20% Surge in Greaves Cotton Ltd’s Shares On December 27, 2024
On December 27, 2024, Greaves Cotton Ltd’s shares displayed exceptional performance in the Indian stock market (NSE). The company’s stock closed at ₹282.07, marking a 20% or ₹47.01 increase from its previous close of ₹235.06.
Key Highlights:
- Intraday Performance:
Greaves Cotton Ltd’s stock was trading at ₹248.29 at 11:14 AM. After that, the stock maintained an upward trajectory throughout the day, eventually closing at ₹282.07. - Day’s Movement:
The stock remained steady during the early hours of trading. However, it picked up momentum in the afternoon, delivering substantial gains to investors. - Volume Traded:
A total of 8,100 shares were traded during the day, indicating increased investor interest.
Reasons Behind the Surge:
The exact cause of this rally remains unclear. However, it could be attributed to recent positive announcements by the company, strong financial results, or the acquisition of a significant contract.
Message for Investors:
This remarkable performance by Greaves Cotton Ltd has drawn investors’ attention. However, after such a sharp surge, investors are advised to exercise caution and closely monitor market conditions before making investment decisions.

Disclaimer: This article is for informational purposes only. It is advisable to consult a financial expert before making any investments.