Greaves Cotton's stock is currently trading at Rs. 169.50 on the BSE, marking a gain of 1.55 points or 0.92% from its previous close of Rs. 167.95. The stock opened at Rs. 169.55 and reached an intraday high of Rs. 170.95, with a low of Rs. 167.10. A total of 118,292 shares have been traded so far.

This BSE Group 'A' stock, with a face value of Rs. 2, has seen a 52-week high of Rs. 181.25 on July 31, 2024, and a low of Rs. 112.50 on June 4, 2024. Over the last week, the stock reached a high of Rs. 170.95 and a low of Rs. 161.40. The company's current market capitalization stands at Rs. 3,908.02 crore.

In terms of shareholding, the promoters hold 55.88% of the company, while institutions and non-institutional investors hold 4.92% and 39.19%, respectively.

Greaves Cotton’s wholly-owned subsidiary, Greaves Finance, has partnered with Bengaluru-based startup River Mobility through its 100% electric vehicle-focused lending platform, evfin. This collaboration aims to offer River customers nationwide access to competitive financing options, including low-interest loans and leasing solutions, making the purchase of River's electric scooters more affordable.

Evfin will provide River customers with loans starting at an attractive interest rate of 5.99%. The partnership is designed to enhance the accessibility of River's products to a wider audience of potential electric vehicle owners. Evfin's advanced digital platform promises a quick and hassle-free application process, with loan approvals completed in less than 5 minutes, ensuring a smooth customer experience.

Additionally, evfin offers innovative upgrade and buyback programs, enabling customers to easily transition to the latest River models or take advantage of attractive buyback options, maximizing the value of their investment.

Greaves Cotton, known simply as Greaves, is one of India's leading and diversified engineering companies, with over 160 years of legacy and trust, impacting millions of lives daily.