Asia
Greaves Cotton's Electric Mobility Arm Launches New Scooter; Shares Down 4%
Greaves Electric Mobility, a unit of Greaves Cotton (NSE:GREAVESCOT, BOM:501455), has launched a new product, Magnus Neo, under its electric two-wheeler brand, Ampere, according to a Friday filing to the Indian stock exchanges.The price of the new Ampere Magnus Neo starts at 86,999 Indian rupees.The company's shares were down nearly 4% in recent trade.
BOM:501455NSE:GREAVESCOT