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Greaves Cotton soars acquiring balance stake in Ampere Vehicles

06 Dec 2019 Evaluate

Greaves Cotton is currently trading at Rs. 133.50, up by 1.35 points or 1.02% from its previous closing of Rs. 132.15 on the BSE.

The scrip opened at Rs. 133.50 and has touched a high and low of Rs. 133.50 and Rs. 133.05 respectively. So far 200 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 157.25 on 04-Jun-2019 and a 52 week low of Rs. 112.60 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 137.50 and Rs. 132.00 respectively. The current market cap of the company is Rs. 3055.40 crore.

The promoters holding in the company stood at 51.90%, while Institutions and Non-Institutions held 30.52% and 17.58% respectively.

Greaves Cotton has acquired balance 5,000 equity shares from Hemalatha Annamalai in Ampere Vehicles, through secondary purchase. Pursuant to the completion of the acquisition of aforesaid shares, Ampere Vehicles became the wholly owned subsidiary of the Company with effect from December 5, 2019.

Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in diesel/petrol engines, farm equipment and Gensets.

Greaves Cotton Share Price

161.40 3.15 (1.99%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Cummins India 5141.75
Greaves Cotton 161.40
Swaraj Engines 4049.20
View more..

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