Carborundum Universal
Carborundum Universal Performance
Day Range
- Low 1,164.00
- High 1,194.95
52 Week Range
- Low 829.90
- High 1,304.90
- Open Price1,180.45
- Previous Close1,161.50
- Volume133666
Start SIP in Carborundum Universal
Start SIPCarborundum Universal Investment Rating
-
Master Rating:
-
Carborundum Universal has an operating revenue of Rs. 4,736.25 Cr. on a trailing 12-month basis. An annual revenue growth of 41% is outstanding, Pre-tax margin of 12% is healthy, ROE of 14% is good. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its key moving averages, around 2% and 4% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 5% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 84 which is a GOOD score indicating consistency in earnings, a RS Rating of 42 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 86 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 643 | 659 | 628 | 634 | 610 | 600 | 580 |
Operating Expenses Qtr Cr | 534 | 546 | 505 | 529 | 507 | 504 | 494 |
Operating Profit Qtr Cr | 120 | 122 | 136 | 114 | 111 | 102 | 92 |
Depreciation Qtr Cr | 18 | 17 | 23 | 17 | 17 | 17 | 16 |
Interest Qtr Cr | 1 | 2 | 4 | 5 | 4 | 2 | 1 |
Tax Qtr Cr | 26 | 27 | 28 | 26 | 24 | 23 | 29 |
Net Profit Qtr Cr | 83 | 93 | 114 | 72 | 72 | 73 | 62 |
Carborundum Universal Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹1,132.42
- 50 Day
- ₹1,130.42
- 100 Day
- ₹1,132.28
- 200 Day
- ₹1,095.59
- 20 Day
- ₹1,113.88
- 50 Day
- ₹1,130.39
- 100 Day
- ₹1,151.19
- 200 Day
- ₹1,116.08
Carborundum Universal Resistance and Support
Resistance | |
---|---|
First Resistance | 1,202.00 |
Second Resistance | 1,213.95 |
Third Resistance | 1,232.95 |
RSI | 63.43 |
MFI | 68.75 |
MACD Single Line | 5.54 |
MACD | 16.94 |
Support | |
---|---|
First Resistance | 1,171.05 |
Second Resistance | 1,152.05 |
Third Resistance | 1,140.10 |
Carborundum Universal Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 144,739 | 10,497,920 | 72.53 |
Week | 298,789 | 14,449,436 | 48.36 |
1 Month | 283,595 | 15,575,040 | 54.92 |
6 Month | 224,451 | 13,325,645 | 59.37 |
Carborundum Universal Result Highlights
Carborundum Universal Synopsis
NSE-Machinery-Gen Industrial
Carborundum Uni. belongs to the Industry of Abrasives And Grinding Wheels. Company’s Total Operating Revenue is Rs. 2509.86 Cr. and Equity Capital is Rs. 18.99 Cr. for the Year ended 31/03/2023. 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 | 22,615 |
Sales | 2,607 |
Shares in Float | 11.21 |
No of funds | 170 |
Yield | 0.3 |
Book Value | 11.28 |
U/D Vol ratio | 1.8 |
LTDebt / Equity | |
Alpha | 0.13 |
Beta | 0.64 |
Carborundum Universal
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 41.28% | 41.5% | 41.52% | 41.89% |
Mutual Funds | 27.83% | 27.06% | 26.52% | 25.79% |
Insurance Companies | 1.8% | 2.16% | 2.1% | 2.19% |
Foreign Portfolio Investors | 10.15% | 9.98% | 9.36% | 9.08% |
Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | 0.01% |
Individual Investors | 14.11% | 14.01% | 14.12% | 14.18% |
Others | 4.82% | 5.28% | 6.37% | 6.86% |
Carborundum Universal Management
Name | Designation |
---|---|
Mr. M M Murugappan | Chairman |
Mr. N Ananthaseshan | Managing Director |
Mr. Soundara Kumar | Director |
Mr. Sanjay Jayavarthanavelu | Director |
Mr. Aroon Raman | Director |
Mr. Sridharan Rangarajan | Director |
Mr. P S Raghavan | Director |
Mr. Sujjain S Talwar | Director |
Carborundum Universal Forecast
Price Estimates
Carborundum Universal Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-10-27 | Quarterly Results | |
2023-08-02 | Quarterly Results | |
2023-05-08 | Audited Results & Final Dividend | |
2023-01-31 | Quarterly Results & Interim Dividend | |
2022-10-28 | Quarterly Results |
Date | Purpose | Remarks |
---|---|---|
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 ₹1,190 As on 05 December, 2023 | 06:53
What is the Market Cap of Carborundum Universal ?
The Market Cap of Carborundum Universal is ₹22615.5 Cr As on 05 December, 2023 | 06:53
What is the P/E ratio of Carborundum Universal ?
The P/E ratio of Carborundum Universal is 49 As on 05 December, 2023 | 06:53
What is the PB ratio of Carborundum Universal ?
The PB ratio of Carborundum Universal is 7.7 As on 05 December, 2023 | 06:53