Greaves Cotton Ltd. Stock Sees 7.4% Increase, Outperforms Sector But Receives 'Sell' Call

Greaves Cotton Ltd., a smallcap company in the diesel engines industry, saw a 7.4% increase in its stock price on November 19, 2024. This rise was in line with the overall performance of the company, as it has been gaining for the past three days and has seen a 10.18% increase in returns during this period.

According to MarketsMOJO, a leading stock analysis and recommendation platform, the current call for Greaves Cotton Ltd. is 'Sell'. This is based on the stock's performance today, where it outperformed the sector by 5.67%. However, it is important to note that the stock's moving averages are higher than the 5-day, 100-day, and 200-day averages, but lower than the 20-day and 50-day averages.

In comparison to the Sensex, Greaves Cotton Ltd.'s performance has been better, with a 1-day performance of 7.67% compared to the Sensex's 1.35%. However, over the past month, the company's performance has been slightly lower than the Sensex, with a -7.85% return compared to the Sensex's -3.50%.

Overall, Greaves Cotton Ltd. has shown a positive trend in its stock price, with a recent increase and outperformance of the sector. However, investors should consider the current 'Sell' call by MarketsMOJO and the stock's lower performance compared to the Sensex over the past month before making any investment decisions.