Vijay Kedia latest stock pick is Greaves Cotton

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Pee Vee
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Vijay Kedia latest stock pick is Greaves Cotton

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Vijay Kedia has bought 12L shares of Greaves Cotton at ₹209 for ₹25 Cr for his portfolio. M-Cap is ₹4900 Cr. Promoters hold 56%. Market share in diesel engines is 65-70%. Co is expanding into engines for green, CNG & biodiesel/ ethanol fuels. Co is Debt-Free with cash of ₹500 Cr. RoCE is 50%+

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