4.24 and is ranked 6 out of its 8 competitors.
Does Greaves Cotton pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Greaves Cotton latest dividend payout ratio is 79.62% and 3yr average dividend payout ratio is 53.17%
How has Greaves Cotton allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable, Short Term Loans & Advances
How strong is Greaves Cotton balance sheet?
Balance sheet of Greaves Cotton is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Greaves Cotton improving?
The profit is oscillating. The profit of Greaves Cotton is ₹34.62 Crs for TTM, ₹58.4 Crs for Mar 2025 and -₹135.27 Crs for Mar 2024.
Is the debt of Greaves Cotton increasing or decreasing?
Yes, The net debt of Greaves Cotton is increasing. Latest net debt of Greaves Cotton is ₹7.78 Crs as of Sep-25. This is greater than Mar-25 when it was -₹350.15 Crs.
Is Greaves Cotton stock expensive?
Greaves Cotton is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Greaves Cotton is 36.12, while 3 year average PE is 33.03. Also latest EV/EBITDA of Greaves Cotton is 18.15 while 3yr average is 42.7.
Has the share price of Greaves Cotton grown faster than its competition?
Greaves Cotton has given lower returns compared to its competitors. Greaves Cotton has grown at ~7.17% over the last 3yrs while peers have grown at a median rate of 40.55%
Is the promoter bullish about Greaves Cotton?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Greaves Cotton is 55.8% and last quarter promoter holding is 55.8%.
Are mutual funds buying/selling Greaves Cotton?
The mutual fund holding of Greaves Cotton is increasing. The current mutual fund holding in Greaves Cotton is 0.87% while previous quarter holding is 0.76%.
