Page 2 - Greaves Cotton

Ampere Electric to spend Rs 700 cr on e-mobility plant in Tamil Nadu

Spread over 1.4 mn sq ft, the proposed plant at Ranipet near Chennai will have a manufacturing capacity of 100,000 units initially

Greaves Cotton advances 17% in two days as promoter increases stake in firm

Thus far in November, D B H International Private Limited and Karun Carpets have collectively bought 1.86 million equity shares of the company for Rs 13.67 crore.

Greaves Cotton dips 3% post Q1 nos; Nagesh Basavanhalli steps down as CEO

The Board of the company approved the resignation of Nagesh Basavanhalli as Managing Director and CEO and appointed him as the Vice Chairman (Non-Executive) with immediate effect

Ampere acquires Noida-based E-three-Wheeler company Bestway Agencies

With this, Ampere will expand its presence in the disruptive e-Rickshaw segment to become an integrated last-mile e-mobility player with a strong presence in e-two-wheelers and e-three-wheelers

Greaves Cotton expects e-mobility, auto sectors to grow by 15-20%

Greaves Cotton recently completed the acquisition of EV manufacturer Ampere Vehicles, is looking at penetrating key metros across the country as part of its last-mile connectivity initiative.

Greaves Care, TVS Motor ink pact to support three-wheeler business

TVS Motors would have an assurance of robust service support from Greaves, enhancing the value proposition of the auto-rickshaws in a competitive market segment

Greaves Cotton completes Ampere Vehicles acquisition via secondary purchase

Takes absolute control as promoter Hemalatha Annamalai makes an exit

Greaves Cotton to acquire remaining 18.77% stake in EV maker Ampere

The company will make additional investment of around Rs 60 crore to take its stake in Ampere to 100%

'Greaves Cotton eyeing future-ready tech, becoming diversified engg firm'

Firm seeks to develop battery-swapping, fast-charging technologies, is working on a five-year plan and to grow this business to Rs 1 billion

Greaves Cotton to acquire electric vehicle company Ampere; stock surges 12%

The stock hit a 52-week high of Rs 165, up 12% on the BSE, trading close to its all-time high of Rs 178 touched on May 4, 2017 in intra-day trade.

Greaves Cotton to acquire Ratan Tata-backed Ampere Vehicles

Ratan Tata-backed Ampere has in-house capabilities in designing, developing, manufacturing & marketing electric vehicles with a wide range of applications

Greaves Cotton ties up with Piaggio Vehicles to develop BS-VI engines

Leading auto ancillary player Greaves Cotton has entered into an agreement with Italian two and three-wheeler maker Piaggio Vehicles India to develop new diesel and clean energy engines. The new engines to be developed will be meeting the BS-VI emission norms and will be run on diesel and alternate fuels in the clean energy space, the company said today. Greaves Cotton's engines is the market leader with close to 78 per cent market share in the diesel-driven 3- wheeler market and has recently crossed the 5-million engines powering various cargo and passenger vehicles in three-wheeler and micro four-wheeler space. Piaggio India started its association with Greaves Cotton in 1998-99 and has since then sold over 5 million engines to Italian major, which is also into four-wheelers with its micro-trucks in the under- 1,000 kg load capacity. Greaves has automotive engines plants in Aurangabad and Ranipet near Chennai while its R&D centers are in Aurangabad and Pune. It can

Delhi police raids shops selling spurious parts under Greaves Cotton brand

The police seized more than 3,144 spurious auto parts and counterfeit packaging materials in New Delhi

Greaves Cotton posts 5% Q1 revenue growth

However, net profit fell 11% to Rs 39 cr

Greaves Cotton gains after foraying into multi-brand spares business

The stock hit a high of Rs 145 and a low of Rs 141.10 so far during the day

Greaves Cotton extends gain on strong March quarter results

The stock was up 4% at Rs 146, extending its 7% rally in past two trading sessions on the BSE.

Greaves Cotton Q4 net up 58% at Rs 38 cr

Total revenue jumps to Rs 405 cr for Jan-March quarter of 2016