Grindwell Norton Ltd Share Price
(GRINDWELL)
₹1527.7
as on 04:01PM, 20 Feb 2025
🔔 Leadership Alert
Grindwell Norton appoints Venugopal Shanbhag as Managing Director, effective April 1, 2025.
Grindwell Norton Ltd Performance
Day's Low
Day's High
₹1,509.75Day's Price Range₹1,552.952 Week's Low
52 Week's High
₹1,509.7552-Week Price Range₹2,960
| Returns % | |
| 1 Month Return | -16.59 % |
| 3 Month Return | -24.71 % |
| 1 Year Return | -28.83 % |
| Market Stats | |
| Previous Close | ₹1,529.45 |
| Open | ₹1,522.40 |
| Volume | 44.87K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹16,934.07Cr |
Grindwell Norton Ltd Key Statistics
P/E Ratio
45.92
PEG Ratio
-23.79
Market Cap
₹16,934.07 Cr
P/B Ratio
10.27
EPS
34.68
Dividend Yield
0.9
Sector
Capital Goods-Non Electrical Equipment
ROE
19.78
Grindwell Norton Ltd Mutual Fund Holdings
Grindwell Norton Ltd Analyst Rating
based on 4 analysts
75.00%
Buy
0.00%
Hold
25.00%
Sell
Based on 4 analysts offering long term price targets for Grindwell Norton Ltd. An average target of ₹2176.5
Source: S&P Global Market Intelligence
Grindwell Norton Ltd Share analysis
Grindwell Norton Ltd price forecast by 4 analysts
Upside of42.31%
High
₹2511
Target
₹2176.50
Low
₹1695
Grindwell Norton Ltd target price ₹2176.5, a slight upside of 42.31% compared to current price of ₹1527.7. According to 4 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Grindwell Norton Ltd revenue growth forecast
Expected growth rate Q1, FY2027:38.80%
Forecast
Actual
Including amortisation and stock based compensations
Grindwell Norton Ltd EPS growth forecast
EPS estimate Q1, FY2027:40.23%
Forecast
Actual
Source: S&P Global Market Intelligence
What's happening today
Today's Timeline - Invalid Date
03:04 AM
-Venugopal Shanbhag appointed as Managing Director of Grindwell Norton, effective April 1, 2025.
Key events for Grindwell Norton Ltd
New Managing Director Appointed at Grindwell Norton - 21 Feb, 2025
Grindwell Norton has appointed Venugopal Shanbhag as the Managing Director, effective April 1, 2025, marking a significant leadership change for the company.Grindwell Norton Reports Q3 Results with Declining Profit - 15 Feb, 2025
Grindwell Norton reported a 5.79% year-over-year decline in profit for Q3 2025, totaling ₹86.82 crore, despite a revenue increase of 6.47%. The company faces a cautious outlook from analysts, with a consensus recommendation to Hold.Grindwell Norton Downgraded to Accumulate - 14 Feb, 2025
Grindwell Norton reported muted growth with revenue up 6.5% YoY and declining margins. Analysts downgrade the stock to Accumulate with a revised target price of Rs 1,890, citing potential revenue impacts from Chinese competition and slower exports.Grindwell Norton Q3 Results Show Mixed Performance - 13 Feb, 2025
Grindwell Norton reported a 6.4% increase in Q3 revenue to ₹702.60 crore, but net profit fell 4.5% to ₹87.96 crore due to higher expenses.
Insights on Grindwell Norton Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 717.28 Cr → 720.91 Cr (in ₹), with an average increase of 0.5% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 15.81% to 17.19% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Schaeffler India Ltd has given 5.2% return, outperforming this stock by 34.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.03% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, AIA Engineering Ltd has given 92.3% return, outperforming this stock by 95.5%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 8.26% to 6.97% in Dec 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, GRINDWELL stock has moved down by -37.9%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 17.01% to 16.92% in Dec 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 96.18 Cr → 86.82 Cr (in ₹), with an average decrease of 9.7% per quarter
Grindwell Norton Ltd Financials
Index Inclusions
Grindwell Norton Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 58.03% | 0.00 | |
| Foreign Institutions | 6.97% | ||
| Mutual Funds | 17.19% | 8.73 | |
| Retail Investors | 16.92% | ||
| Others | 0.89% | 0.50 |
Grindwell Norton Ltd Key Indicators
Grindwell Norton Ltd Valuation
Grindwell Norton Ltd in the last 5 years
Lowest (25.38x)
March 24, 2020
Today (45.92x)
February 19, 2025
Industry (48.31x)
February 19, 2025
Highest (86.03x)
July 4, 2024
Grindwell Norton Ltd Earnings and Dividends
Grindwell Norton Ltd Earnings Results
Grindwell Norton Ltd’s net profit fell -5.79% since last year same period to ₹86.82Cr in the Q3 2024-2025. On a quarterly growth basis, Grindwell Norton Ltd has generated -9.73% fall in its net profits since last 3-months.
