{"id":225081,"date":"2026-09-01T09:58:34","date_gmt":"2026-09-01T04:28:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=225081"},"modified":"2026-10-22T10:08:42","modified_gmt":"2026-10-22T04:38:42","slug":"why-grindwell-norton-share-price-fall-today-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/","title":{"rendered":"Grindwell Norton (GRINDWELL) Share Price Falls 2.49% as Large Cap Trades at Rs 1,832.70"},"content":{"rendered":"<div class=\"univest-blue-summary\" style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:12px 16px;margin:0 0 18px 0;font-style:italic;\"><em><a href=\"https:\/\/univest.in\/stocks\/grindwell\/grindwell-norton-ltd-share-price-today\">Grindwell Norton (GRINDWELL)<\/a> share price fell to Rs 1,832.7 today, down 2.49% from the previous close. Market cap was Rs 20,188.13 crore.<\/em><\/div>\n<p style=\"margin-top:0!important;\">Grindwell Norton Share Price was at Rs 1,832.70, down 2.49% from the previous close of Rs 1,879.45, with market capitalisation at Rs 20,188.13 crore as of 22 October 2026 at 9:53:17 AM IST. The decline is an event-led price move in a Large Cap stock, and the latest Univest figures confirm the market action without assigning a company-specific trigger. Grindwell Norton Share Price therefore becomes relevant for investors tracking abrasives sector valuation, peer comparison and the day\u2019s price action. Univest data confirms the move itself, though no company-specific trigger has been identified. For readers following Grindwell Norton Share Price Today, the latest move sits inside a live trading session and should be read alongside the company\u2019s fundamentals and sector benchmark.<\/p>\n<p>Grindwell Norton Share Price also matters because the stock combines a premium valuation with solid return ratios. That mix makes each price fall more visible in market discussion, especially when investors compare Grindwell Norton Share Price with other abrasives names. The day\u2019s decline is not being linked here to any news catalyst beyond the confirmed price event itself. In this Grindwell Norton Share Price news update, the focus is on what the numbers show, what the sector benchmark says and what should be monitored next.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Grindwell_Norton_GRINDWELL_Share_Price_Today_Price_Action_Analysis\" title=\"Grindwell Norton (GRINDWELL) Share Price Today: Price Action Analysis\">Grindwell Norton (GRINDWELL) Share Price Today: Price Action Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Grindwell_Norton_GRINDWELL_Fundamental_Analysis\" title=\"Grindwell Norton (GRINDWELL) Fundamental Analysis\">Grindwell Norton (GRINDWELL) Fundamental Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Sector_and_Industry_Context\" title=\"Sector and Industry Context\">Sector and Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Peer_Comparison\" title=\"Peer Comparison\">Peer Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Why_Investors_Are_Watching_Grindwell_Norton\" title=\"Why Investors Are Watching Grindwell Norton\">Why Investors Are Watching Grindwell Norton<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#About_Grindwell_Norton\" title=\"About Grindwell Norton\">About Grindwell Norton<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Track_Grindwell_Norton_Share_Price_on_Univest\" title=\"Track Grindwell Norton Share Price on Univest\">Track Grindwell Norton Share Price on Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Why_is_Grindwell_Norton_Share_Price_falling_today\" title=\"Why is Grindwell Norton Share Price falling today?\">Why is Grindwell Norton Share Price falling today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#What_is_Grindwell_Norton_Share_Price_Today\" title=\"What is Grindwell Norton Share Price Today?\">What is Grindwell Norton Share Price Today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#How_much_did_Grindwell_Norton_Share_Price_fall\" title=\"How much did Grindwell Norton Share Price fall?\">How much did Grindwell Norton Share Price fall?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#What_is_the_market_capitalisation_of_Grindwell_Norton\" title=\"What is the market capitalisation of Grindwell Norton?\">What is the market capitalisation of Grindwell Norton?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#Is_Grindwell_Norton_Share_Price_expensive_compared_with_peers\" title=\"Is Grindwell Norton Share Price expensive compared with peers?\">Is Grindwell Norton Share Price expensive compared with peers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#How_strong_are_Grindwell_Nortons_return_ratios\" title=\"How strong are Grindwell Norton\u2019s return ratios?\">How strong are Grindwell Norton\u2019s return ratios?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#What_do_EPS_and_book_value_show_for_Grindwell_Norton\" title=\"What do EPS and book value show for Grindwell Norton?\">What do EPS and book value show for Grindwell Norton?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#What_is_Grindwell_Nortons_dividend_yield\" title=\"What is Grindwell Norton\u2019s dividend yield?\">What is Grindwell Norton\u2019s dividend yield?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-fall-today-2026\/#How_does_Grindwell_Norton_compare_with_abrasives_peers\" title=\"How does Grindwell Norton compare with abrasives peers?\">How does Grindwell Norton compare with abrasives peers?