Grindwell Norton Ltd Analyst Rating
based on 5 analysts
40.00%
Buy
40.00%
Hold
20.00%
Sell
Based on 5 analysts offering long term price targets for Grindwell Norton Ltd. An average target of ₹2349.8
Source: S&P Global Market Intelligence
Grindwell Norton Ltd Share analysis
Grindwell Norton Ltd price forecast by 5 analysts
Upside of28.90%
High
₹2511
Target
₹2349.80
Low
₹2170
Grindwell Norton Ltd target price ₹2349.8, a slight upside of 28.9% compared to current price of ₹1833.6. According to 5 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Grindwell Norton Ltd revenue growth forecast
Expected growth rate Q1, FY2027:41.33%
Forecast
Actual
Including amortisation and stock based compensations
Grindwell Norton Ltd EPS growth forecast
EPS estimate Q1, FY2027:45.97%
Forecast
Actual
Source: S&P Global Market Intelligence
Grindwell Norton Ltd Performance
Day's Low
Day's High
₹1,815Day's Price Range₹1,847.852 Week's Low
52 Week's High
₹1,787.5552-Week Price Range₹4,64,670.03
| Returns % | |
| 1 Month Return | -10.13 % |
| 3 Month Return | -24.09 % |
| 1 Year Return | -19.71 % |
| Market Stats | |
| Previous Close | ₹1,822.95 |
| Open | ₹1,837.25 |
| Volume | 13.78K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹20,183.70Cr |
Grindwell Norton Ltd Key Statistics
| P/E Ratio | 53.95 |
| PEG Ratio | -145.81 |
| Market Cap | ₹20,183.70 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 Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹20,183.70 Cr | 36.87% | 0.53 | ₹383 Cr | ₹2,686 Cr | |
| HOLD | ₹33,026.28 Cr | 21.82% | 0.53 | ₹1,136 Cr | ₹4,853 Cr | |
| HOLD | ₹81,365.13 Cr | 80.5% | 0.52 | ₹1,720 Cr | ₹9,000 Cr | |
| HOLD | ₹74,544.01 Cr | 75.25% | 0.71 | ₹282 Cr | ₹23,892 Cr | |
| HOLD | ₹1,38,323.19 Cr | 81.15% | 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: ₹1833.60 per share as on 20 Jan, 2025 04:01 PM
Market Capitalisation: ₹20,183.70Cr as of today
Revenue: ₹690.71Cr as on September 2024 (Q3 24)
Net Profit: ₹97.09Cr as on September 2024 (Q3 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 |
Key events for Grindwell Norton Ltd
Grindwell Norton Stock Shows Favorable Trading Bias - 12 Dec, 2024
Grindwell Norton is currently priced at Rs 2,202, with a potential upside of 16%. Support levels are at Rs 2,126 and Rs 2,040, while resistance is at Rs 2,345. The stock is expected to maintain a favorable bias as long as it trades above Rs 2,040, with a possible rally towards Rs 2,555 if resistance is breached.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 15.81% to 17.19% in Dec 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 4 quarters, 92.16 Cr → 96.18 Cr (in ₹), with an average increase of 1.4% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Thermax Ltd has given 14.6% return, outperforming this stock by 36.2%
- NO EFFECT
Against Peers
In the last 3 years, AIA Engineering Ltd has given 76.3% return, outperforming this stock by 83.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.03% of holdings in Dec 2024 quarter
NEGATIVE IMPACTPrice Dip
In the last 1 month, GRINDWELL stock has moved down by -18.6%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 17.01% to 16.92% in Dec 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 721.77 Cr → 717.28 Cr (in ₹), with an average decrease of 0.6% per quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 8.26% to 6.97% in Dec 2024 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 (53.95x)
January 17, 2025
Industry (60.96x)
January 17, 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 -5.6% since last year same period to ₹96.18Cr in the Q2 2024-2025. On a quarterly growth basis, Grindwell Norton Ltd has generated 3.22% jump 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 1.72%.
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.
FAQs on Grindwell Norton Ltd
Grindwell Norton Ltd share price today stands at ₹1833.6, Open. ₹1837.25 ; Previous Close. ₹1822.95 ; High. ₹1847.8 ; Low. ₹1815 ; 52 Week High. ₹464670.03 ; 52 Week Low: ₹1787.55.
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Grindwell Norton Ltd is listed on NSE
Grindwell Norton Ltd is listed on BSE
- Today’s highest price of Grindwell Norton Ltd is ₹1847.8.
- Today’s lowest price of Grindwell Norton Ltd is ₹1815.
PE Ratio of Grindwell Norton Ltd is 53.95
PE ratio = Grindwell Norton Ltd Market price per share / Grindwell Norton Ltd Earnings per share
Today’s traded volume of Grindwell Norton Ltd(GRINDWELL) is 13.78K.
Today’s market capitalisation of Grindwell Norton Ltd(GRINDWELL) is ₹20183.7Cr.
| Grindwell Norton Ltd(GRINDWELL | Price |
|---|---|
52 Week High | ₹464670.03 |
52 Week Low | ₹1787.55 |
Grindwell Norton Ltd(GRINDWELL) share price is ₹1833.6. It is down -99.61% from its 52 Week High price of ₹464670.03
Grindwell Norton Ltd(GRINDWELL) share price is ₹1833.6. It is up 2.58% from its 52 Week Low price of ₹1787.55
| Grindwell Norton Ltd(GRINDWELL | Returns |
|---|---|
1 Day Returns | 10.65% |
1 Month Returns | -10.13% |
3 Month Returns | -24.09% |
1 Year Returns | -19.71% |