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Carborundum Universal Ltd.
Share Price Target & Analysis

NSE:CARBORUNIV

1400.13

VWAP

1409.75

Open

1409.3

Close

1432.95

High

1378

Low

1841.15

52 Week High

1413.30 ⇧
4.00 (0.28%)

CARBORUNIV

(INDUSTRIAL MANUFACTURING)
47.5% Momentum

Turnaround Potential

1025.6

52 Week Low

18.61

EPS

67.98

PE

11.71

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: CARBORUNIV Share Price Financial Analysis & Valuation

Carborundum Universal Ltd. (CARBORUNIV) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Abrasives vertical. It is one of Mid Cap company with Market Capitalization of Rs 15698.3 (in Cr). Total number of free float shares are 18.9 (in Lacs). Carborundum Universal Ltd. is listed on NSE with Exchange ID - INE120A01034 and trading code is NSE:CARBORUNIV with short name Carborundum.

In the past 1 year, Carborundum Universal Ltd. has declared an equity dividend of Rs 4 per share. At the current share price of CARBORUNIV at Rs 1413.30, this results in a dividend yield of 0.28 %.

As per the Fundamental Analysis of NSE:CARBORUNIV, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CARBORUNIV underlying value and future prospects. All of this data is available in CARBORUNIV financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:CARBORUNIV, it is clearly understood that CARBORUNIV is Economical performer in terms of earnings and profit margins with an EPS of 18.61. NSE:CARBORUNIV book value per share as of today is 120.7. The current price to book ratio for CARBORUNIV as of Nov 23, 2024 is 11.71.

Valuation of the Stock: The current valuation of CARBORUNIV stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CARBORUNIV whether to BUY this stock at current valuation. The delivery percentage of CARBORUNIV is 40.51% is very crucial parameter which shows that 40.51% investors are anticipating that the price of CARBORUNIV share should go up with VWAP at 1400.13.

Now, the main question is whether to BUY or SELL, NSE:CARBORUNIV at current valuation.
As per latest Analysis No. #1299:-

⇑ STRONG BUY CARBORUNIV if All Greens

⇗ BUY CARBORUNIV (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD CARBORUNIV (With Stop Loss) if only 1 Green

⇘ SELL CARBORUNIV if NO Green Indicator

NSE: CARBORUNIV Share Price Today (Nov 23, 2024)

(Carborundum Universal Ltd. Daily Analysis on the basis of CARBORUNIV Intraday Graph & Trend)

Carborundum Universal Ltd. share price moved Up by 0.28% from its previous close of Rs 1409.3. CARBORUNIV stock last traded price is 1413.30. CARBORUNIV share price trend is Up with a total of 100589 stocks traded till now. It has touched an intraday high of Rs 1432.95 and an intraday low of Rs 1378. The CARBORUNIV trading at 1413.30, Up by Rs. 4.00, or 0.28 percent which suggests that most of the Traders are anticipating that the price of CARBORUNIV share should go Up.

NSE: CARBORUNIV Share Price Tomorrow Prediction

(Carborundum Universal Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CARBORUNIV)

Carborundum Universal Ltd. share price moved Up by 0.28%. CARBORUNIV share price short term trend is Up. It suggests that CARBORUNIV Share Price for Tomorrow remains the same with VWAP at 1400.13 will be treated as stop loss for intraday traders. Carborundum Universal Ltd. Long term investors can follow the CARBORUNIV long term trend as mentiond in future forecast table.

NSE Code

NSE: CARBORUNIV

CARBORUNIV Share Price Today

 1413.30

CARBORUNIV Share Price Target Prediction for 2024 ^

 1075.2 - 1522.3

CARBORUNIV Share Price Target Prediction for 2025*^

 1522.3 - 1971.1

CARBORUNIV Share Price Target Prediction for 2026*^

 1971.1 - 2109.1

CARBORUNIV Share Price Target Prediction for 2027*^

 2215

CARBORUNIV Share Price Target Prediction for 2028*^

 2278

CARBORUNIV Share Price Target Prediction for 2030*^

 2483
CARBORUNIV Current Book Value 2023
120.1

*Carborundum Universal Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^CARBORUNIV share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

