Grindwell Norton
- Advice
- Hold
Grindwell Norton Performance
Day Range
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52 Week Range
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- High
- Open Price
- Previous Close
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Start SIP in Grindwell Norton
Start SIPGrindwell Norton Investment Rating
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Master Rating:
-
Grindwell Norton has an operating revenue of Rs. 2,333.41 Cr. on a trailing 12-month basis. An annual revenue growth of 22% is outstanding, Pre-tax margin of 20% is great, ROE of 18% 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 trading close to its key moving averages, around 1% and 2% 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 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 72 which is a FAIR score but needs to improve its earnings, a RS Rating of 57 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 90 indicates it belongs to a poor industry group of Machinery-Gen Industrial and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|
| Oper Rev Qtr Cr | 578 | 616 | 556 |
| Operating Expenses Qtr Cr | 467 | 491 | 434 |
| Operating Profit Qtr Cr | 115 | 125 | 122 |
| Depreciation Qtr Cr | 14 | 13 | 13 |
| Interest Qtr Cr | 1 | 0 | 2 |
| Tax Qtr Cr | 28 | 32 | 31 |
| Net Profit Qtr Cr | 87 | 92 | 89 |
Grindwell Norton Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 9
- Bearish Moving Average
- ___
- 7
- 20 Day
- 1933.89
- 50 Day
- 1939.88
- 100 Day
- 1949.54
- 200 Day
- 1893.91
- 20 Day
- 1926.01
- 50 Day
- 1915.93
- 100 Day
- 2012.94
- 200 Day
- 1901.14
Grindwell Norton Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 1994.64 |
| Second Resistance | 2035.32 |
| Third Resistance | 2070.64 |
| RSI | 54.28 |
| MFI | 37.26 |
| MACD Single Line | 9.16 |
| MACD | 12.94 |
| Support | |
|---|---|
| First Resistance | 1918.64 |
| Second Resistance | 1883.32 |
| Third Resistance | 1842.64 |
Grindwell Norton Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 30,899 | 1,396,944 | 45.21 |
| Week | 44,933 | 2,516,683 | 56.01 |
| 1 Month | 83,161 | 6,163,051 | 74.11 |
| 6 Month | 99,299 | 6,067,152 | 61.1 |
Grindwell Norton Result Highlights
Grindwell Norton Synopsis
NSE-Machinery-Gen Industrial
Grindwell Norton is involved in the business activities of Manufacture of refractory products. Company’s Total Operating Revenue is Rs. 2005.62 Cr. and Equity Capital is Rs. 55.36 Cr. for the Year ended 31/03/2022. 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 | 21,629 |
| Sales | 2,254 |
| Shares in Float | 4.65 |
| No of funds | 198 |
| Yield | 0.61 |
| Book Value | 13.87 |
| U/D Vol ratio | 0.7 |
| LTDebt / Equity | |
| Alpha | 0.03 |
| Beta | 0.58 |
Grindwell Norton
| Owner Name | Dec-22 | Sep-22 | Jun-22 | Mar-22 |
|---|---|---|---|---|
| Promoters | 58.03% | 58.08% | 58.08% | |
| Mutual Funds | 13.61% | 14.49% | 14.4% | |
| Insurance Companies | 0.69% | 0.67% | 0.7% | |
| Foreign Portfolio Investors | 8.41% | 7.52% | 7.44% | |
| Financial Institutions/ Banks | ||||
| Individual Investors | 12.89% | 13.08% | 13.16% | |
| Others | 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 |
|---|---|---|
| 2022-11-02 | Quarterly Results | |
| 2022-07-29 | Quarterly Results | |
| 2022-05-06 | Audited Results & Dividend | |
| 2022-02-03 | Quarterly Results | |
| 2021-11-03 | Quarterly Results |
Grindwell Norton FAQs
What is Share Price of Grindwell Norton ?
Grindwell Norton share price is ₹1944 As on 30 January, 2023 | 13:07
What is the Market Cap of Grindwell Norton ?
The Market Cap of Grindwell Norton is ₹21524.5 Cr As on 30 January, 2023 | 13:07
What is the P/E ratio of Grindwell Norton ?
The P/E ratio of Grindwell Norton is 63 As on 30 January, 2023 | 13:07
What is the PB ratio of Grindwell Norton ?
The PB ratio of Grindwell Norton is 13.7 As on 30 January, 2023 | 13:07