Abrasives Sector Stocks
Abrasives Sector Sector Companies List
| Company Name | LTP | Volume | % Change | 52 week High | 52 week Low | Market Cap (in Cr) |
|---|---|---|---|---|---|---|
| Carborundum Universal Ltd. | 854.05 | 46047 | -1.95 | 1412.4 | 809.1 | 16264.6 |
| Grindwell Norton Ltd. | 1561.9 | 12307 | -2.55 | 2280 | 1356.05 | 17293.4 |
| Wendt (India) Ltd. | 8117.5 | 21776 | 2.77 | 18033.65 | 7575 | 1623.5 |
Frequently Asked Questions
What is the abrasives sector in India?
The abrasives sector includes companies producing grinding wheels, sandpapers, and polishing products used in industrial applications.
Why is the abrasives sector important?
It is vital for manufacturing, construction, and automotive industries where finishing and surface treatment are essential.
Which industries are linked to the abrasives sector?
Linked industries include steel, construction, aerospace, and consumer goods.
What drives growth in the abrasives sector?
Growth is driven by rising industrial output, infrastructure spending, and demand for precision tools.
What challenges does the abrasives sector face?
Challenges include raw material availability, import dependence, and price competition.
How big is the abrasives sector in India?
It is a niche but significant part of industrial supply chains, supporting multiple core industries.
What is the future outlook for the abrasives sector?
Demand is expected to grow alongside India’s manufacturing and infrastructure expansion.
Who are the major players in the abrasives sector?
Key players include domestic manufacturers and global brands supplying Indian markets.
How does government policy impact the abrasives sector?
Policies on industrial growth, tariffs, and raw material sourcing affect sector performance.