Grindwell Norton Ltd (GRINDWELL)
₹1775.35▲0.69%
Grindwell Norton Ltd Performance
| Returns % | |
| 1 Month Return | -2.3 % |
| 3 Month Return | -1.79 % |
| 1 Year Return | -1.68 % |
Analyst Rating
based on 6 analysts
Based on 6 analysts offering long term price targets for Grindwell Norton Ltd. An average target of ₹2167.17
Source: S&P Global Market Intelligence
Grindwell Norton Ltd Valuation
Grindwell Norton Ltd in the last 5 years
Lowest (25.38x)
March 24, 2020
Today (55.41x)
March 27, 2023
Highest (78.62x)
September 8, 2022
55.41x
Price to Earnings TTM Ratio
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 IMPACTPrice Rise
In the last 3 years, GRINDWELL stock has moved up by 285.0%
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 7.52% to 8.41% in Dec 2022 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, GRINDWELL has outperformed top 5 stocks with highest market-cap in Industrial Machinery & Equipment
NO EFFECTAgainst Peers
In the last 1 year, AIA Engineering Ltd has given 74.1% return, outperforming this stock by 75.8%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 58.08% to 58.03% in Dec 2022 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 649.64Cr → 612.93Cr (in ₹), with an average decrease of 5.7% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 14.49% to 13.61% in Dec 2022 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 18.81% to 18.65% in Dec 2022 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 92.43Cr → 80.19Cr (in ₹), with an average decrease of 6.8% per quarter
Grindwell Norton Ltd Peer Comparison
Grindwell Norton Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 58.03% | ||
| Foreign Institutions | 8.41% | 11.81 | |
| Mutual Funds | 13.61% | ||
| Retail Investors | 18.65% | ||
| Others | 1.29% | 18.01 |
Corporate Announcements
Grindwell Norton Ltd Earnings Results
Grindwell Norton Ltd’s net profit jumped 15.05% since last year same period to ₹80.19Cr in the Q3 2022-2023. On a quarterly growth basis, Grindwell Norton Ltd has generated -10.96% fall in its net profits since last 3-months.
Read MoreGrindwell Norton Ltd Dividends May,2022
In the quarter ending June 2022, Grindwell Norton Ltd has declared dividend of ₹12 - translating a dividend yield of 1.22%.
Read More
Grindwell Norton Ltd Company Information
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.
Grindwell Norton Ltd Share Price: ₹1775.35 per share as on 28 Mar, 2023 04:01 PM
Grindwell Norton Ltd Market Capitalisation: ₹22,478.93Cr as of today
Grindwell Norton Ltd Revenue: ₹612.93Cr as on December 2022 (Q4 22)
Grindwell Norton Ltd Net Profit: ₹80.19Cr as on December 2022 (Q4 22)
Grindwell Norton Ltd Listing date: 01 Jan, 1990
Grindwell Norton Ltd Chairperson Name: Keki M Elavia
| Organisation | Grindwell Norton Ltd |
| Headquarters | Mumbai |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Frequently Asked Questions
Grindwell Norton Ltd(GRINDWELL) share price today is ₹1775.35 (last updated 28 Mar, 2023 at 04:01 PM)
- Today’s highest price of Grindwell Norton Ltd(GRINDWELL) is ₹1791.95.
- Today’s lowest price of Grindwell Norton Ltd(GRINDWELL) is ₹1741.25.
- (last updated 28 Mar, 2023 at 04:01 PM)
| Grindwell Norton Ltd(GRINDWELL) | Price |
|---|---|
| 52 Week High | ₹2328.35 |
| 52 Week Low | ₹1451.00 |
| Grindwell Norton Ltd(GRINDWELL) | Returns (%) |
|---|---|
| 1 Day Returns | 0.69% |
| 1 Month Returns | -2.30% |
| 1 Year Returns | -1.68% |
| 3 Year Returns | 287.80% |
| 5 Year Returns | 249.31% |