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Greaves Cotton announces Q1, FY24 earnings, EBITDA stood at Rs 45 Cr

Greaves Cotton saw a growth of 63 per cent y-o-y, and improvement in margins by 4 bps to 11.3 per cent. Company’s new acquisition Excel's revenue stands at Rs 39 crores with robust margins.Read more

Greaves Cotton to acquire motion control systems maker Excel Controlinkage

The engineering company Greaves Cotton took 100% equity stake of cable manufacturers Excel Controlinkagein possession. The acquisition made for Rs 385 crores will enhance Greaves’ electronics capabilities, international footprint and expand fuel-agnostic powertrains.Read more

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