India's Greaves Cotton up after unit launches E-Rickshaw batteries

Greaves Cotton

29/08/2023 09:34

** Shares of Greaves Cotton  GRVL.NS  rise as much as 2.2%
to 147 rupees, highest since May 26
    ** Co's unit, Greaves Retail announced the launch of its
complete range of e-rickshaw batteries under the brand 'Power
Raja by Greaves'
    ** Greaves did not immediately respond to a Reuters request
for further details on the launch
    ** More than 4.7 mln shares change hands by 01:50 p.m. IST
vs 3.4x 30-day avg of 1.4 mln shares
    ** If trends stand, GRVL on track for second consecutive
session of gains
    ** Stock up 2.6% YTD up to last close


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))