Grindwell Norton (GRINDWELL) Share Price Rises 2.72% as Stock Traded at Rs 1,873
- September 30, 2026
- Posted by: Kunal Singla
- Category: News
Grindwell Norton Share Price rose 2.72% to Rs 1,873, with market cap at Rs 20,188.13 crore as of 21 October 2026 at 3:22:55 PM IST.
Grindwell Norton Share Price is rising today after the stock moved to Rs 1,873, up 2.72% from the previous close, while the company’s market capitalisation stood at Rs 20,188.13 crore. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. That makes the move a price action story first, with valuation and sector context doing the heavier analytical work. Grindwell Norton Share Price remains relevant for investors tracking Grinwell Norton Share Price Today because the latest move comes alongside clear numbers on intraday range, earnings ratios and peer positioning. In this Grindwell Norton Share Price update, the immediate question is not only how far the stock moved, but how the current level compares with its Abrasives peers and the broader sector benchmark. Univest data places the move in a measurable context rather than a speculative one.
Grindwell Norton Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,873 |
| Previous Close | Rs 1,823.35 |
| Today's Move | Rs 49.65 (+2.72%) |
| Open | Rs 1,823.4 |
| High | Rs 1,880.9 |
| Low | Rs 1,804.85 |
| Market Capitalisation | Rs 20,188.13 crore |
| Market Cap Category | Large Cap |
Grindwell Norton Ltd. (GRINDWELL) rose to Rs 1,873 from the previous close of Rs 1,823.35, a move of Rs 49.65 or 2.72%. The stock opened at Rs 1,823.4, reached a high of Rs 1,880.9, recorded a low of Rs 1,804.85.
Grindwell Norton Share Price rose 2.72% today, moving from a previous close of Rs 1,823.35 to Rs 1,873. The stock opened at Rs 1,823.4, touched a high of Rs 1,880.9 and a low of Rs 1,804.85 during the trading session. That places the move within a tight intraday band relative to the current level, with Grindwell Norton Share Price still trading near the upper part of the range. The day change of Rs 49.65 is the clearest headline in the price action, and the current market capitalisation of Rs 20,188.13 crore keeps the stock firmly visible in the Indian market universe. For readers following Grindwell Norton Share Price Today, the point is simple: the stock is higher, the move is quantified, and the intraday range is already established. The next layer is the fundamental context behind Grindwell Norton Share Price.
Grindwell Norton Ltd. (GRINDWELL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 20,188.13 crore |
| P/E Ratio | 46.27x |
| P/B Ratio | 7.68x |
| ROE | 17.55% |
| ROCE | 23.52% |
| EPS | Rs 39.41 |
| Book Value Per Share | Rs 237.29 |
| Dividend Yield | 1.04% |
Grindwell Norton Ltd. (GRINDWELL) fundamental metrics show P/E 46.27x, P/B 7.68x, 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 20,188.13 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 46.27x, P/B at 7.68x 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. According to latest Univest data, additional metrics include EPS of Rs 39.41, book value per share of Rs 237.29, dividend yield of 1.04%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 91x, median ROE of 5.85%, median ROCE of 9.32%. Taken together, they outline the fundamentals rather than a view on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Abrasives |
| Industry | Abrasives |
| Benchmark Scope | same industry |
| Company P/E Ratio | 46.27x |
| Benchmark Median P/E | 91x |
| Benchmark Average P/E | 78.79x |
| Benchmark P/E Range | 46.27x to 99.11x |
| Company P/B Ratio | 7.68x |
| Benchmark Median P/B | 5.93x |
| Company ROE | 17.55% |
| Benchmark Median ROE | 5.85% |
| Company ROCE | 23.52% |
| Benchmark Median ROCE | 9.32% |
| Company Market Capitalisation | Rs 20,188.13 crore |
| Benchmark Median Market Cap | Rs 20,188.13 crore |
Grindwell Norton Ltd. (GRINDWELL) operates in the Abrasives sector, within the Abrasives industry.
Grindwell Norton Ltd. (GRINDWELL) has a P/E ratio of 46.27x, which is below the benchmark median of 91x, a difference of -49.15%. On its own, the P/E gap is a valuation reference point, not a trading call.
