Grindwell Norton
Grindwell Norton Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Grindwell Norton
Start SIPGrindwell Norton Investment Rating
-
Master Rating:
-
Grindwell Norton has an operating revenue of Rs. 2,541.34 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 19% is great, ROE of 20% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 5% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 2% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 62 which is FAIR indicating the recent price performance, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 59 indicates it belongs to a fair industry group of Machinery-Gen Industrial and a Master Score of B is close to being the best. 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 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 616 | 551 | 578 | 616 | 556 |
| Operating Expenses Qtr Cr | 489 | 442 | 467 | 491 | 434 |
| Operating Profit Qtr Cr | 126 | 113 | 115 | 125 | 122 |
| Depreciation Qtr Cr | 14 | 14 | 14 | 13 | 13 |
| Interest Qtr Cr | 2 | 4 | 1 | 0 | 2 |
| Tax Qtr Cr | 34 | 25 | 28 | 32 | 31 |
| Net Profit Qtr Cr | 99 | 74 | 87 | 92 | 89 |
Grindwell Norton Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 14
- Bearish Moving Average
- ___
- 2
- 20 Day
- ₹2040.96
- 50 Day
- ₹1970.85
- 100 Day
- ₹1943.23
- 200 Day
- ₹1914.33
- 20 Day
- ₹2038.76
- 50 Day
- ₹1926.06
- 100 Day
- ₹1925.56
- 200 Day
- ₹1983.53
Grindwell Norton Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹2114.67 |
| Second Resistance | ₹2139.74 |
| Third Resistance | ₹2157.07 |
| RSI | 61.51 |
| MFI | 69.66 |
| MACD Single Line | 51.8 |
| MACD | 51.47 |
| Support | |
|---|---|
| First Resistance | ₹2072.27 |
| Second Resistance | ₹2054.94 |
| Third Resistance | ₹2029.87 |
Grindwell Norton Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 15,127 | 737,895 | 48.78 |
| Week | 19,299 | 1,101,587 | 57.08 |
| 1 Month | 36,566 | 1,960,278 | 53.61 |
| 6 Month | 59,050 | 3,921,530 | 66.41 |
Grindwell Norton Result Highlights
Grindwell Norton Synopsis
NSE-Machinery-Gen Industrial
Grindwell Norton is involved in the business activities of Manufacture of other non-metallic mineral products. Company’s Total Operating Revenue is Rs. 2368.73 Cr. and Equity Capital is Rs. 55.36 Cr. for the Year ended 31/03/2023. Grindwell Norton Ltd. is a Public Limited Listed company incorporated on 31/07/1950 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L26593MH1950PLC008163 and registration number is 008163.| Market Cap | 23,133 |
| Sales | 2,369 |
| Shares in Float | 4.65 |
| No of funds | 206 |
| Yield | 0.69 |
| Book Value | 12.92 |
| U/D Vol ratio | 1.1 |
| LTDebt / Equity | |
| Alpha | 0.1 |
| Beta | 0.49 |
Grindwell Norton
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 58.03% | 58.03% | 58.08% | 58.08% |
| Mutual Funds | 13.97% | 13.61% | 14.49% | 14.4% |
| Insurance Companies | 0.71% | 0.69% | 0.67% | 0.7% |
| Foreign Portfolio Investors | 8.28% | 8.41% | 7.52% | 7.44% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 12.78% | 12.89% | 13.08% | 13.16% |
| Others | 6.23% | 6.37% | 6.16% | 6.22% |
Grindwell Norton Management
| Name | Designation |
|---|---|
| Mr. Keki Elavia | Chairman |
| Mr. B Santhanam | Managing Director |
| Mr. David Molho | Director |
| Mr. Laurent Tellier | Director |
| Mr. Krishna Prasad | Director |
| Mr. Anand Mahajan | Director |
| Mr. Sreedhar Natarajan | Director |
| Dr. Archana Hingorani | Director |
| Mr. Subodh Nadkarni | Director |
| Mr. Aakil Anand Mahajan | Non Exe.Non Ind.Director |
Grindwell Norton Forecast
Price Estimates
Grindwell Norton Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-06 | Audited Results & Final Dividend | |
| 2023-02-13 | Quarterly Results | |
| 2022-11-02 | Quarterly Results | |
| 2022-07-29 | Quarterly Results | |
| 2022-05-06 | Audited Results & Dividend |
Grindwell Norton FAQs
What is Share Price of Grindwell Norton ?
Grindwell Norton share price is ₹2089 As on 06 June, 2023 | 07:44
What is the Market Cap of Grindwell Norton ?
The Market Cap of Grindwell Norton is ₹23133.3 Cr As on 06 June, 2023 | 07:44
What is the P/E ratio of Grindwell Norton ?
The P/E ratio of Grindwell Norton is 63.9 As on 06 June, 2023 | 07:44
What is the PB ratio of Grindwell Norton ?
The PB ratio of Grindwell Norton is 12.7 As on 06 June, 2023 | 07:44