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AutomobilesMedium impactAfter close

Greaves Cotton to invest ₹331 crore in EV subsidiary

after close1 source ↓written by the desknot a recommendation

investment
₹331.12 crore
sold
400,000 units
recently reached
52-week high of ₹245.5

Greaves Cotton has approved a ₹331.12 crore investment in its subsidiary, Greaves Electric Mobility Private Limited, through a rights issue. This move aims to enhance product development and manufacturing capabilities as the Ampere brand surpasses 400,000 units sold. The stock recently reached a 52-week high of ₹245.5.

This strategic infusion underscores Greaves Cotton's commitment to expanding its footprint in the competitive electric vehicle market, potentially boosting investor sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 10 Jul 2026, 16:03 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

GREAVESCOT closed −0.5% on the day of the news, from ₹263.60 to ₹262.17; Nifty 0.0% over the same session.

Bulletin at 16:03 IST on 10 Jul 2026. Every change is measured from ₹263.60, the last close before it, on 10 Jul. Nifty 50 is measured over the same sessions.

  • GREAVESCOT close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GREAVESCOT closes around the bulletin against the close before the news, with Nifty 50 rebased to it216.68263.60310.52axis spans 43%before the news · 10 Jul263.60Nifty 50GREAVESCOTbulletinD0+1+3+56 Jul16 Jul27 JulReference close ₹263.60. 16 sessions from 6 Jul to 27 Jul; the price axis spans 43 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before10 Jul₹263.60basebase
On the day13 Jul₹262.17▼ −0.5%0.0%−0.6 pp difference
+1 session14 Jul₹262.66▼ −0.4%▼ −0.6%+0.3 pp difference
+3 sessions16 Jul₹256.43▼ −2.7%▼ −0.6%−2.2 pp difference
+5 sessions20 Jul₹245.72▼ −6.8%▲ +0.1%−6.9 pp difference
Gap at the open, % · ₹
▼ −1.6%−4.09 on 13 Jul
Day's range, % · ₹
4.4%≈ 12 high to low
Volume on the day
1.05×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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Source NSE UDiFF bhavcopy · GREAVESCOT on the desk →

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