Carborundum Universal (CARBORUNIV) Share Price Falls 2.62% Today; Key Levels, Valuation and Peer Analysis
- September 2, 2026
- Posted by: Harsh Piplani
- Category: News
Carborundum Universal Share Price stood at Rs 1,073.20 on 02 September 2026 at 3:19:09 PM IST, down 2.62% for the day. The stock was lower by Rs 28.85 versus the previous close of Rs 1,102.05, while the company’s market capitalisation was Rs 21,108 crore. In the Abrasives segment, that makes today’s move notable even though the supplied dataset does not identify a company-specific trigger.
The stock opened at Rs 1,108.20, which also marked the intraday high, and later moved down to Rs 1,070.00. Turnover was Rs 1.64 crore. That pattern shows a session that weakened after the open rather than one that recovered during the day.
For readers tracking Carborundum Universal Share Price, the immediate questions are simple: how sharp was the intraday move, how does the company look on valuation and profitability, and where does it stand against the two other listed peers in the same industry snapshot.
Carborundum Universal (CARBORUNIV) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,073.2 |
| Previous Close | Rs 1,102.05 |
| Today's Move | -Rs 28.85 (-2.62%) |
| Open | Rs 1,108.2 |
| High | Rs 1,108.2 |
| Low | Rs 1,070 |
| Turnover | Rs 1.64 crore |
| Market Capitalisation | Rs 21,108 crore |
| Market Cap Category | Large Cap |
At Rs 1,073.20, the stock was below both the open and the previous close. Since the day’s high was the same as the opening print, the market never pushed the stock above its starting level in the available session data. The low of Rs 1,070.00 shows the decline extended through most of the range before the stock traded slightly above that low.
That intraday structure matters because it helps separate a brief dip from a more one-directional session. Here, the price action points to sustained weakness after the open. For a Large Cap company, a same-day move of 2.62% is enough to bring valuation and peer comparisons into focus, especially when there is no confirmed catalyst in the supplied information.
Carborundum Universal (CARBORUNIV) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 21,108 crore |
| P/E Ratio | 100.34x |
| P/B Ratio | 5.36x |
| ROE | 4.57% |
| ROCE | 7.66% |
| EPS | Rs 10.98 |
| Book Value Per Share | Rs 205.76 |
| Dividend Yield | 0.36% |
On fundamentals, the stock is notable for its high earnings multiple. Carborundum Universal trades at a P/E of 100.34 and a P/B of 5.36. EPS is Rs 10.98, book value per share is Rs 205.76, and dividend yield is 0.36%.
The more debated part of the profile is the gap between valuation and return ratios. ROE stands at 4.57% and ROCE at 7.66%, which are positive but not especially strong in isolation. The RSI reading of 48.45 is broadly neutral. In trend terms, the current price is below the 50 DMA of Rs 1,111.39 but above the 200 DMA of Rs 970.94, suggesting weaker short-term positioning than the medium-term reference level, while still remaining above the longer-term moving average supplied in the dataset.
That combination helps explain why today’s decline is drawing attention. A company can trade on premium expectations, but when profitability metrics are comparatively modest, the stock often gets scrutinised more closely during down sessions.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Abrasives |
| Industry | Abrasives |
| Benchmark Scope | same industry |
| Company P/E Ratio | 100.34x |
| Benchmark Median P/E | 95.71x |
| Benchmark Average P/E | 82.15x |
| Benchmark P/E Range | 50.4x to 100.34x |
| Company P/B Ratio | 5.36x |
| Benchmark Median P/B | 6.24x |
| Benchmark Average P/B | 6.66x |
| Company ROE | 4.57% |
| Benchmark Median ROE | 5.85% |
| Benchmark Average ROE | 9.32% |
| Company ROCE | 7.66% |
| Benchmark Median ROCE | 9.32% |
| Benchmark Average ROCE | 13.5% |
| Company Market Capitalisation | Rs 21,108 crore |
| Benchmark Median Market Cap | Rs 21,108 crore |
| Benchmark Average Market Cap | Rs 15,047.21 crore |
The industry benchmark covers three Abrasives companies, including Carborundum Universal. In that set, the company’s P/E of 100.34 is above the median of 95.71 and the average of 82.15, and it sits at the top of the supplied range of 50.4 to 100.34. On an earnings basis, it is the richest-valued name in this comparison.
