Greaves Cotton Ltd.

NSE: GREAVESCOT | BSE: 501455 | ISIN: INE224A01026 | Industry: Auto Parts & Equipment
| Expensive Performer

193.81
-2.89%
ICICI Securities Limited
Greaves Cotton (GCL) reported Q1FY18 numbers, which were lower than out estimates on operational profitability front led by lower margins. Coupled with the above, lower than other income and one off exceptional gain also impacted profitability. However, price hike in auto engines segment helped the company to post a marginal 1.4% YoY growth in revenues despite volume decline across all product categories (excluding gensets) During Q1FY18, volumes in the power gensets business rose form...
Greaves Cotton Ltd. has lost -30.97% in the last 3 Months
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