New Delhi, Oct. 30 -- 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 Rs.207.50. However, the stoc...