Greaves Cotton moves up on the bourses
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Greaves Cotton is currently trading at Rs. 135.50, up by 4.35 points or 3.32% from its previous closing of Rs. 131.15 on the BSE.
The scrip opened at Rs. 132.50 and has touched a high and low of Rs. 136.20 and Rs. 131.45 respectively. So far 162305 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 184.25 on 24-Jun-2021 and a 52 week low of Rs. 66.00 on 02-Nov-2020.
Last one week high and low of the scrip stood at Rs. 141.30 and Rs. 129.30 respectively. The current market cap of the company is Rs. 3133.36 crore.
The promoters holding in the company stood at 55.63%, while Institutions and Non-Institutions held 13.17% and 31.20% respectively.
Greaves Cotton has reported net profit at Rs 8.34 crore for the quarter ended September 30, 2021 as compared to net loss of Rs 18.03 crore for the same quarter in the previous year. However, total income of the company increased marginally by 0.56% at Rs 291.60 crore for Q2FY22 as compared Rs 289.98 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners at Rs 23.29 crore for the quarter ended September 30, 2021 as compared to net loss of Rs 22.49 crore for the same quarter in the previous year. However, total income of the company increased by 14.70%
