Carborundum Universal Share Price
- Advice
- Hold
Start SIP in Carborundum Universal
Start SIPCarborundum Universal Performance
Day Range
- Low 1,475
- High 1,517
52 Week Range
- Low 1,026
- High 1,841
- Open Price1,500
- Previous Close1,510
- Volume16145
Carborundum Universal Investment Rating
-
Master Rating:
-
Carborundum Universal has an operating revenue of Rs. 4,696.51 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 13% is healthy, ROE of 14% is good. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 12% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 57 which is a POOR score indicating inconsistency in earnings, a RS Rating of 47 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 89 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 664 | 656 | 635 | 643 | 659 | 628 |
| Operating Expenses Qtr Cr | 556 | 540 | 519 | 534 | 546 | 505 |
| Operating Profit Qtr Cr | 117 | 129 | 124 | 120 | 122 | 136 |
| Depreciation Qtr Cr | 20 | 19 | 18 | 18 | 17 | 23 |
| Interest Qtr Cr | 0 | 0 | 0 | 1 | 2 | 4 |
| Tax Qtr Cr | 26 | 30 | 30 | 26 | 27 | 28 |
| Net Profit Qtr Cr | 93 | 94 | 80 | 83 | 93 | 114 |
Carborundum Universal Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 3
- Bearish Moving Average
- ___
- 13
- 20 Day
- ₹1,550.45
- 50 Day
- ₹1,586.59
- 100 Day
- ₹1,544.66
- 200 Day
- ₹1,429.06
- 20 Day
- ₹1,539.83
- 50 Day
- ₹1,629.52
- 100 Day
- ₹1,594.99
- 200 Day
- ₹1,370.45
Carborundum Universal Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 1,556.93 |
| Second Resistance | 1,604.02 |
| Third Resistance | 1,631.23 |
| RSI | 38.76 |
| MFI | 40.01 |
| MACD Single Line | -33.94 |
| MACD | -31.73 |
| Support | |
|---|---|
| First Support | 1,482.63 |
| Second Support | 1,455.42 |
| Third Supoort | 1,408.33 |
Carborundum Universal Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 132,445 | 7,480,494 | 56.48 |
| Week | 105,788 | 6,582,129 | 62.22 |
| 1 Month | 153,726 | 9,800,060 | 63.75 |
| 6 Month | 225,804 | 12,394,386 | 54.89 |
Carborundum Universal Result Highlights
Carborundum Universal Synopsis
NSE-Machinery-Gen Industrial
Carborundum Uni. is involved in the business activities of Manufacture of millstones, sharpening or polishing stones and natural or artificial abrasive products, including abrasive powder or grain on a base of textile material, paper, paper board or other material. Company’s Total Operating Revenue is Rs. 2633.18 Cr. and Equity Capital is Rs. 19.03 Cr. for the Year ended 31/03/2024. Carborundum Universal Ltd. is a Public Limited Listed company incorporated on 21/04/1954 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L29224TN1954PLC000318 and registration number is 000318.| Market Cap | 28,731 |
| Sales | 2,639 |
| Shares in Float | 11.23 |
| No of funds | 189 |
| Yield | 0.26 |
| Book Value | 12.52 |
| U/D Vol ratio | 1.6 |
| LTDebt / Equity | |
| Alpha | -0.01 |
| Beta | 1.01 |
Carborundum Universal Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 41.16% | 41.23% | 41.28% | 41.28% |
| Mutual Funds | 26.57% | 27.38% | 28.35% | 27.83% |
| Insurance Companies | 1.58% | 1.59% | 1.41% | 1.8% |
| Foreign Portfolio Investors | 12.76% | 11.72% | 10.63% | 10.15% |
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
| Individual Investors | 13.41% | 13.52% | 13.73% | 14.11% |
| Others | 4.51% | 4.55% | 4.59% | 4.82% |
Carborundum Universal Management
| Name | Designation |
|---|---|
| Mr. M M Murugappan | Chairman |
| Mr. Sridharan Rangarajan | Managing Director |
| Mr. Sanjay Jayavarthanavelu | Director |
| Mr. Aroon Raman | Director |
| Mr. P S Raghavan | Director |
| Mr. Sujjain S Talwar | Director |
| Mr. Soundara Kumar | Director |
Carborundum Universal Forecast
Price Estimates
Carborundum Universal Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-07-30 | Quarterly Results | |
| 2024-05-03 | Audited Results & Final Dividend | |
| 2024-01-31 | Quarterly Results & Interim Dividend | |
| 2023-10-27 | Quarterly Results | |
| 2023-08-02 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-02-12 | INTERIM | Rs.1.50 per share(150%)Interim Dividend |
| 2023-02-10 | INTERIM | Rs.1.50 per share(150%)Interim Dividend |
| 2022-02-22 | INTERIM | Rs.1.50 per share(150%)Interim Dividend |
| 2021-02-12 | INTERIM | Rs.1.50 per share(150%)Interim Dividend |
Carborundum Universal FAQs
What is Share Price of Carborundum Universal ?
Carborundum Universal share price is ₹1,487 As on 09 September, 2024 | 09:43
What is the Market Cap of Carborundum Universal ?
The Market Cap of Carborundum Universal is ₹28296.8 Cr As on 09 September, 2024 | 09:43
What is the P/E ratio of Carborundum Universal ?
The P/E ratio of Carborundum Universal is 61.4 As on 09 September, 2024 | 09:43
What is the PB ratio of Carborundum Universal ?
The PB ratio of Carborundum Universal is 8.7 As on 09 September, 2024 | 09:43