India's Greaves Cotton hits record high of 319.50 rupees

Greaves Cotton

30/12/2024 09:59

** Shares of Greaves Cotton  GRVL.NS  rise as much as 13.4%
to record high of 319.50 rupees; last up 5.5%
    ** Trading volumes at 98.8 mln, 8.5x 30-day average
    ** Reuters could not immediately ascertain the reason behind
day's move
    ** GRVL gains for second straight session, gained 19.9% in
previous session
    ** Relative strength index (RSI) rises to 77.8, suggesting
stock might be overbought - LSEG data
    ** Stock more than doubled so far in 2024 vs 8.3% gains in
2023

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))