Greaves Cotton stock hits record high, zooms 31% in 3 days; here's why

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Greaves Cotton stock hits record high, zooms 31% in 3 days; here's why - Business Standard

Quick Summary:

The average trading volumes at the counter jumped over two-fold with a combined 30.9 million shares representing 13.3% equity of the company changing hands on the NSE and BSE till 02:57 pm.

The infrastructure, reality, retail and commercial sector holds the major share and is projected to maintain its position in coming years, Greaves said in an investor presentation.

At 02:57 pm; Greaves Cotton was trading 1.5 per cent higher at Rs 255.50, as compared to 0.02 per cent rise in the BSE Sensex.