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Grindwell_Norton_GRINDWELL_Share_Price_Today_Price_Action_Analysis\"><\/span><strong>Grindwell Norton (GRINDWELL) Share Price Today: Price Action Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Current Price<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,832.7<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Previous Close<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,879.45<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Today&#39;s Move<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">-Rs 46.75 (-2.49%)<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Open<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,860<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>High<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,860<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Low<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 1,827.3<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 20,188.13 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Cap Category<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Large Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Grindwell Norton Share Price Today opened at Rs 1,860.00, touched a high of Rs 1,860.00 and a low of Rs 1,827.30, and was last traded at Rs 1,832.70. The stock was down Rs 46.75 from the previous close, which places the day\u2019s move at -2.49%. For Grindwell Norton Share Price, the intraday range shows a gap between the opening level and the day low, while the last traded price stayed below the previous close throughout the update window. The market capitalisation of Rs 20,188.13 crore keeps Grindwell Norton Share Price in the Large Cap bracket, which is important context when the stock moves sharply in percentage terms. Investors tracking Grindwell Norton Share Price Today can note that the move was confirmed early in the session and remained a clear share price fall. That sets up the next question around fundamentals and sector context.<\/p>\n<p>For Grindwell Norton Share Price, the day\u2019s range also shows that the stock traded entirely below the opening level after the first print. That does not explain the move by itself, but it gives a clean picture of price action. Grindwell Norton Share Price news is therefore best read as a price event first, and only then through valuation and peer comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Grindwell_Norton_GRINDWELL_Fundamental_Analysis\"><\/span><strong>Grindwell Norton (GRINDWELL) Fundamental Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 20,188.13 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">47.69x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7.92x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.55%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">23.52%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>EPS<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 39.41<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Book Value Per Share<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 237.29<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Dividend Yield<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">1.01%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Grindwell Norton (GRINDWELL) fundamental metrics show P\/E 47.69x, P\/B 7.92x, ROE 17.55%, ROCE 23.52%. Read together, these ratios describe the company&#8217;s position rather than a recommendation.<\/p>\n<p>Grindwell Norton 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 47.69x, P\/B at 7.92x 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 1.01%, 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 74.66x, 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sector_and_Industry_Context\"><\/span><strong>Sector and Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Metric<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:10px 12px;background:#F7F9FC;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Sector<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Abrasives<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Industry<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Abrasives<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Scope<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">same industry<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/E Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">47.69x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">74.66x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/E<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">72.91x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark P\/E Range<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">47.69x to 96.38x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company P\/B Ratio<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">7.92x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">5.67x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average P\/B<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">6.24x<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">17.55%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">5.85%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.32%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">23.52%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">9.32%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average ROCE<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">13.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Company Market Capitalisation<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 20,188.13 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Median Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 20,188.13 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Benchmark Average Market Cap<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 14,155.89 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Grindwell Norton (GRINDWELL) operates in the Abrasives sector, within the Abrasives industry.<\/p>\n<p>Grindwell Norton (GRINDWELL) has a P\/E ratio of 47.69x, which is below the benchmark median of 74.66x, a difference of -36.12%. The P\/E comparison frames valuation; it is not a signal to buy or sell.