Introduction:
EV stock held by Vijay Kedia reported a 12.81% YoY revenue rise to ₹750.6 crore but saw a 64.14% profit decline in Q3 FY25. Despite challenges, operational efficiency improved, and the stock delivered a strong 53.42% six-month return, reflecting resilience and potential.
Share Price movement of Greaves Cotton:
On January 24, 2025, Greaves Cotton Ltd opened at ₹242.00, down 2.33% from its previous close of ₹247.75. The stock reached an intraday high of ₹247.80 and a low of ₹240.05 before closing at ₹240.40, down 2.97%, with a market cap of ₹5,588.86 crore.
Greaves Cotton Q3 Results:
On January 23, 2025, Greaves Cotton reported a 12.81% YoY revenue increase to ₹750.6 crore but a sharp 64.14% YoY profit decline to ₹20.81 crore. Despite the profit drop, operational income rose 33.8%, reflecting improved efficiency.
Compared to the previous quarter, revenue grew 6.42%, and profit surged 546.27%, signaling recovery despite year-over-year challenges. Selling, General & Administrative expenses rose 1.45% QoQ and 4.13% YoY, adding pressure on margins, while EPS fell 41.94% YoY to ₹0.72.
Greaves Cotton’s stock delivered a 53.42% return over six months, despite a -1.82% weekly return and -10.71% year-to-date. With a market cap of ₹5,759.73 crore, it trades between a 52-week high of ₹319.5 and a low of ₹112.05.
Also Read: Stocks To Watch For Budget 2025
Recent news About Greaves Cotton :
On January 21, 2025, Greaves Cotton showcased its innovative mobility solutions at Auto Expo 2025 in New Delhi, unveiling new ‘Made in India’ two- and three-wheelers, concept vehicles, powertrain systems, charging solutions, and aftermarket accessories, highlighting its commitment to sustainable mobility.
Stock performance of Greaves Cotton for Period of 1 week, 6 months and 1 year:
Greaves Cotton’s stock showed a 0.46% decline over the past week but demonstrated robust performance over longer periods, with a 51.1% gain in six months and a 50.3% increase over the past year, reflecting strong overall growth and resilience.
Also Read: Best Sectors To Watch For Budget 2025
Shareholding pattern of Greaves Cotton:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 55.88 | 55.88 | 55.88 |
| FII | 2.41 | 1.04 | 1.15 |
| DII | 3.5 | 3.82 | 3.77 |
| Retail & others | 38.2 | 39.22 | 39.17 |
About Greaves Cotton:
Greaves Cotton Ltd (NSE: GREAVESCOT), established in 1859, is a diversified engineering company specializing in powertrains, electric mobility, and farm equipment. With a strong focus on innovation and sustainability, it serves industries like automotive, agriculture, and energy, driving technological advancements and market leadership.
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.
