₹2126.65▲2.92%
2.61%
Low
Day's Volatility:3.00%
High
0.39%
12.37%
Low
52 Weeks Volatility:29.69%
High
17.32%
Returns % | |
1 Month Return | 9.13 % |
3 Month Return | -8.7 % |
1 Year Return | 12.47 % |
Market Stats | |
Previous Close | ₹2,066.35 |
Open | ₹2,079.20 |
Volume | 43.09K |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹23,546.27Cr |
based on 6 analysts
Based on 6 analysts offering long term price targets for Grindwell Norton Ltd. An average target of ₹2232.33
Source: S&P Global Market Intelligence
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 has a higher than industry average ROE of 21% and has seen a growth of 20% over the last five years. The company is reinvesting efficiently, leading to impressive earnings growth. However, earnings growth is expected to slow down as per current analyst estimates.
Grindwell Norton's High P/E Ratio Raises Concerns - 09 Apr, 2024
Grindwell Norton Limited's high P/E ratio of 58.6x compared to the market average is a cause for concern, despite recent earnings growth and anticipated future growth. Investors may be overly bullish on the stock, setting themselves up for disappointment if the P/E falls in line with growth outlook.
Fundamentals of Grindwell Norton Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 14.38% to 14.92% in Mar 2024 quarter
Against Peers
In the last 1 year, Thermax Ltd has given 102.6% return, outperforming this stock by 90.2%
Against Peers
In the last 3 years, Schaeffler India Ltd has given 254.9% return, outperforming this stock by 124.4%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.03% of holdings in Mar 2024 quarter
Price Dip
In the last 6 months, GRINDWELL stock has moved down by -0.6%
FII Holding Down
Foreign Institutions have decreased holdings from 8.42% to 8.31% in Mar 2024 quarter
Profit Down
Netprofit is down for the last 2 quarters, 101.89 Cr → 92.16 Cr (in ₹), with an average decrease of 9.6% per quarter
Revenue Fall
Revenue is down for the last 2 quarters, 690.1 Cr → 674.4 Cr (in ₹), with an average decrease of 2.3% per quarter
Retail Holding Down
Retail Investor have decreased holdings from 18.09% to 17.76% in Mar 2024 quarter
Grindwell Norton Ltd in the last 5 years
Lowest (25.38x)
March 24, 2020
Today (60.35x)
April 30, 2024
Industry (87.79x)
April 30, 2024
Highest (78.62x)
September 8, 2022
Investors | Holdings % | Prev. 1 periods | 3M change |
---|---|---|---|
Promoter Holdings | 58.03% | 0.00 | |
Foreign Institutions | 8.31% | 0.00 | |
Mutual Funds | 14.92% | 0.00 | |
Retail Investors | 17.76% | 0.00 | |
Others | 0.98% | 0.00 |
Technicals of Grindwell Norton Ltd share
News & Events of Grindwell Norton Ltd
Grindwell Norton Ltd (GRINDWELL) share price today is ₹2126.65
Grindwell Norton Ltd is listed on NSE
Grindwell Norton Ltd is listed on BSE
PE Ratio of Grindwell Norton Ltd is 60.35
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 43.09K.
Today’s market capitalisation of Grindwell Norton Ltd(GRINDWELL) is ₹23546.27Cr.
Grindwell Norton Ltd(GRINDWELL | Price |
---|---|
52 Week High | ₹2495 |
52 Week Low | ₹1863.6 |
Grindwell Norton Ltd(GRINDWELL) share price is ₹2126.65. It is down -14.76% from its 52 Week High price of ₹2495
Grindwell Norton Ltd(GRINDWELL) share price is ₹2126.65. It is up 14.12% from its 52 Week Low price of ₹1863.6
Grindwell Norton Ltd(GRINDWELL | Returns |
---|---|
1 Day Returns | 60.3% |
1 Month Returns | 9.13% |
3 Month Returns | -8.7% |
1 Year Returns | 12.47% |