Grindwell Norton Ltd
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list
Grindwell Norton Ltd
GRINDWELL
Price Chart
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value
Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD
Stock has been generating better return on equity than bank FD
Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company
Stock doesn't offer attractive dividend returns
Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock
Good time to consider, as stock is not in overbought zone
Red Flags FoundASM and GSM lists are measures to safeguard investors against volatility and unjustified stock prices. Pledging holdings means taking loans against held promoter shares. Stocks in ASM/GSM list or with high pledged promoter holding should be handled with caution. Unsolicited tips are sometimes circulated to manipulate the market. Beware of these stocks
Stock in ASM list
Key Metrics
Forecast & RatingsDetailed Forecast
Analysts have suggested that investors can buy this stock
Price
Price Upside
Pro Only
Earnings
Earnings Growth
Pro Only
Revenue
Rev. Growth
Pro Only
Company Profile
Grindwell Norton Limited manufactures abrasives. The Company's segments include Abrasives, and Ceramics & Plastics.
Brands
Brands
PeersCompare with peers
Cummins India Ltd
Thermax Limited
SKF India Ltd
Carborundum Universal Ltd
AIA Engineering Ltd
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Financial TrendFinancial statements
Holdings TrendDetailed holdings
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter HoldingLower pledged promoter holdings is considered better
Pledged promoter holdings is insignificant
Mutual Fund HoldingIncreasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock
In last 3 months, mutual fund holding of the company has almost stayed constant
Recent NewsAll news
Grindwell Norton announces cessation of directors
3 days ago•Business Standard
Top stocks in focus: Parag Milk Foods, Biocon, Grindwell Norton, Tourism Finance Corporation of India, PNB
2 weeks ago•India Infoline
Grindwell Norton invests Rs 15 lakh in Cleanwin Energy Three LLP
2 weeks ago•Business Standard
Recent EventsAll events
Cessation
Grindwell Norton Limited has informed the Exchange regarding Cessation of Mr. Krishna Prasad (DIN 00130438) , Alternate Director to Ms. Isabelle Hoepfner w.e.f. January 01, 2022. | Download
Grindwell Norton Limited has informed the Exchange regarding Cessation of Mr. Krishna Prasad (DIN 00130438) , Alternate Director to Ms. Isabelle Hoepfner w.e.f. January 01, 2022. | Download
Resignation
Grindwell Norton Limited has informed the Exchange regarding Resignation of Ms Isabelle Hoepfner (DIN No. 08598846) as Non- Executive Director of the company w.e.f. January 01, 2022. | Download
Grindwell Norton Limited has informed the Exchange regarding Resignation of Ms Isabelle Hoepfner (DIN No. 08598846) as Non- Executive Director of the company w.e.f. January 01, 2022. | Download
Cash Dividend
Final • Div/Share: ₹ 9.5
Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa
Current price is more than the intrinsic value