CARBORUNIV Technical Analysis

Candlestick Pattern: @1461.65

CARBORUNIV Moving Averages

BUY (11) NEUTRAL (0) SELL (3)
MA Simple Action S1 Expo Action E2
MA_5 1428.61 BUY 1433.38 BUY
MA_12 1415.54 BUY 1425.11 BUY
MA_20 1416.39 BUY 1428.22 BUY
MA_32 1438.22 BUY 1443.11 BUY
MA_50 1461.15 BUY 1462.08 SELL
MA_100 1530.97 SELL 1485.21 SELL
MA_200 1444.81 BUY 1437.29 BUY

CARBORUNIV Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1416.39 Uptrend
MACD 7.64 BUY
ADX 9.55 NO or Weak Trend
DMI (+/-) 20.5 / 16.34 Uptrend

CARBORUNIV Momentum Oscillators

BUY (5) NEUTRAL (6) SELL (1)
Momentum Oscillators Value Action
RSI 54.68 Neutral
STOCHASTIC_K (Fast) 78.34 Neutral
STOCHASTIC_D (Slow) 52.04 Neutral
CCI 136.82 BUY
PSAR 1354.37 BUY
TRUE RANGE 59.95 Neutral
ATR 47.62 BUY
WILLIAMS R -6.45 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 58.53 Neutral
MOMENTUM -37.95 SELL

CARBORUNIV Last 1 Year Trend

Duration Value
1 Year 35.85%
3 Months -5.37%
1 Month -2.53%
1 Week 2.27%

CARBORUNIV Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 63%
NEUTRAL / HOLD 23%
SELL 13%

Most popular Questions & Answers about CARBORUNIV


Carborundum Universal Ltd. stock last traded price is 1413.30. CARBORUNIV share price moved Up by 0.28% from its previous close of Rs 1409.3.

Carborundum Universal Ltd. share price trend is Up with a total of 100589 stocks traded till now. It has touched an intraday high of Rs 1859.5615 and an intraday low of Rs 1378. The CARBORUNIV trading at 1413.30, Up by Rs. 4.00, or 0.28 percent which suggests that most of the Traders are anticipating that the price of CARBORUNIV share should go Up and the Stop Loss will be around 1400.13.

The market cap of Carborundum Universal Ltd. is ₹15698.3 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Carborundum Universal Ltd. as of Nov 22, 2024 is 67.98.

The current price to book ratio for Carborundum Universal Ltd. as of Nov 22, 2024 is 11.71.

The highest price of Carborundum Universal Ltd. stock is ₹1841.15 in the last 52-week.

The lowest price of Carborundum Universal Ltd. stock is ₹1025.6 in the last 52-week.

Carborundum Universal Ltd. share trading at ₹1413.30, Up by Rs. 4.00, or 0.28 percent which suggests that most of the traders are anticipating that the price of CARBORUNIV share should go Up.

In 2023, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) are ₹1075.2 on downside and ₹1522.3 on upside. Carborundum Universal Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) are ₹1522.3 on downside and ₹1971.1 on upside. Carborundum Universal Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) are ₹1971.1 on downside and ₹2109.1 on upside. Carborundum Universal Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) will be around ₹2278 Carborundum Universal Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CARBORUNIV.

The price of Carborundum Universal Ltd. (CARBORUNIV) shares moved by 0.28%. The short-term trend for CARBORUNIV share price is Up. It implies that the share price of CARBORUNIV will stay the same tomorrow and that intraday traders should treat VWAP at 1400.13 as a stop loss. Investors with a long-term outlook can track CARBORUNIV long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of CARBORUNIV stock is 223.1. Compared to the current market price of 1413.30 INR, the CARBORUNIV stock is Overvalued by 84.2%.

As per the fundamental analysis of Carborundum Universal Ltd. (CARBORUNIV), it is of Economical quality in terms of earnings and profit margins with an EPS of 18.61. Carborundum Universal Ltd. book value per share as of today is 120.7. The current price to book ratio for CARBORUNIV as of Nov 23, 2024 is 11.71.


NSE:CARBORUNIV News & Other Useful Information about CARBORUNIV Share Price


Peer Comparison of NSE: CARBORUNIV

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Abrasives

Company Price EPS BV
GRINDWELL 2064.90 33.56 183.73
CARBORUNIV 1413.30 18.61 120.7
WENDT 16079.80 200.95 960.05
ORIENTABRA 41.59 1.07 22.77
SONAMAC 119.00 0 47.69
VISAMAN 43.00 0 12.13
VRAJ 216.58 13.43 49.3
Updated at: 22 Nov 2024 15:31

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