India's Greaves Cotton hits highest level in 17 months
10/07/2026 11:04
BUZZ-India's Greaves Cotton hits highest level in 17 months ** Shares of India's Greaves Cotton GRVL.NS jump as much as 12.54% to 267 rupees, their highest level since January 31, 2025
** Industrial machinery and equipment maker's stock closes 10.93% higher at 263.16 rupees
** Trading volume at 19.65 million shares, more than 7 times the 30 day volumes of 2.69 million shares
** Separately, co said on Thursday that its board approved subscription up to 3.31 billion rupees ($34.72 million) in rights issue of co's unit Greaves Electric Mobility
** YTD stock up 37.41%
($1 = 95.3400 Indian rupees)
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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