Greaves Cotton Faces Significant Decline Amid Broader Market Weakness in Diesel Sector

Greaves Cotton, a small-cap player in the diesel engines industry, has experienced a significant decline of 7.34% on April 4, 2025. The stock's performance today has underperformed its sector by 1.98%, with an intraday low of Rs 198.8, reflecting a drop of 7.41%.
In terms of moving averages, Greaves Cotton is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The broader diesel engines sector has also faced challenges, falling by 5.08%.

The overall market sentiment has been negative, with the Sensex experiencing a sharp decline of 600.34 points, or 0.96%, after a negative opening. The Sensex is trading below its 50-day moving average, which is also below the 200-day moving average, further highlighting the bearish market conditions.

Over the past month, Greaves Cotton has seen a decline of 14.27%, contrasting with the Sensex's gain of 3.50%. Year-to-date, the stock has dropped 28.48%, while the Sensex has decreased by 3.32%. Despite these recent challenges, Greaves Cotton has shown a 43.94% increase over the past year, outperforming the Sensex's 1.77% gain.