Read More about Earnings ResultsGrindwell Norton Ltd Dividends May,2024
In the quarter ending March 2024, Grindwell Norton Ltd has declared dividend of ₹17 - translating a dividend yield of 2.06%.
Read More about Dividends
Grindwell Norton Ltd Technicals Summary
Bearish
Neutral
Bullish
Grindwell Norton Ltd is currently in a Bearish trading position according to technical analysis indicators.
Grindwell Norton Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹16,934.07 Cr | 29.77% | 0.53 | ₹383 Cr | ₹2,686 Cr | |
| HOLD | ₹32,151.93 Cr | 16.07% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| BUY | ₹74,575.12 Cr | 76.99% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹67,931.57 Cr | 91.16% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| HOLD | ₹1,08,578.67 Cr | 63.25% | 0.51 | NA | NA |
About Grindwell Norton Ltd
GNO is the largest producer of abrasive products in India and is known for its popular brands such as Norton, Carborundum, and Saint-Gobain. The company also offers a wide range of other products such as super abrasives, bonded abrasives, non-woven abrasives, and coated abrasives. GNO also produces a range of ceramic products such as alumina and zirconia. GNO's Performance Plastics division produces a range of engineering plastics, such as polycarbonate, polyamide, polyester, and polypropylene.
Share Price: ₹1527.70 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹16,934.07Cr as of today
Revenue: ₹699.20Cr as on December 2024 (Q4 24)
Net Profit: ₹87.97Cr as on December 2024 (Q4 24)
Listing date: 24 Aug, 1995
Chairperson Name: Keki M Elavia
| Organisation | Grindwell Norton Ltd |
| Headquarters | |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
FAQs on Grindwell Norton Ltd
What is Grindwell Norton Ltd price today?
Grindwell Norton Ltd share price today stands at ₹1527.7, Open: ₹1522.4, Previous Close: ₹1529.45, High: ₹1552.9, Low: ₹1509.75, 52 Week High: ₹2960, 52 Week Low: ₹1509.75.
How to Buy Grindwell Norton Ltd Share in India?
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Is Grindwell Norton Ltd listed on NSE?
Grindwell Norton Ltd is listed on NSE
Is Grindwell Norton Ltd listed on BSE?
Grindwell Norton Ltd is listed on BSE
What are today's High and Low prices of Grindwell Norton Ltd?
- Today's highest price of Grindwell Norton Ltd is ₹1552.9.
- Today's lowest price of Grindwell Norton Ltd is ₹1509.75.
What are today's traded volumes of Grindwell Norton Ltd?
Today's traded volume of Grindwell Norton Ltd(GRINDWELL) is 44.87K.
What is today's market capitalisation of Grindwell Norton Ltd?
Today's market capitalisation of Grindwell Norton Ltd(GRINDWELL) is ₹16934.07Cr.
What is the 52 Week High and Low Range of Grindwell Norton Ltd?
How much percentage Grindwell Norton Ltd is down from its 52 Week High?
Grindwell Norton Ltd (GRINDWELL) share price is ₹1527.7. It is down -48.39% from its 52 Week High price of ₹2960
How much percentage Grindwell Norton Ltd is up from its 52 Week low?
Grindwell Norton Ltd (GRINDWELL) share price is ₹1527.7. It is up 1.19% from its 52 Week Low price of ₹1509.75
What are the historical returns of Grindwell Norton Ltd?
What is the PE ratio of Grindwell Norton Ltd today?
PE Ratio of Grindwell Norton Ltd is 45.92
PE ratio = Grindwell Norton Ltd Market price per share / Grindwell Norton Ltd Earnings per share