Greaves Cotton gained 1.76% to Rs 101.40 at 12:37 IST on BSE, as the company singed a pact with Tata Motors for supply of light diesel engines.
The stock hit a high of Rs 102.45 and a low of Rs 99.50 so far during the day. The stock has a 52-week high of Rs 466 on 2 January 2008 and a 52-week low of Rs 95 on 20 October 2008.
The company’s current equity is Rs crore. Face value per share is Rs 10.
The current price of Rs 101.40 discounts the company’s Q4 June 2008 annualized EPS of Rs 21.66, by a PE multiple of 4.68.
Greaves Cotton will declare its Q1 September 2008 results today, 24 October 2008. The company’s net profit fell 22.3% to Rs 26.45 crore on 13.5% increase in net sales to Rs 321.34 crore in Q4 June 2008 over Q4 June 2007.
The company manufactures and distributes diesel engines, power generation equipment and power transmission systems. It also manufactures oil field, construction and materials handling equipment and infrastructure equipments used in construction of roads, bridges, dams, mining and related accessories and spare parts.
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