Announced Wed, 24 Jun · 21:36 IST
Elpro International acquires stake in Greaves Cotton for Rs 5 Cr
ELPROINTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹172.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.0+0.0+0.2+0.3+0.9+1.3+1.6+3.8——
Up moveDown movePending
AI summary
Elpro International Ltd acquired 2,31,215 equity shares of Greaves Cotton Limited for Rs 5.00 Crores in cash. This is a fresh acquisition with no prior holding. Purpose is stated as investment, and it is not a related party transaction. Greaves Cotton is a 165-year-old listed engineering company in compressors, pumps and diesel engines, with consolidated revenue of Rs 3,436.62 Crores and total income of Rs 3,486.61 Crores in FY26.
Likely market impact
Small investment allocation but signals Elpro is building a financial stake in a larger established listed company. Likely minor impact on stock price.