India's Greaves Cotton rises after key shareholder adds stake

Greaves Cotton

28/08/2023 07:00

** Shares of Greaves Cotton  GRVL.NS  up as much as 5.1% to
140.5 rupees
    ** Stock on track for biggest intraday pct gain since June
5, and hits highest level since Aug. 10
    ** Key shareholder Karun Carpets bought 214,943 shares of co
via open market transactions on Friday, according to NSE data
    ** Trading volume at 2.1 mln shares as of 11:28 a.m. IST,
1.8x the 30-day avg
    ** As of last close, stock down 4.6% YTD

 (Reporting by Navamya Ganesh Acharya in Bengaluru)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))