Grindwell Norton Ltd. (GRINDWELL): Grindwell Norton Share Price Rises 2.3% to Rs 1,905
- September 18, 2026
- Posted by: Harsh Piplani
- Category: News
Grindwell Norton Share Price rose to Rs 1,905 today, up 2.3% from the previous close of Rs 1,862.25. The company now carries a market capitalisation of Rs 20,472.68 Cr. In this Grindwell Norton Share Price Today update, the verified data shows a clear same-day gain, while the supplied figures do not establish a company-specific catalyst. For readers tracking Grindwell Norton Stock News, the important context is the price move, turnover, valuation and the company’s position in the abrasives sector. Univest will frame the move using only the confirmed numbers so investors can compare today’s share price rise with fundamentals, sector benchmarks and peers.
Grindwell Norton Share Price was in focus in today’s market after the stock rose 2.3% to Rs 1,905, adding Rs 42.75 from the previous close of Rs 1,862.25. The company’s market capitalisation stands at Rs 20,472.68 Cr, placing the move in the context of a meaningful listed business rather than a small trading print. The day opened at Rs 1,861, matched the day low, and reached Rs 1,905, which was also the day high. That combination confirms a clean intraday upward move, but the supplied data does not establish a company-specific catalyst. For readers searching Grindwell Norton Share Price Today, Grindwell Norton Stock News or Grindwell Norton Share Price Update, the verified facts point to a same-day price rise that should be viewed alongside valuation, sector positioning and peer numbers.
Grindwell Norton Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,905 |
| Previous Close | Rs 1,862.25 |
| Today's Move | Rs 42.75 (+2.3%) |
| Open | Rs 1,861 |
| High | Rs 1,905 |
| Low | Rs 1,861 |
| Turnover | Rs 0.06 crore |
| Market Capitalisation | Rs 20,472.68 crore |
| Market Cap Category | Large Cap |
Grindwell Norton Ltd. (GRINDWELL) rose to Rs 1,905 from the previous close of Rs 1,862.25, a move of Rs 42.75 or 2.3%. The stock opened at Rs 1,861, reached a high of Rs 1,905, recorded a low of Rs 1,861.
Grindwell Norton Share Price Today shows a gain of Rs 42.75, or 2.3%, from Rs 1,862.25 to Rs 1,905. The stock opened at Rs 1,861, stayed at that level as the day’s low, and finished at the day’s high of Rs 1,905. Turnover for the session was Rs 0.06 Cr. On the verified data alone, this is a same-day price rise and a top-gainer style move within the stock’s own daily range, but it is not accompanied by a stated reason in the supplied record. For Grindwell Norton Share News and Grindwell Norton Share Price Live searches, the key point is that today’s move was fully reflected in the closing price and the intraday high.
Grindwell Norton Ltd. (GRINDWELL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 20,472.68 crore |
| P/E Ratio | 47.26x |
| P/B Ratio | 7.85x |
| ROE | 17.55% |
| ROCE | 23.52% |
| EPS | Rs 39.41 |
| Book Value Per Share | Rs 237.29 |
| Dividend Yield | 1.02% |
Grindwell Norton Ltd. (GRINDWELL) fundamental metrics show P/E 47.26x, P/B 7.85x, ROE 17.55%, ROCE 23.52%. These figures provide context only and are not a buy or sell signal.
Grindwell Norton Ltd. has a market capitalisation of Rs 20472.68 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 47.26x, P/B at 7.85x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 17.55% and ROCE of 23.52%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 39.41, book value per share of Rs 237.29, dividend yield of 1.02%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 98.66x, median ROE of 5.85%, median ROCE of 9.32%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Abrasives |
| Industry | Abrasives |
| Benchmark Scope | same industry |
| Company P/E Ratio | 47.26x |
| Benchmark Median P/E | 98.66x |
| Benchmark Average P/E | 83.04x |
| Benchmark P/E Range | 47.26x to 103.21x |
| Company P/B Ratio | 7.85x |
| Benchmark Median P/B | 6.73x |
| Company ROE | 17.55% |
| Benchmark Median ROE | 5.85% |
| Company ROCE | 23.52% |
| Benchmark Median ROCE | 9.32% |
| Company Market Capitalisation | Rs 20,472.68 crore |
| Benchmark Median Market Cap | Rs 20,019.26 crore |
Grindwell Norton Ltd. (GRINDWELL) is classified under sector: Abrasives and industry: Abrasives.