<\/p>\n<p>Grindwell Norton (GRINDWELL) has a ROE of 17.55%, which is above the benchmark median of 5.85%, a difference of +200%. Grindwell Norton (GRINDWELL) has a ROCE of 23.52%, which is above the benchmark median of 9.32%, a difference of +152.36%.<\/p>\n<p>Track stocks among today&#39;s decliners through the <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>. The peer table below provides the company-level comparison.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Peer_Comparison\"><\/span><strong>Peer Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width:100%;border-collapse:collapse;margin:16px 0 22px 0;\">\n<thead>\n<tr>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Company<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Symbol<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">Market Cap (Cr)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/E<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">P\/B<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROE (%)<\/th>\n<th style=\"text-align:left;border:1px solid #E3E7EE;padding:8px;background:#F7F9FC;\">ROCE (%)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/carboruniv\/carborundum-universal-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Carborundum Universal<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">CARBORUNIV<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">20,737.03<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">96.38<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.14<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">4.57<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">7.66<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/wendt\/wendt-(india)-ltd-share-price-today\" style=\"color:#0645AD;text-decoration:underline;\"><strong>Wendt (India)<\/strong><\/a><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">WENDT<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">1,542.52<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">74.66<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.67<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">5.85<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">9.32<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Grindwell Norton (GRINDWELL) has a P\/E ratio of 47.69x compared with the displayed peer median of 85.52x. Peer multiples give relative context only, not a buy or sell view. 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 (GRINDWELL) has a market capitalisation of Rs 20,188.13 crore. Among the 2 peers shown, 1 has a larger market capitalisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Investors_Are_Watching_Grindwell_Norton\"><\/span><strong>Why Investors Are Watching Grindwell Norton<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Grindwell Norton Share Price fell 2.49% from the previous close, making the day\u2019s move notable in a live session.<\/li>\n<li>Grindwell Norton Share Price Today traded between Rs 1,827.30 and Rs 1,860.00, which gives a clear intraday range.<\/li>\n<li>Grindwell Norton Share Price carries a Large Cap market capitalisation of Rs 20,188.13 crore.<\/li>\n<li>Grindwell Norton Share Price shows strong ROE of 17.55% and ROCE of 23.52%.<\/li>\n<li>Grindwell Norton Share Price remains in an abrasive sector where peer valuation and return ratios differ sharply.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"About_Grindwell_Norton\"><\/span><strong>About Grindwell Norton<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Grindwell Norton operates in the abrasives sector and the abrasives industry. The business is part of a category used across industrial and manufacturing applications, which is why Grindwell Norton Share Price often gets read through both demand conditions and valuation multiples. The company sits within the Large Cap bracket and has a market capitalisation above Rs 20,000 crore. In this Grindwell Norton Share Price update, the business description stays straightforward: it is an abrasives company with a market position strong enough to sit alongside the leading listed names in the same industry. That makes its price action relevant to investors following sector leadership and company financials.<\/p>\n<p>For Grindwell Norton Share Price, the company profile matters because the market is not valuing it as a small niche name. It is being assessed as a large listed abrasives business with return ratios and valuation ratios that are visible in the peer set. That is why Grindwell Norton Share Price news often lands in both stock market today coverage and fundamental analysis discussion.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Track_Grindwell_Norton_Share_Price_on_Univest\"><\/span><strong>Track Grindwell Norton Share Price on Univest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Use <a href=\"https:\/\/univest.in\/stocks\/grindwell\/grindwell-norton-ltd-share-price-today\">Grindwell Norton (GRINDWELL) live share-price page<\/a>, <a href=\"https:\/\/univest.in\/screeners\/top-decliners\">Univest top decliners screener<\/a>, <a href=\"https:\/\/univest.in\/blogs\">Univest market blogs<\/a> to review live stock data, top decliners and related market analysis.<\/p>\n<p>You can track Grindwell Norton Share Price on Univest for live share price updates, fundamental ratios, 52-week levels and market insights in one place. The same page also helps readers follow Grindwell Norton Share Price news, company financials and peer context without switching between multiple sources. If you are watching Grindwell Norton Share Price Today, Univest keeps the latest numbers together for a cleaner stock analysis view.