Greaves Cotton Ltd is a diversified engineering company based in India. Established in 1859, the company specializes in manufacturing a wide range of industrial products, including diesel engines, electric vehicles (EVs), and power generation equipment. It operates across several sectors such as automotive, agriculture, and infrastructure. Greaves Cotton Share Price on NSE as of 22 October 2024 is 179.10 INR. Here will provide you more details on Greaves Cotton Share Price Target 2024, 2025, 2026 to 2030.
Greaves Cotton Ltd: Market Overview
- Open Price: ₹192.12
- High Price: ₹192.12
- Low Price: ₹177.77
- Previous Close: ₹192.85
- Volume: 3,929,565
- Value (Lacs): ₹7,033.92
- VWAP: ₹184.51
- UC Limit: ₹231.42
- LC Limit: ₹154.28
- P/E ratio: N/A
- Div yield: 1.12%
- 52-wk high: ₹199.00
- 52-wk low: ₹112.05
- Mkt cap: ₹4.18KCr
- Face Value: ₹2
Greaves Cotton Ltd Competitors
Here are 5 competitor companies of Greaves Cotton Ltd along with their approximate market capitalizations:
- Cummins India Ltd – ₹45,000 crore
- Kirloskar Oil Engines Ltd – ₹7,500 crore
- Ashok Leyland Ltd – ₹52,000 crore
- Tata Motors Ltd (Commercial Vehicles Segment) – ₹2,30,000 crore
- Bharat Forge Ltd – ₹52,000 crore
Greaves Cotton Share Price Chart
Greaves Cotton Share Price Target Tomorrow 2024 To 2030
Greaves Cotton Share Price Target Years | Share Price Target |
2024 | ₹205 |
2025 | ₹241 |
2026 | ₹274 |
2027 | ₹318 |
2028 | ₹358 |
2029 | ₹405 |
2030 | ₹468 |
Greaves Cotton Share Price Target 2024
Greaves Cotton share price target 2024 Expected target could be ₹205. Here are 3 key factors that could affect the growth of Greaves Cotton Share Price Target for 2024:
- Electric Vehicle (EV) Expansion: Greaves Cotton’s strong focus on electric vehicles, especially through its subsidiary Ampere, could drive growth. Increased adoption of EVs and government support for green energy will likely boost revenues.
- Diversification of Product Portfolio: The company’s expansion into newer sectors like clean energy and the agriculture equipment space can contribute positively to its growth, providing alternative revenue streams.
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Cost Management and Operational Efficiency: Effective cost control measures and improving operational efficiencies can positively influence profit margins, which could enhance investor confidence and the company’s share price.
Greaves Cotton Share Price Target 2025
Greaves Cotton share price target 2025 Expected target could be ₹241. Here are 3 key factors that could affect the growth of Greaves Cotton Share Price Target for 2025:
- Expansion in Electric Mobility: As electric mobility gains momentum, Greaves Cotton’s increasing presence in the electric vehicle (EV) market through its Ampere brand will be crucial. Continued growth in demand for EVs and charging infrastructure could drive the company’s revenue significantly.
- Government Policies and Incentives: Government initiatives supporting electric vehicles, clean energy, and manufacturing will likely create a favorable environment for Greaves Cotton’s growth. Policies encouraging EV adoption, subsidies, or incentives could directly benefit the company.
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Innovation and R&D Investment: Investment in research and development to innovate new products, particularly in electric and clean energy solutions, will be important for maintaining a competitive edge. Successful innovation can strengthen Greaves Cotton’s market position and boost investor sentiment.
Greaves Cotton Share Price Target 2030
Greaves Cotton share price target 2030 Expected target could be ₹468. Here are 3 key factors that could affect the growth of Greaves Cotton Share Price Target for 2030:
- Dominance in Electric Vehicle Segment: By 2030, Greaves Cotton’s success will heavily rely on its ability to establish a strong market presence in the electric vehicle (EV) sector. The company’s growth in EV production, sales, and supporting infrastructure could significantly drive long-term revenue.
- Global Expansion and Partnerships: Expanding its operations internationally and forming strategic partnerships with other technology and energy companies could open new markets and growth opportunities, boosting the company’s overall performance.
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Adapting to Technological Advancements: Keeping pace with rapid advancements in EV technology, battery innovations, and sustainable solutions will be essential. Companies that adapt and stay ahead of these trends will likely thrive, while those that don’t may face stagnation.
Greaves Cotton Ltd Shareholding Pattern
- Promoters: 55.88%
- FII: 1.04%
- DII: 3.83%
- Public: 39.24%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:Â http://www.greavescotton.com/
Greaves Cotton Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 26.33B | -2.45% |
Operating expense | 8.09B | 26.42% |
Net income | -1.35B | -273.36% |
Net profit margin | -5.14 | -277.85% |
Earnings per share | 8.60 | 80.97% |
EBITDA | 788.50M | -36.63% |
Effective tax rate | -34.48% | — |
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