MoneyWorks4Me

Greaves Cotton to suspend operations at Construction Equipment Business plant

13 Aug 2014 Evaluate

Greaves Cotton has decided to suspend operations at its Construction Equipment Business plant located at Gumidipoondi in state of Tamil Nadu, on account of challenging market conditions.

Greaves Cotton, a 1,900 crore, a multi-product, multi-location company, is one of the leading engineering companies in India with core competencies in diesel/petrol engines, diesel generators and construction equipments.

Peers
Company Name CMP
Cummins India 4338.90
Kirloskar Oil Engine 1784.30
Greaves Cotton 183.55
Swaraj Engines 3399.55
View more..