Greaves Cotton Hits 52-Week High, Outperforms Sector with Strong Performance

Oct 21 2024 09:35 AM IST
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Greaves Cotton Ltd., a smallcap company in the diesel engines industry, has reached a 52-week high on October 21, 2024. The stock has been performing well, with a 'Hold' call from MarketsMojo and outperforming the sector by 0.94%. It has also seen a consecutive gain in the past two days and is currently trading above its moving averages, indicating a positive trend. With a strong 1-year performance of 48.56%, Greaves Cotton is a company to watch out for in the smallcap market.

Greaves Cotton Ltd., a smallcap company in the diesel engines industry, has recently hit a 52-week high on October 21, 2024. The stock has been performing well, with a 'Hold' call from MarketsMOJO. Today, the stock reached a new high of Rs.199, outperforming the sector by 0.94%.

In the past two days, Greaves Cotton has seen a consecutive gain and has risen by 3.6%. The stock also touched an intraday high of Rs.199, showing a 2.47% increase. Additionally, Greaves Cotton is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend.

In comparison to the Sensex performance of 24.34%, Greaves Cotton has shown a strong 1-year performance of 48.56%. This highlights the company's growth and potential in the diesel engines industry. With its recent 52-week high and positive performance, Greaves Cotton is a company to watch out for in the smallcap market.
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