Greaves Cotton Ltd. Surges in Stock Price, Outperforms Sector and Market
Greaves Cotton Ltd., a smallcap company in the diesel engines industry, has recently seen a surge in its stock price, reaching a 52-week high of Rs.196.35 on October 17, 2024. According to financial analysis platform MarketsMojo, the stock call for Greaves Cotton is ‘Hold’, indicating steady performance in the near future. The company has outperformed its sector by 1.94% today and has shown consecutive gains for the last 4 days, with a 13.78% increase in returns. It is currently trading higher than its moving averages, reflecting a bullish trend and strong market position. With a remarkable 1-year performance of 44.58%, Greaves Cotton has proven to be a strong player in the market, outperforming the Sensex’s 21.97%…
