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GRINDWELLGrindwell Norton Limited

Capital Goods · Building Products & Equipment · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

2,088.00
1.88%
71Strong

Price & Volume

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Key Ratios

Market Cap (₹ cr)23,562.30
P/E56.66
P/B9.30
PEG1.97
ROE %17.30
ROCE %18.70
Debt / Equity0.02
EPS37.56
Revenue Growth %18.70
Profit Growth %28.70
Dividend Yield %0.89
Promoter Holding %58.32
FII Holding %22.57
DII Holding %
Beta0.51

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

Pullback to 21-EMALONG78%2,088.001,971.002,389.832.58
BUYConviction 83%

Why buy

  • Revenue growth: 18.7% YoY
  • Profit growth: 28.7% YoY
  • ROE: 17.3%
  • RSI: 52
  • Price vs EMA21: above
  • Price vs SMA50: above
  • Pullback to 21-EMA signal (setup quality 78%)

Bull case

  • Revenue growth: 18.7% YoY
  • Profit growth: 28.7% YoY
  • ROE: 17.3%
  • RSI: 52

Bear case

  • MACD: bearish
  • Volume: 0.4x 20-day average
  • 1-month return: -0.1%
  • Sector momentum: sector -2.1% (1m)

Key risks

  • MACD: bearish
  • Volume: 0.4x 20-day average

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹2,088.00
Stop Loss
₹1,942.75
risk 7%
Target 1 (1.5R)
₹2,305.88
+10.4%
Target 2 (3R)
₹2,523.75
+20.9%
Support (20d)
₹1,962.37
Resistance (52w)
₹2,455.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹145.25/share
ATR (volatility)
₹109.90
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹109.90). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
77
Technical
64
Momentum
73
Risk (safety)
70

Peers — Capital Goods

ADOR 7.88%
81
KSHINTL 1.30%
79
DIACABS 10.00%
78
INOXINDIA 4.32%
77
AARVI 3.51%
77
MMFL 4.13%
77

About

Grindwell Norton Limited manufactures and sells abrasives, ceramics, and plastic products in India and internationally. It operates through Abrasives, Ceramics & Plastics, Digital Services, and Others segments. The company offers abrasives, including bonded and coated abrasives, non-woven abrasives, thin wheels, construction products, automotive aftermarket, adhesives and sealants, performance grinding products; life science solutions, such as biopharmaceutical systems, medical components, cell therapy solutions, and industrial and consumer solutions; and performance polymer solutions, including engineered components, tape solutions, and ADFORS. It also provides performance ceramics and refractories solutions comprising ceramic systems, wear resistance technology, specialty ceramic for energy, iron and steel, foundry, and non-ferrous industries; silicon carbide crude and grains, including ceramic foam filters for metallurgy, crucible, abrasive, refractory, and advanced materials applications; and design and commissioning solutions. The company serves construction and mobility industries. Grindwell Norton Limited was founded in 1941 and is based in Mumbai, India. Grindwell Norton Limited (BSE:506076) operates as a subsidiary of Compagnie de Saint-Gobain S.A.