Greaves Cotton Limited (NSE: GREAVESCOT) has appointed Mukul Kanchan as its Executive Director & CEO, effective October 1, 2026, subject to necessary approvals. With nearly two decades of experience across lending, corporate finance, private equity, and M&A, Mukul joins from Bengaluru-based employee benefits platform Plum, where he served as CFO.

Leadership in EV Financing

Mukul will lead Greaves Finance Limited’s (GFL) next phase of growth, scaling tailored financing for electric two-wheeler buyers through ev.fin, its 100% EV-focused lending platform. ev.fin, launched in 2023, is GFL’s consumer finance technology platform for electric mobility, working with EV manufacturers and their dealer networks to offer financing at the point of sale, serving customers across 86 cities.

Strategic Vision for Scaling EV Financing

Commenting on his appointment, Mukul Kanchan, Executive Director & CEO, Greaves Finance Limited, said, “Electric two-wheelers are fast becoming the everyday choice for India’s commuters, gig workers, and small businesses, and access to simple, fair credit is often what turns that intent into ownership. ev.fin has built strong foundations with leading EV OEM’s across the country. I am delighted to join Greaves Finance, and I look forward to scaling the business responsibly, with sharp credit discipline, a diversified funding base, and partnerships that make EV ownership easier for more Indians.”

At GFL, Mukul will focus on deepening ev.fin’s partnerships with EV OEM’s, including brands like Ampere, broadening the company’s funding base, and building a scalable, well-governed lending franchise with strong credit discipline.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Greaves Cotton Limited

Greaves Cotton Limited belongs to the Industrials › Specialty Industrial Machinery sector. Here’s a quick read on where the business and the stock stand today.

Greaves falls 20.2% over three months and has not found a floor yet. The PEG stands at 4.43 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 2.3x the volume of sellers. Moreover, they dominated on 15 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The stock rises -20.2% in three months on 8.6% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Greaves Cotton Limited.

Transformers And Rectifiers (India) Limited (NSE: TARIL) announced its financial results for the second quarter and half year ended on 30 September 2026. The company reported a robust performance with significant growth in key financial metrics. Revenue from operations stood at ₹709 crore during Q2FY27, marking a 66% year-on-year (YoY) increase. The earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 205% YoY to ₹114 crore. Profit before tax (PBT) and profit after tax (PAT) rose by 281% and 338% YoY to ₹99 crore and ₹75 crore respectively.

Strong Order Inflow and Unexecuted Order Book

The order inflow for Q2FY27 was ₹1,169 crore, reflecting a 97% YoY growth. The unexecuted order book stood at ₹7,237 crore as on 30 September 2026, indicating a 32% YoY increase. This substantial order book provides a solid revenue visibility and positions the company to service a larger opportunity pipeline across various markets.

Expansion and Capacity Enhancement

The company’s ongoing transformer manufacturing expansion at Changodar is nearing completion, with commercial production expected to commence around Diwali. This additional capacity will further strengthen the company’s ability to execute its growing order book and support the next phase of revenue growth. Alongside capacity enhancement, TARIL is strengthening its global customer engagement through its UK subsidiary, particularly across the US and European markets.

With these initiatives progressing as planned, TARIL remains on track to achieve its FY27 guidance. The company is investing in capacity, technology, and backward integration to contribute to India’s national growth journey and to build a stronger platform for sustainable, long-term growth.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Transformers And Rectifiers (India) Limited

Transformers And Rectifiers (India) Limited belongs to the Industrials › Electrical Equipment & Parts sector. Here’s a quick read on where the business and the stock stand today.

Transformers falls 12.5% over three months and has not found a floor yet. The PEG of 0.40 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Revenue grows at 21.5% and profits at 86.5% CAGR. Both numbers are exceptional. The stock gains 2.2% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Both the business and the stock move in the right direction. Revenue grows at 21.5%, profits at 86.5%, and the PEG sits at 0.40 — below its growth rate. That combination is rare. Check Fundamentals of Transformers And Rectifiers (India) Limited.

Eimco Elecon (India) Limited (EIMCOELECO) announced its unaudited financial results for the quarter & half-year ended 30th September 2026 – Q2 & H1 FY27. The company reported a robust performance with significant year-on-year growth. Revenue for the quarter increased to ₹57 crore from ₹33 crore in the corresponding period last year, representing a strong year-on-year growth of 70.9%.

Strong Revenue and Profit Growth

This performance was driven by robust execution of the order book, supported by healthy order inflows and sustained demand across key business drivers. The company’s EBITDA for the quarter increased by 108.8% year-on-year to ₹11 crore, with the EBITDA margin improving to 18.8%. Profit after tax (PAT) stood at ₹8 crore, registering a 46.5% year-on-year increase. Margins improved year-on-year, supported by better capacity utilization and efficient execution.

Optimistic Outlook

Margins are in line with the company’s targeted range of 18-20%. Kamlesh N. Shah, Executive Director, highlighted the sustained momentum in the business and effective execution of strategic priorities. The company remains focused on driving operational excellence while continuing to invest in capabilities that strengthen its competitive position and create sustainable value for stakeholders. Looking ahead, the company remains optimistic about the demand environment, supported by ongoing infrastructure development and increased mining activity.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Eimco Elecon (India) Limited

Eimco Elecon (India) Limited belongs to the Industrials › Farm & Heavy Construction Machinery sector. Here’s a quick read on where the business and the stock stand today.

Eimco gains 29.2% over three months and trades near its 52-week highs. Revenue grows at 10.2% and profits at 25.6% CAGR. The market consistently rewards this kind of compounding. The PEG of 1.30 sits close to fair value. The stock is neither a clear buy nor obviously expensive. The stock gives back 1.9% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Both the business and the stock move in the right direction. Revenue grows at 10.2%, profits at 25.6%, and the PEG sits at 1.30 — below its growth rate. That combination is rare. Check Fundamentals of Eimco Elecon (India) Limited.