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 | 20,737.03 | 99.11 | 5.29 | 4.57 | 7.66 |
| Wendt (India) Ltd. | WENDT | 1,542.52 | 91 | 5.93 | 5.85 | 9.32 |
Grindwell Norton Ltd. (GRINDWELL) has a P/E ratio of 46.27x compared with the displayed peer median of 95.06x. This peer read is a relative benchmark rather than a trading 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 20,188.13 crore. Among the 2 peers shown, only 1 has a larger market capitalisation.
Why Investors Are Watching Grindwell Norton
- Grindwell Norton Share Price is higher today by 2.72%, with the move quantified against a previous close of Rs 1,823.35.
- Grindwell Norton Share Price is trading at Rs 1,873 with an intraday high of Rs 1,880.9 and low of Rs 1,804.85.
- Grindwell Norton Share Price carries a market capitalisation of Rs 20,188.13 crore, which keeps it prominent in the abrasives space.
- Grindwell Norton Share Price shows ROE of 17.55% and ROCE of 23.52%, both above the sector benchmark.
- Grindwell Norton Share Price also sits on a lower P/E than its listed peers, even though its P/B is higher than the benchmark average.
About Grindwell Norton
Grindwell Norton Share Price belongs to Grindwell Norton Ltd., a company in the Abrasives sector and Abrasives industry. The business context is centered on abrasive products, which places the company in a specialised industrial category rather than a broad consumer segment. As a listed company, Grindwell Norton Share Price is followed for its financial ratios, market capitalisation and relative position within the abrasives peer set. The stock’s current valuation profile, with P/E, P/B, ROE, ROCE, EPS, book value and dividend yield all visible in Univest data, gives investors a structured way to review the company alongside its core operating context. For readers studying Grindwell Norton Share Price Today, the company profile and the numeric review belong together: the business is industry-specific, and the stock is being assessed through a defined set of earnings and return measures. That is the most useful way to frame Grindwell Norton Share Price in a company overview.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Grindwell Norton Share Price rising today?
Ans. Grindwell Norton Share Price rose 2.72% to Rs 1,873 from Rs 1,823.35. According to Univest data, the price event is confirmed, but no company-specific catalyst is established. The move is best read through price action and valuation.
What is the current Grindwell Norton Share Price today?
Ans. Grindwell Norton Share Price is Rs 1,873. The stock is trading above its previous close of Rs 1,823.35, with a day change of Rs 49.65 and a market capitalisation of Rs 20,188.13 crore.
How much did Grindwell Norton Share Price move today?
Ans. Grindwell Norton Share Price moved up by 2.72% on the day. The price also traded between Rs 1,804.85 and Rs 1,880.9, which shows the intraday range around the current level of Rs 1,873.
What is the market cap of Grindwell Norton?
Ans. Grindwell Norton Share Price sits with a market capitalisation of Rs 20,188.13 crore. That places it above the benchmark average in the abrasives comparison and close to the benchmark median, based on the same-industry set.
Is Grindwell Norton Share Price expensive versus peers?
Ans. Grindwell Norton Share Price has a P/E of 46.27, below the peer figures of 99.11 and 91. Its P/B of 7.68 is above both peers, so the valuation picture is mixed rather than one-directional.
How does Grindwell Norton compare on profitability?
Ans. Grindwell Norton Share Price is supported by ROE of 17.55% and ROCE of 23.52%. Both are well above the abrasives benchmark median and average, which gives the stock a stronger profitability profile than its listed peers.
What are the EPS and book value for Grindwell Norton?
Ans. Grindwell Norton Share Price has EPS of Rs 39.41 and book value of Rs 237.29. EPS reflects earnings attributable to each share, while book value shows the accounting net worth behind each share.
Does Grindwell Norton offer a dividend yield?
Ans. Grindwell Norton Share Price carries a dividend yield of 1.04%. Dividend yield reflects the historical payout relative to the current price, so it is one part of the overall investment picture rather than the full story.
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.
Track Grindwell Norton Share Price on Univest for live updates, fundamental ratios, 52-week levels and market insights. If you are following Grindwell Norton Share Price Today, Univest brings the price, valuation and sector context into one place. The same page also helps readers review Grindwell Norton Share Price alongside company financials, peer positioning and market capitalisation. For anyone checking Grindwell Norton Share Price updates during the trading session, this is the most direct way to keep the stock on radar without relying on fragmented information. Univest keeps the focus on facts that matter for Grindwell Norton Share Price and the broader abrasives setup.
