The govt said that Greaves Electric Mobility failed to adhere to Phased Manufacturing Programme guidelines, hence it will need to return the subsidy of about Rs 124 cr claimed under the FAME-II scheme

Greaves Cotton sinks 10% as govt seeks to remove EV arm from FAME-2 scheme

Greaves Electric Mobility is a subsidiary of Greaves Cotton Ltd and operates under the Ampere brand. It offers a range of electric two-wheeler models, including Primus, Magnus EX, and Reo Plus. These models are part of the Ampere brand’s product lineup in the electric mobility segment.

Greaves Cotton tanks 10% after govt asks to repay subsidy over rule breach

Sharekhan is bullish on Greaves Cotton has recommended buy rating on the stock with a target price of Rs 183 in its research report dated May 15, 2023.

Buy Greaves Cotton; target of Rs 183: Sharekhan

Buzzing stocks L&T, Dr Reddy’s Lab, Vedanta, Biocon, JP Associates, PTC India, Indiabulls Real Estate, HPCL, Kesar India, Pricol, BASF, Bosch, Escorts, Venky’s India, SRF, Greaves Cotton, Raymond

Stocks to watch today — May 10, 2023

One of the oldest Indian companies in the world, Greaves Cotton, is now upping the ante with its electric division. Here are our first impressions of the flagship scooter from Greaves Electric Mobility.  Take a look.

#ampereprimus #firstridereview #greavescotton #cnbctv18 
#businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

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Ampere Primus First Ride Review : Has Greaves Cotton Delivered With Its Flagship Scooter?

Greaves Cotton to acquire Excel ControLinkage in four phases, with 60 per cent of the shareholding being acquired from existing shareholders through the secondary route

Greaves Cotton to acquire Excel ControLinkage for Rs 385 cr

Cotton Ltd., has entered a definitive agreement for the multi-tranche acquisition of Excel ControLinkage Private Ltd

Greaves Cotton Ltd., enters agreement to acquire Excel Controlinkage

Sharekhan is bullish on Greaves Cotton has recommended buy rating on the stock with a target price of Rs 183 in its research report dated March 15, 2023.

Stocks to watch: BoB, NBCC (India), SHalby, HFCL, REC, Paytm, Jubilant Foodworks, PNC Infratech, Greaves Cotton, Wipro, Zydus Lifesciences, Home First Finance, IFL Enterprises and Dredging Corp

Stocks that will see action on March 10, 2023

#GreavesCotton will acquire a 100% stake in motion-control systems company #ExcelControlinkage in four tranches till FY26 for a value of Rs 385 crore.

Executive VC Nagesh Basavanhalli talks about the acquisition. #BQLive  

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Greaves Cotton On Rs.385 Crore Acquisition Of Excel Controlinkage | BQ Prime

“EV as a theme is here to stay. So that way, TVS Motor, Greaves Cotton, will do well because one, a) valuation is on the side, b) volumes on the EV space are coming through and c), after the current cycle of interest rate hike, as it peaks, we will see a return of demand for two-wheeler segment.”

IT remains a strong sector with intact earnings growth: Chakri Lokapriya

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Greaves Cotton Limited is a diversified engineering company. The Company operates in five businesses: farm equipment, automotive engines, auxiliary power, construction equipment and industrial engines.

Greaves Cotton Ltd

Greaves Cotton Ltd

Scorecard

News & Opinions

Greaves Cotton sinks 10% as govt seeks to remove EV arm from FAME-2 scheme

Greaves Cotton tanks 10% after govt asks to repay subsidy over rule breach

Buy Greaves Cotton; target of Rs 183: Sharekhan

Stocks to watch today — May 10, 2023

News Video

Ampere Primus First Ride Review : Has Greaves Cotton Delivered With Its Flagship Scooter?

Greaves Cotton to acquire Excel ControLinkage for Rs 385 cr

Greaves Cotton Ltd., enters agreement to acquire Excel Controlinkage

Buy Greaves Cotton; target of Rs 183: Sharekhan

Stocks that will see action on March 10, 2023