Greaves Cotton arm launches Magnus G Max EV scooter with 100+ km range
News by Aliceblue News Desk
20 Jan 2026
Introduction
Leading electric two-wheeler brand introduced a new family electric scooter priced at ₹94,999, offering over 100 km range, LFP battery, and spacious under-seat storage.
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Share price movement of Greaves Cotton
On January 19, 2026, Greaves Cotton Ltd opened at ₹171.05, down 1.89% from its previous close of ₹174.35. The stock touched a high of ₹172.40 (-1.12%) and a low of ₹168.80 (-3.19%). By 4:01 PM, it traded at ₹170.25, a 2.35% decline, with a market cap of ₹3,964.18 crore.
Ampere Launches Magnus G Max Electric Scooter
Greaves Electric Mobility subsidiary Ampere launched the Magnus G Max electric scooter on January 19, 2026. The scooter targets everyday family mobility with a real-world range exceeding 100 kilometers. Greaves Electric Mobility Limited (GEML)is the electric mobility business of Greaves Cotton Limited (GCL).
The Magnus G Max is priced at ₹94,999 introductory and uses a 3 kWh LFP battery with a five-year or 75,000-kilometer warranty. It offers charging from 20% to 80% in 4.5 hours.
The scooter features 33-litre under-seat storage, a hub-mounted motor, multiple riding modes, and a top speed of 65 kmph. It is designed for daily urban commuting and household use.
Stock performance of Greaves Cotton for Period of 1 week, 6 months, and 1 year
Greaves Cotton Ltd delivered a -2.92% return over the past week, declined 16.7% over six months, and fell 31.9% over the past year.
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Shareholding pattern of Greaves Cotton
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 55.80% | 56% | 55.80% |
| FII | 2.30% | 2.60% | 2.50% |
| DII | 4.10% | 3.80% | 3.50% |
| Public | 37.90% | 37.80% | 38.20% |
About Greaves Cotton
Greaves Cotton Limited (NSE: GREAVESCOT) is a diversified engineering company providing fuel-agnostic mobility solutions through multiple business units, with strong focus on electric and sustainable mobility.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Greaves Cotton Limited share price in focus today?
A: Greaves Cotton Limited subsidiary Ampere launched Magnus G Max electric scooter at ₹94,999 with over 100 km range and 33-litre storage.
Q: What is Greaves Cotton Limited’s main business focus?
A: Greaves Cotton Limited operates diversified engineering and mobility businesses, including engines, electric mobility, retail, finance, and technology solutions.
Q: What is the 52-week high and low of Greaves Cotton Limited stock?
A: Greaves Cotton Limited stock has a 52-week high of ₹305.50 and a 52-week low of ₹160.10.
News Author
Aliceblue News Desk
