Greaves Cotton Experiences Surge in Trading Activity and Investor Participation

Greaves Cotton Ltd., a small-cap player in the Compressors, Pumps & Diesel Engines industry, has emerged as one of the most active stocks today, with a total traded volume of 16,231,848 shares and a total traded value of approximately Rs 36.84 crore. The stock opened at Rs 206.2 and reached an intraday high of Rs 234.8, reflecting a significant increase of 14.48% from its previous close of Rs 205.11.
Over the past two days, Greaves Cotton has shown a strong performance, gaining 16.54% in returns and outperforming its sector by 12.65%. The stock has traded within a wide range of Rs 31.18 today, indicating notable volatility. Additionally, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price movement.

Investor participation has also increased, with a delivery volume of 563,000 shares on September 1, marking a 9.33% rise compared to the 5-day average. The stock's liquidity remains robust, accommodating trades of approximately Rs 0.53 crore based on 2% of the 5-day average traded value. Overall, Greaves Cotton's performance today highlights its active market presence and positive momentum.