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Grindwell Norton Ltd.
Share Price Target & Analysis

NSE:GRINDWELL

2064.67

VWAP

2022.15

Open

2031.3

Close

2085

High

2022.1

Low

2960

52 Week High

2064.90 ⇧
33.60 (1.65%)

GRINDWELL

(INDUSTRIAL MANUFACTURING)
17.5% Momentum

Turnaround Potential

1875.2

52 Week Low

33.56

EPS

67.98

PE

11.24

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: GRINDWELL Share Price Financial Analysis & Valuation

Grindwell Norton Ltd. (GRINDWELL) 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 20632.2 (in Cr). Total number of free float shares are 11.1 (in Lacs). Grindwell Norton Ltd. is listed on NSE with Exchange ID - INE536A01023 and trading code is NSE:GRINDWELL with short name Grindwell Norto.

In the past 1 year, Grindwell Norton Ltd. has declared an equity dividend of Rs 17 per share. At the current share price of GRINDWELL at Rs 2064.90, this results in a dividend yield of 0.82 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:GRINDWELL, it is clearly understood that GRINDWELL is Economical performer in terms of earnings and profit margins with an EPS of 33.56. NSE:GRINDWELL book value per share as of today is 183.73. The current price to book ratio for GRINDWELL as of Nov 23, 2024 is 11.24.

Valuation of the Stock: The current valuation of GRINDWELL 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 GRINDWELL whether to BUY this stock at current valuation. The delivery percentage of GRINDWELL is 53.75% is very crucial parameter which shows that 53.75% investors are anticipating that the price of GRINDWELL share should go up with VWAP at 2064.67.

Now, the main question is whether to BUY or SELL, NSE:GRINDWELL at current valuation.
As per latest Analysis No. #745:-

⇑ STRONG BUY GRINDWELL if All Greens

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

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

⇘ SELL GRINDWELL if NO Green Indicator

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

(Grindwell Norton Ltd. Daily Analysis on the basis of GRINDWELL Intraday Graph & Trend)

Grindwell Norton Ltd. share price moved Up by 1.65% from its previous close of Rs 2031.3. GRINDWELL stock last traded price is 2064.90. GRINDWELL share price trend is Up with a total of 25921 stocks traded till now. It has touched an intraday high of Rs 2085 and an intraday low of Rs 2022.1. The GRINDWELL trading at 2064.90, Up by Rs. 33.60, or 1.65 percent which suggests that most of the Traders are anticipating that the price of GRINDWELL share should go Up.

NSE: GRINDWELL Share Price Tomorrow Prediction

(Grindwell Norton Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of GRINDWELL)

Grindwell Norton Ltd. share price moved Up by 1.65%. GRINDWELL share price short term trend is Up. It suggests that GRINDWELL Share Price for Tomorrow remains the same with VWAP at 2064.67 will be treated as stop loss for intraday traders. Grindwell Norton Ltd. Long term investors can follow the GRINDWELL long term trend as mentiond in future forecast table.

NSE Code

NSE: GRINDWELL

GRINDWELL Share Price Today

 2064.90

GRINDWELL Share Price Target Prediction for 2024 ^

 1966 - 2566

GRINDWELL Share Price Target Prediction for 2025*^

 2566 - 3169

GRINDWELL Share Price Target Prediction for 2026*^

 3169 - 3390.8

GRINDWELL Share Price Target Prediction for 2027*^

 3560

GRINDWELL Share Price Target Prediction for 2028*^

 3662

GRINDWELL Share Price Target Prediction for 2030*^

 3992
GRINDWELL Current Book Value 2023
182.8

*Grindwell Norton Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^GRINDWELL 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.

GRINDWELL Technical Analysis

Candlestick Pattern: @2084.8

GRINDWELL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 2117.25 SELL 2115.68 SELL
MA_12 2161.39 SELL 2164.46 SELL
MA_20 2198.54 SELL 2201.04 SELL
MA_32 2292.87 SELL 2257.59 SELL
MA_50 2332.57 SELL 2302.69 SELL
MA_100 2415.97 SELL 2355.06 SELL
MA_200 2343.07 SELL 2340.34 SELL

GRINDWELL Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 2198.54 Downtrend
MACD -5.8 SELL
ADX 16.73 NO or Weak Trend
DMI (+/-) 15.42 / 25.02 Downtrend

GRINDWELL Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 33.6 Neutral
STOCHASTIC_K (Fast) 16.82 Oversold
STOCHASTIC_D (Slow) 18.14 Oversold
CCI -112.97 SELL
PSAR 2166.91 SELL
TRUE RANGE 50.35 Neutral
ATR 77.17 Neutral
WILLIAMS R -91.27 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -426.55 SELL

GRINDWELL Last 1 Year Trend

Duration Value
1 Year 0.22%
3 Months -13.16%
1 Month -16.98%
1 Week -4.85%

GRINDWELL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 0%
NEUTRAL / HOLD 17%
SELL 83%

Most popular Questions & Answers about GRINDWELL


Grindwell Norton Ltd. stock last traded price is 2064.90. GRINDWELL share price moved Up by 1.65% from its previous close of Rs 2031.3.

Grindwell Norton Ltd. share price trend is Up with a total of 25921 stocks traded till now. It has touched an intraday high of Rs 2989.6 and an intraday low of Rs 2022.1. The GRINDWELL trading at 2064.90, Up by Rs. 33.60, or 1.65 percent which suggests that most of the Traders are anticipating that the price of GRINDWELL share should go Up and the Stop Loss will be around 2064.67.

The market cap of Grindwell Norton Ltd. is ₹20632.2 (in Cr) as of Nov 22, 2024.

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

The current price to book ratio for Grindwell Norton Ltd. as of Nov 22, 2024 is 11.24.

The highest price of Grindwell Norton Ltd. stock is ₹2960 in the last 52-week.

The lowest price of Grindwell Norton Ltd. stock is ₹1875.2 in the last 52-week.

Grindwell Norton Ltd. share trading at ₹2064.90, Up by Rs. 33.60, or 1.65 percent which suggests that most of the traders are anticipating that the price of GRINDWELL share should go Up.

In 2023, Stock price target for Grindwell Norton Ltd. (GRINDWELL) are ₹1966 on downside and ₹2566 on upside. Grindwell Norton Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Grindwell Norton Ltd. (GRINDWELL) are ₹2566 on downside and ₹3169 on upside. Grindwell Norton Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Grindwell Norton Ltd. (GRINDWELL) are ₹3169 on downside and ₹3390.8 on upside. Grindwell Norton 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 Grindwell Norton Ltd. (GRINDWELL) will be around ₹3662 Grindwell Norton Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of GRINDWELL.

The price of Grindwell Norton Ltd. (GRINDWELL) shares moved by 1.65%. The short-term trend for GRINDWELL share price is Up. It implies that the share price of GRINDWELL will stay the same tomorrow and that intraday traders should treat VWAP at 2064.67 as a stop loss. Investors with a long-term outlook can track GRINDWELL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of GRINDWELL stock is 402.4. Compared to the current market price of 2064.90 INR, the GRINDWELL stock is Overvalued by 80.5%.

As per the fundamental analysis of Grindwell Norton Ltd. (GRINDWELL), it is of Economical quality in terms of earnings and profit margins with an EPS of 33.56. Grindwell Norton Ltd. book value per share as of today is 183.73. The current price to book ratio for GRINDWELL as of Nov 23, 2024 is 11.24.


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


Peer Comparison of NSE: GRINDWELL

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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