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1 Comment
Grindwell Norton Limited is currently in a long term uptrend where the price is trading 55.9% above its 200 day moving average.
From a valuation standpoint, the stock is 18.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 6.8.
Grindwell Norton Limited's total revenue rose by 10.7% to $5B since the same quarter in the previous year.
Its net income has increased by 42.5% to $659M since the same quarter in the previous year.
Finally, its free cash flow grew by 43.2% to $1B since the same quarter in the previous year.
Based on the above factors, Grindwell Norton Limited gets an overall score of 5/5.
Exchange | NSE |
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CurrencyCode | INR |
ISIN | INE536A01023 |
Sector | Industrials |
Industry | Building Products & Equipment |
Market Cap | 199B |
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Beta | 0.33 |
Dividend Yield | 0.8% |
PE Ratio | 53.77 |
Target Price | 1831.25 |
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 is a subsidiary of Compagnie de Saint-Gobain S.A.
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