The picture looks different on price to book. Its P/B of 5.36 is below the benchmark median of 6.24 and average of 6.66, and also equals the lowest value in the peer range. So the stock looks expensive on earnings, but not on book value relative to the same industry set.
Profitability is softer than the industry reference points. ROE of 4.57% is below the median of 5.85% and average of 9.32%, while ROCE of 7.66% is below the median of 9.32% and average of 13.5%. On scale, the market cap of Rs 21,108 crore matches the benchmark median and is above the average of Rs 15,047.21 crore. That leaves the company as a large industry player with premium earnings valuation but weaker return ratios than the benchmark snapshot.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Grindwell Norton | GRINDWELL | 22,403.64 | 50.4 | 8.37 | 17.55 | 23.52 |
| Wendt (India) | WENDT | 1,630 | 95.71 | 6.24 | 5.85 | 9.32 |
Against the two named peers, Carborundum Universal is close to Grindwell Norton in market value and far larger than Wendt (India). However, its P/E is above both peers at 100.34 versus 50.4 for Grindwell Norton and 95.71 for Wendt.
Its P/B of 5.36 is lower than Grindwell Norton’s 8.37 and Wendt’s 6.24, which offers some balance to the valuation discussion. But profitability remains the weaker part of the comparison. ROE of 4.57% is below Wendt’s 5.85% and well below Grindwell Norton’s 17.55%, while ROCE of 7.66% is also below Wendt’s 9.32% and Grindwell Norton’s 23.52%.
In short, the peer set shows a company with meaningful scale but relatively softer return metrics, while the market is still assigning it a richer earnings multiple than either of the other listed comparisons.
Why Investors Are Watching This Stock
- Carborundum Universal Share Price fell 2.62% today to Rs 1,073.20.
- The stock opened at Rs 1,108.20, which was also the day’s high, before moving down to Rs 1,070.00.
- The company remains a Large Cap name with market capitalisation of Rs 21,108 crore.
- P/E at 100.34 is above the same-industry median of 95.71 and average of 82.15.
- ROE and ROCE are below both benchmark medians and the two listed peer figures supplied.
- The current price is below the 50 DMA but above the 200 DMA.
About Carborundum Universal
Carborundum Universal operates in the Abrasives sector and industry. Within the supplied dataset, its direct listed comparison set includes Grindwell Norton and Wendt (India) That makes the peer review relatively clean, because the benchmark is based on the same industry rather than a much broader manufacturing group.
Based on market capitalisation, the company is one of the larger names in this space. That is one reason daily moves in Carborundum Universal Share Price tend to attract attention when valuation and profitability metrics are already being debated by market participants.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why did Carborundum Universal Share Price fall today?
Ans. The stock fell 2.62% to Rs 1,073.20 from the previous close of Rs 1,102.05. The supplied data confirms the decline, but it does not identify a company-specific reason for the move.
What is Carborundum Universal Share Price today?
Ans. Carborundum Universal Share Price today is Rs 1,073.20 as of 02 September 2026 at 3:19:09 PM IST. The previous close was Rs 1,102.05. The stock moved 2.62% lower during the session.
What does today’s intraday price action show?
Ans. The stock opened at Rs 1,108.20, which was also the day’s high, and later touched Rs 1,070.00. This indicates the session weakened after the open. The previous close was Rs 1,102.05.
What is the market capitalisation of Carborundum Universal?
Ans. The company’s market capitalisation is Rs 21,108 crore, and it is classified as a Large Cap stock in the supplied dataset. The company operates in the Abrasives sector. Its P/E ratio is 100.34x.
How does profitability compare with the industry?
Ans. ROE is 4.57% and ROCE is 7.66%. Both are below the Abrasives benchmark medians of 5.85% and 9.32%, respectively. The stock belongs to the Abrasives sector. Its industry classification is Abrasives.
How does the company compare with Grindwell Norton and Wendt?
Ans. Its P/E is above both peers, while its ROE and ROCE are below both peers in the supplied comparison set. Its P/B, however, is lower than both. Comparable listed companies include Grindwell Norton, Wendt (India).
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