GRINDWELL

Grindwell Norton Share PriceGrindwell Norton

₹2089.35
-0.25 (-0.01%)
As on 06 June, 2023 | 07:58 BSE: 506076 NSE: GRINDWELL

Grindwell Norton Performance

Day Range

  • Low
  • High
2089.35

52 Week Range

  • Low
  • High
2089.35
  • Open Price
  • Previous Close
  • Volume

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Grindwell Norton Share Price

  • Over 1 Month 10.11%
  • Over 3 Month 15.08%
  • Over 6 Month 8.41%
  • Over 1 Year 21.21%

Grindwell Norton Key Statistics

P/E Ratio 63.9
PEG Ratio 2.9
Market Cap Cr 23,133
Price to Book Ratio 12.7
EPS 31.7
Dividend 0.6
Relative Strength Index 61.51
Money Flow Index 69.65
MACD Signal 51.8
Average True Range 52.68

Grindwell 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

Grindwell Norton Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 616551578616556
Operating Expenses Qtr Cr 489442467491434
Operating Profit Qtr Cr 126113115125122
Depreciation Qtr Cr 1414141313
Interest Qtr Cr 24102
Tax Qtr Cr 3425283231
Net Profit Qtr Cr 9974879289

Grindwell Norton Technicals

EMA & SMA

Current Price
₹2089.35
-0.25 (-0.01%)
  • 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

PIVOT
₹2097.34
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 NameMar-23Dec-22Sep-22Jun-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

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

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 MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 26294
UTI Flexi Cap Fund Regular Plan Growth 24237
Axis Midcap Fund Growth 19539
SBI Small Cap Fund Regular Plan Growth 16592
SBI Long Term Equity Fund Regular Payout of Income Distribution cum capital wdrl 12998

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

Q2FY23

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