Shares surged to a high of ₹207.50 after the engineering firm recorded a 44.2% revenue increase to ₹1,176 crore and a 41% jump in EBITDA, offsetting a drop in net profit to ₹5 crore. The earnings hit stemmed from ₹32.75 crore in exceptional items, including an impairment loss and expenses from a dropped subsidiary public offering. Managing Director Parag Satpute emphasized that strategic diversification and international expansion will continue to guide the company's margin recovery efforts.
Key points
Underlying revenue growth across energy, mobility, and industrial solutions managed to sh…: Underlying revenue growth across energy, mobility, and industrial solutions managed to shield investor sentiment from one-off charges.
The share price successfully reclaimed its 50-day moving average and 200-day exponential…: The share price successfully reclaimed its 50-day moving average and 200-day exponential moving average during the rally.
Technical analysts recommend holding off on aggressive buying until the stock clearly ove…: Technical analysts recommend holding off on aggressive buying until the stock clearly overcomes resistance between ₹210 and ₹220.
Sources checked by our analysis pipeline: 1
Greaves Cotton share price jumped nearly 11% on Friday, October 30, after the company reported its September-quarter results.
Greaves Cotton shares rose as investors looked beyond the sharp fall in reported profit and focused on the company's underlying business growth. The profit decline was largely driven by one-off expenses rather than a broad-based slowdown in operations.
Strong demand across its core businesses, higher revenue and improved operating earnings pointed to continued business momentum. The company's plans to expand overseas, invest in technology and develop higher-value products also helped drive future growth.
The stock gained as much as 10.6% to hit the day's high of ₹207.50. However, the stock remained below its 52-week high of ₹272, recorded in July 2026. Its 52-week low stood at ₹120.05 in March 2026.
Greaves Cotton shares have declined 11% in one month and 12% in three months, although they have gained 23% in six months. Over the past year, the stock has fallen 12%.
Greaves Cotton reported an 81% year-on-year decline in net profit to ₹5 crore for the quarter ended September 30, 2026, compared…
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Strong demand across contract manufacturing and affordable medicine segments fueled a substantial earnings surge, prompting the pharmaceutical firm to declare an interim dividend of Re 1 per share. Operational milestones, including a newly launched peptide facility in Vizag, supported significant margin expansion during the quarter. However, analysts remain divided on the equity's long-term upside following an aggressive year-to-date rally that pushed valuations past some broker targets.
Digital asset markets tumbled after a major security failure at Binance exposed systemic cybersecurity vulnerabilities, prompting the exchange to pledge full reimbursement for affected accounts. Simultaneously, Britain's property sector faced mounting pressure as borrowing costs surged near multi-year highs. These dual developments illustrate growing headwinds across both alternative investments and traditional asset classes amid broader macroeconomic strains.