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Greaves Cotton rides high as its arm launches new Reo Elite electric scooter

24 Dec 2019 Evaluate

Greaves Cotton is currently trading at Rs. 130.40, up by 0.15 points or 0.12% from its previous closing of Rs. 130.25 on the BSE.

The scrip opened at Rs. 132.55 and has touched a high and low of Rs. 132.75 and Rs. 129.40 respectively. So far 11074 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. 134.80 and Rs. 126.00 respectively. The current market cap of the company is Rs. 3010.31 crore.

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

Ampere Vehicles, wholly owned electric mobility subsidiary of Greaves Cotton, has launched a new Reo Elite, a trendy electric scooter with euro design starting at Rs 45,099 (ex-Bengaluru showroom).

The stylish Reo Elite scooter is light weight, sleek in shape and carefully crafted, keeping the urban millennials in mind. The techno-dashboard with clear bright digital display enables users to make a bold statement. This electric scooter from Ampere, is an economical choice since it allows more savings per kilometer while adhering to zero emission standards. With an optimum city driving range and easy charging facility, the 48V-20Ah battery ensures a smooth driving experience, enough for a commuter for a day drive in the city.

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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