Greaves Cotton Spikes Nearly 3%

BSE Sensex opened in green in Friday’s session and currently is trading up by 22 points or 0.08% at 28951 level. Nifty is also trading in green, up by 7 points or nearly 1% at 8934 levels.

It has traded on its 52 week high of Rs 169 per share on March 10, 2017. On a yearly basis, the stock has outperformed the BSE Consumer Goods index, but underperformed the BSE Small-cap index.

The stock opened at Rs 161 per share, and touched a high of Rs 169 per share . There are 956 advances, 583 declines and 382 unchanged  stocks on NSE, signalling positive vibes in the market.

Greaves Cotton Ltd is currently trading at Rs 165, up by Rs 4.7 or 2.93% from its previous closing of Rs 160.3 on the BSE.

The scrip opened at Rs 161.5 and has touched a high and low of Rs 169 and Rs 160.2 respectively. So far 858177(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 3914.63 crore.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 165.5 on 02-Mar-2017 and a 52 week low of Rs 115.2 on 26-Dec-2016. Last one week high and low of the scrip stood at Rs 164.8 and Rs 152.45 respectively. The promoters holding in the company stood at 51 % while Institutions and Non-Institutions held 34.62 % and 14.37 % respectively. The stock is currently trading above its 50 DMA. 

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