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Greaves Cotton

EV manufacturer Greaves Electric eyes first annual net profit in FY25

Company likely to see net losses for FY23 & FY24

EV manufacturer Greaves Electric eyes first annual net profit in FY25
Updated On : 20 Feb 2023 | 12:01 AM IST

Greaves Cotton to acquire motion-control systems player Excel Controlinkage

Greaves Cotton to acquire motion-control systems player Excel Controlinkage

Greaves Cotton to acquire motion-control systems player Excel Controlinkage
Updated On : 09 Feb 2023 | 5:23 PM IST

Nifty outlook and two stock picks by Vinay Rajani of HDFC Securities

Sustainable level above 18,201 could result in to momentum buying in the coming sessions, which could take Nifty towards next resistance of 18,500

Nifty outlook and two stock picks by Vinay Rajani of HDFC Securities
Updated On : 25 Jan 2023 | 7:53 AM IST

Greaves Cotton to expand electric 2-wheeler portfolio to build market share

Greaves Electric Mobility Pvt Ltd, the company's arm, has electric two-wheeler models Primus, Magnus EX and Reo Plus under the Ampere brand umbrella

Greaves Cotton to expand electric 2-wheeler portfolio to build market share
Updated On : 16 Jan 2023 | 4:03 PM IST

Greaves Cotton unveils new 2-wheeler, 3-wheeler EVs at Auto Expo 2023

Engineering company Greaves Cotton on Wednesday unveiled its range of electric two-wheeler and three-wheeler electric vehicles at the ongoing Auto Expo 2023. The company at the event unveiled three two-wheelers under Ampere brand series -- Ampere Primus, Ampere NXG and a multi-utility scooter Ampere NXU which can be also used for deliveries. In the commercial three-wheeler segment, the company unveiled an electric passenger vehicle Greaves ELP, cargo EV Greaves ELC and a futuristic cargo concept Greaves Aero Vision. Greaves Electric Mobility Private Ltd, CEO and Executive Director, Sanjay Behl said Ampere Primus will be available during the ongoing quarter, while rest of the vehicles will be made available during the course of next financial year. "Ampere Primus is now open for bookings across India. Rest of the vehicles will be launched in the next financial year," Behl said. Greaves Cotton Executive Vice Chairman Nagesh Basavanhalli at the event shared the company's commitment t

Greaves Cotton unveils new 2-wheeler, 3-wheeler EVs at Auto Expo 2023
Updated On : 11 Jan 2023 | 12:23 PM IST

Ather Energy, Greaves Cotton exit EV association SMEV, choose Siam

SMEV was set up primarily for electric two-wheeler players and start-ups in this space. Its membership restricts the entry of companies that have ICE operations and use petrol

Ather Energy, Greaves Cotton exit EV association SMEV, choose Siam
Updated On : 09 Dec 2022 | 12:06 AM IST

Abdul Latif Jameel to invest $150 mn in Greaves Cotton's EV arm; stk up 14%

Abdul Latif Jameel will make an initial investment of Rs 1,160 crore for 35.8 per cent stake on a fully diluted basis in Greaves Electric Mobility

Abdul Latif Jameel to invest $150 mn in Greaves Cotton's EV arm; stk up 14%
Updated On : 02 Jun 2022 | 10:17 AM IST

Greaves Cotton zooms 11% as company's E-Mobility biz turns profitable in Q4

However, despite of today's rally the stock has underperformed the market by declining 28 per cent in the past one month as against a 8 per cent fall in the Sensex.

Greaves Cotton zooms 11% as company's E-Mobility biz turns profitable in Q4
Updated On : 13 May 2022 | 2:12 PM IST

Greaves Cotton rises 6%; rallies 15% in two days on heavy volumes

The company and Bounce Infinity have entered into an arrangement to provide battery swapping stations for Greaves Electric Vehicles.

