13 Aug 2025

Greaves Cotton Gains, Raises Stake in Subsidiary Excel Controlinkage to 80%

Greaves Cotton is currently trading at RS. 214.85, up by 1.15 points or 0.54% from its previous closing of RS. 213.70 on the BSE.

The stock opened at RS. 214.05 and touched a high of RS. 216.55 and a low of RS. 212.60 during the session. A total of 41,325 shares have been traded so far.

A BSE group 'A' stock with a face value of RS. 2, Greaves Cotton recorded a 52-week high of RS. 319.50 on December 30, 2024, and a 52-week low of RS. 154.50 on November 13, 2024. Over the last week, the stock’s high and low stood at RS. 219.50 and RS. 203.10, respectively. The company's current market capitalization is RS. 4996.84 crore.

The company’s shareholding pattern shows 55.81% held by promoters, 5.98% by institutions, and 38.21% by non-institutions.

Greaves Cotton has acquired an additional ~10% stake in its material subsidiary, Excel Controlinkage (Excel), through the secondary route. This acquisition increases the company’s total shareholding in Excel to 80%.

Greaves Cotton, popularly known as Greaves, is among India’s leading diversified engineering companies, with a long-standing legacy and brand trust, impacting millions of lives daily.