Grindwell Norton Ltd. (GRINDWELL) has a P/E ratio of 47.26x, which is below the benchmark median of 98.66x, a difference of -52.1%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Grindwell Norton Ltd. (GRINDWELL) has a ROE of 17.55%, which is above the benchmark median of 5.85%, a difference of +200%. Grindwell Norton Ltd. (GRINDWELL) has a ROCE of 23.52%, which is above the benchmark median of 9.32%, a difference of +152.36%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Carborundum Universal Ltd. | CARBORUNIV | 20,019.26 | 98.66 | 5.27 | 4.57 | 7.66 |
| Wendt (India) Ltd. | WENDT | 1,737.03 | 103.21 | 6.73 | 5.85 | 9.32 |
Grindwell Norton Ltd. (GRINDWELL) has a P/E ratio of 47.26x compared with the displayed peer median of 100.94x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 17.55% compares with a peer median of 5.21% across the companies shown in the table. ROCE stood at 23.52% versus the displayed peer median of 8.49%, providing a capital-efficiency comparison. Grindwell Norton Ltd. (GRINDWELL) has a market capitalisation of Rs 20,472.68 crore. Among the 2 peers shown, 0 have a larger market capitalisation.
Why Investors Are Watching Grindwell Norton
- Grindwell Norton Share Price rose 2.3% today to Rs 1,905 from Rs 1,862.25.
- The company’s market capitalisation is Rs 20,472.68 Cr, which places the move on a large listed base.
- P/E is 47.26, P/B is 7.85, and the stock is trading with a defined valuation profile.
- ROE of 17.55% and ROCE of 23.52% provide earnings and capital-return context.
- In the Abrasives sector, the stock’s P/E is below the supplied industry benchmark median and average.
About Grindwell Norton
Grindwell Norton Ltd. operates in the Abrasives sector and the Abrasives industry. The supplied data positions it as a sizeable listed company with a market capitalisation of Rs 20,472.68 Cr and a strong presence in its industry benchmark set. The business is understood through its sector identity and the financial measures provided in the market data, including earnings, book value and return ratios. For readers looking at Grindwell Norton Company News, the important point is that the stock belongs to a niche industrial segment where valuation and return measures often vary widely across peers.
On the numbers supplied, the company’s EPS is Rs 39.41, book value is Rs 237.29 and dividend yield is 1.02%. These figures help frame Grindwell Norton Share Price in a business context rather than as a one-day chart move. Univest uses such company detail to connect Grindwell Norton Share Price Today with the broader stock story, while keeping the analysis grounded in the confirmed data only.
Track Grindwell Norton Share Price on Univest
Use Grindwell Norton Ltd. (GRINDWELL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Investors can track Grindwell Norton Share Price on Univest for live share price updates, fundamental ratios, shareholding pattern, 52-week levels and market insights. The platform also helps readers follow Grindwell Norton Stock News, Grindwell Norton Share Price Live movement and broader stock analysis in one place. Univest keeps the presentation structured so that today’s price rise can be compared with valuation, sector context and future market updates without speculation.
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 Grindwell Norton Share Price rise today?
Ans. The verified data shows Grindwell Norton Share Price rose 2.3% to Rs 1,905, but it does not establish a company-specific catalyst. The move is confirmed by the day’s open, high, low and closing prices.
What is Grindwell Norton Share Price today?
Ans. Grindwell Norton Share Price today is Rs 1,905. The stock gained Rs 42.75 over the previous close of Rs 1,862.25, making it a clear same-day rise in the market session covered here.
What is the market capitalisation of Grindwell Norton?
Ans. Grindwell Norton has a market capitalisation of Rs 20,472.68 Cr. That scale helps frame the share price move as one in a significant listed company rather than a low-value trading name.
How does Grindwell Norton compare with peers?
Ans. Compared with Carborundum Universal and Wendt (India), Grindwell Norton has a lower P/E but higher ROE and ROCE. Its P/B is also higher, while its market cap is above both supplied peers.
What do Grindwell Norton fundamentals show?
Ans. The company shows a P/E of 47.26, P/B of 7.85, ROE of 17.55%, ROCE of 23.52%, EPS of Rs 39.41, book value of Rs 237.29 and dividend yield of 1.02%.
Which sector does Grindwell Norton belong to?
Ans. Grindwell Norton belongs to the Abrasives sector and the Abrasives industry. The supplied benchmark covers 3 same-industry companies, allowing direct comparison of valuation, return ratios and market capitalisation. The stock belongs to the Abrasives sector.