Greaves Cotton rises 6%; rallies 15% in two days on heavy volumes
Updated On : 21 Mar 2022 | 10:46 AM IST

Greaves Cotton soars 20%, hits all-time high on the back of heavy volumes

Up 52% so far in Jan; demand has surged after EV arm reported strong sales

Greaves Cotton soars 20%, hits all-time high on the back of heavy volumes
Updated On : 10 Jan 2022 | 11:39 PM IST

Greaves Cotton soars 11%, hits all-time high; stock up 40% so far in Jan

The stock has been in demand after the company's arm Greaves Electric Mobility reported strong sales for December 2021

Greaves Cotton soars 11%, hits all-time high; stock up 40% so far in Jan
Updated On : 10 Jan 2022 | 10:45 AM IST

Greaves Cotton surges 24% in three days on strong December sales of EV arm

Greaves Cotton's e-mobility arm Greaves Electric Mobility on Sunday said it sold over 10,000 units in December 2021.

Greaves Cotton surges 24% in three days on strong December sales of EV arm
Updated On : 05 Jan 2022 | 12:31 PM IST

Greaves Cotton seeks investors for EV venture; starts 1-mn capacity unit

Plans to invest Rs 700 cr in the sector over 10 years. With e-scooters, e-rickshaws and e-autos, the company currently operates in 85 per cent of the E-mobility sector

Greaves Cotton seeks investors for EV venture; starts 1-mn capacity unit
Updated On : 23 Nov 2021 | 5:44 PM IST

Greaves Cotton stock spurts 7% after arm opens EV production facility in TN

Spread in 35 acre, the plant is located in the industrial centre of Tamil Nadu and will serve as an e-mobility hub for both domestic and export markets

Greaves Cotton stock spurts 7% after arm opens EV production facility in TN
Updated On : 23 Nov 2021 | 2:43 PM IST

Greaves Cotton hits over four-year high; stock rallies 39% thus far in June

The Gujarat government has announced its new electric vehicle (EV) policy, which provides a purchase incentive of Rs 10,000/kWh for EVs with the segment-wise limits

Greaves Cotton hits over four-year high; stock rallies 39% thus far in June
Updated On : 23 Jun 2021 | 2:38 PM IST

Greaves Cotton advances 10% on heavy volumes; stock nears record high

The government increased the subsidy on electric two-wheelers by 50 per cent, under the second phase of the FAME India scheme, making them more affordable

Greaves Cotton advances 10% on heavy volumes; stock nears record high
Updated On : 17 Jun 2021 | 11:47 AM IST

Greaves Cotton rallies 6% on heavy volumes; stock nears 52-week high

In the past one week, the stock of Greaves Cotton has soared 18 per cent, as compared to 0.41 per cent rise in the S&P BSE Sensex

Greaves Cotton rallies 6% on heavy volumes; stock nears 52-week high
Updated On : 14 Jun 2021 | 2:39 PM IST

Greaves Cotton to spend Rs 110 cr on capex; mostly on electric two wheelers

Diversified engineering company Greaves Cotton Ltd plans a capital expenditure of about Rs 110 crore this year of which majority will be on its electric two wheeler plant at Ranipet in Tamil Nadu

Greaves Cotton to spend Rs 110 cr on capex; mostly on electric two wheelers
Updated On : 02 Jun 2021 | 10:03 AM IST

Diversification paying, new segments form 26% of business: Greaves Cotton

Greaves Cotton's revenue in the third quarter of Financial Year 2020-21 was Rs 495 crore compared Rs 520 crore a year ago

Diversification paying, new segments form 26% of business: Greaves Cotton
Updated On : 18 Feb 2021 | 4:34 PM IST

Greaves Cotton extends rally on improved Q3 results; stock up 32% in 1 week

New electric vehicles (EV) capacity expansion plans in South India will help to provide best-in-class electric vehicles & help accelerate overall EV adoption in India, the company said

Greaves Cotton extends rally on improved Q3 results; stock up 32% in 1 week
Updated On : 17 Feb 2021 | 2:45 PM IST