Carborundum Universal Ltd share price logo

Carborundum Universal Ltd (CARBORUNIV)

₹1444.150.25%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Carborundum Universal Ltd share Performance

  • ₹1410
    ₹1459.95
    ₹1444.15
    downward going graph

    2.36%

    Low

    Day's Volatility:3.46%

    High

    1.09%

    downward going graph
  • ₹1025.6
    ₹1467.7
    ₹1444.15
    downward going graph

    28.98%

    Low

    52 Weeks Volatility:30.61%

    High

    1.63%

    downward going graph
1 Month Return10.95 %
3 Month Return29.66 %
1 Year Return29.05 %
Previous Close₹1,440.50
Open₹1,441.00
Volume90.52K
Upper Circuit-
Lower Circuit-
Market Cap₹27,406.61Cr

Analyst Rating

based on 12 analysts

BUY
75.00%
Buy
8.33%
Hold
16.67%
Sell

Based on 12 analysts offering long term price targets for Carborundum Universal Ltd. An average target of ₹1264.83

Source: S&P Global Market Intelligence

Company Information

Carborundum Universal Ltd (CUMI) is one of India's leading industrial conglomerates, incorporated in 1954. It is a part of the Murugappa Group, one of India's largest and oldest business conglomerates with operations in more than 20 countries.

CUMI's operations span a wide range of industries, including abrasives, ceramics, coatings, electro minerals, industrial ceramics, machine tools, and super abrasives. The company's top products include abrasive grains, bonded abrasives, coated abrasives, non-woven abrasives, and super abrasives. CUMI's popular brands include Carbo, Carborundum, CarboGold, and CarboJet.

Share Price: ₹1444.15 per share as on 29 Apr, 2024 04:01 PM
Market Capitalisation: ₹27,406.61Cr as of today
Revenue: ₹1,130.46Cr as on December 2023 (Q4 23)
Net Profit: ₹111.98Cr as on December 2023 (Q4 23)
Listing date: 24 Feb, 1995
Chairperson Name: M M Murugappan
OrganisationCarborundum Universal Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Carborundum Universal Ltd

  • Carborundum Universal's High P/E Ratio Raises Concerns - 27 Apr, 2024

    Carborundum Universal Limited's high P/E ratio of 59.1x is concerning, given that its earnings growth forecast is lower than the market average. The company has been performing well with impressive earnings growth, but investors may be setting themselves up for disappointment if the P/E falls to levels more in line with the growth outlook.

  • Institutional Investors in Carborundum Universal Ltd See Decrease in Market Cap - 09 Apr, 2024

    Carborundum Universal Ltd's market cap fell by ₹8.8b last week, resulting in losses for institutional investors. However, the company has seen a 28% one-year return which may have helped alleviate overall losses.

Fundamentals of Carborundum Universal Ltd

Insights on Carborundum Universal Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 101.88 Cr → 111.3 Cr (in ₹), with an average increase of 8.5% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, CARBORUNIV stock has moved up by 12.0%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 10.63% to 11.71% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 128.8% return, outperforming this stock by 99.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 598.1% return, outperforming this stock by 423.1%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 4 quarters, 1.25K Cr → 1.17K Cr (in ₹), with an average decrease of 2.2% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 28.35% to 27.38% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 41.28% to 41.23% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 18.25% to 17.99% in Mar 2024 quarter

Carborundum Universal Ltd Valuation

Carborundum Universal Ltd in the last 5 years

  • Overview

  • Trends

Lowest (14.17x)

May 19, 2020

Today (59.04x)

April 26, 2024

Industry (86.80x)

April 26, 2024

Highest (59.04x)

April 26, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth2.46%
Kotak Small Cap Direct GrowthKotak Small Cap Direct Growth3.65%
SBI Multicap Fund Direct GrowthSBI Multicap Fund Direct Growth2.98%
SBI Magnum Midcap Fund Direct GrowthSBI Magnum Midcap Fund Direct Growth2.5%
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.91%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
41.23%
0.00
Foreign Institutions
11.71%
0.00
Mutual Funds
27.38%
0.00
Retail Investors
17.99%
0.00
Others
1.69%
0.00

Technicals of Carborundum Universal Ltd share

News & Events of Carborundum Universal Ltd

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Carborundum Universal Ltd shares.

Carborundum Universal Ltd (CARBORUNIV) share price today is ₹1444.15

Carborundum Universal Ltd is listed on NSE

Carborundum Universal Ltd is listed on BSE

  • Today’s highest price of Carborundum Universal Ltd is ₹1459.95.
  • Today’s lowest price of Carborundum Universal Ltd is ₹1410.

PE Ratio of Carborundum Universal Ltd is 59.04

PE ratio = Carborundum Universal Ltd Market price per share / Carborundum Universal Ltd Earnings per share

Today’s traded volume of Carborundum Universal Ltd(CARBORUNIV) is 90.52K.

Today’s market capitalisation of Carborundum Universal Ltd(CARBORUNIV) is ₹27406.61Cr.

Carborundum Universal Ltd(CARBORUNIVPrice
52 Week High
₹1467.7
52 Week Low
₹1025.6

Carborundum Universal Ltd(CARBORUNIV) share price is ₹1444.15. It is down -1.60% from its 52 Week High price of ₹1467.7

Carborundum Universal Ltd(CARBORUNIV) share price is ₹1444.15. It is up 40.81% from its 52 Week Low price of ₹1025.6

Carborundum Universal Ltd(CARBORUNIVReturns
1 Day Returns
3.65%
1 Month Returns
10.95%
3 Month Returns
29.66%
1 Year Returns
29.05%