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Grindwell_Norton_Share_Price_falling_today\"><\/span><strong>Why is Grindwell Norton Share Price falling today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price was down 2.49% to Rs 1,832.70, with no company-specific catalyst established in the verified update. The move is confirmed as a price event, and the session data shows a lower last traded price than the previous.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Grindwell_Norton_Share_Price_Today\"><\/span><strong>What is Grindwell Norton Share Price Today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price Today was Rs 1,832.70 as of 22 October 2026 at 9:53:17 AM IST. It traded below the previous close of Rs 1,879.45 and moved within an intraday range of Rs 1,827.30 to Rs 1,860.00.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Grindwell_Norton_Share_Price_fall\"><\/span><strong>How much did Grindwell Norton Share Price fall?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price fell Rs 46.75, which equals -2.49% from the previous close. That places the stock among the day\u2019s notable movers in its live session, though the update does not assign a reason for the decline.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_capitalisation_of_Grindwell_Norton\"><\/span><strong>What is the market capitalisation of Grindwell Norton?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price is backed by a market capitalisation of Rs 20,188.13 crore. That keeps the company in the Large Cap category and makes its valuation and peer comparison especially relevant in the abrasives industry.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Grindwell_Norton_Share_Price_expensive_compared_with_peers\"><\/span><strong>Is Grindwell Norton Share Price expensive compared with peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price has a P\/E of 47.69, which is below the sector benchmark median of 74.66 and average of 72.91. Its P\/B of 7.92 is above the benchmark median of 5.67 and average of 6.24.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_strong_are_Grindwell_Nortons_return_ratios\"><\/span><strong>How strong are Grindwell Norton\u2019s return ratios?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price sits on ROE of 17.55% and ROCE of 23.52%, both above the abrasives benchmark median and average. Those return ratios help explain why the stock can trade at a premium to book value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_EPS_and_book_value_show_for_Grindwell_Norton\"><\/span><strong>What do EPS and book value show for Grindwell Norton?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price reflects EPS of Rs 39.41 and book value of Rs 237.29. EPS shows earnings attributable to each share, while book value shows the accounting net worth behind each share.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Grindwell_Nortons_dividend_yield\"><\/span><strong>What is Grindwell Norton\u2019s dividend yield?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price has a dividend yield of 1.01%. That figure shows the historical payout relative to the current price and should be read alongside the company\u2019s valuation and return ratios.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_Grindwell_Norton_compare_with_abrasives_peers\"><\/span><strong>How does Grindwell Norton compare with abrasives peers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;Grindwell Norton Share Price compares with Carborundum Universal and Wendt (India) in the same abrasives industry. It has a lower P\/E than both, a higher P\/B, and stronger ROE and ROCE than either peer.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why is Grindwell Norton Share Price falling today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price was down 2.49% to Rs 1,832.70, with no company-specific catalyst established in the verified update. The move is confirmed as a price event, and the session data shows a lower last traded price than the previous.\"}},{\"@type\":\"Question\",\"name\":\"What is Grindwell Norton Share Price Today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price Today was Rs 1,832.70 as of 22 October 2026 at 9:53:17 AM IST. It traded below the previous close of Rs 1,879.45 and moved within an intraday range of Rs 1,827.30 to Rs 1,860.00.\"}},{\"@type\":\"Question\",\"name\":\"How much did Grindwell Norton Share Price fall?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price fell Rs 46.75, which equals -2.49% from the previous close. That places the stock among the day\u2019s notable movers in its live session, though the update does not assign a reason for the decline.\"}},{\"@type\":\"Question\",\"name\":\"What is the market capitalisation of Grindwell Norton?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price is backed by a market capitalisation of Rs 20,188.13 crore. That keeps the company in the Large Cap category and makes its valuation and peer comparison especially relevant in the abrasives industry.\"}},{\"@type\":\"Question\",\"name\":\"Is Grindwell Norton Share Price expensive compared with peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price has a P\/E of 47.69, which is below the sector benchmark median of 74.66 and average of 72.91. Its P\/B of 7.92 is above the benchmark median of 5.67 and average of 6.24.\"}},{\"@type\":\"Question\",\"name\":\"How strong are Grindwell Norton\u2019s return ratios?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price sits on ROE of 17.55% and ROCE of 23.52%, both above the abrasives benchmark median and average. Those return ratios help explain why the stock can trade at a premium to book value.\"}},{\"@type\":\"Question\",\"name\":\"What do EPS and book value show for Grindwell Norton?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price reflects EPS of Rs 39.41 and book value of Rs 237.29. EPS shows earnings attributable to each share, while book value shows the accounting net worth behind each share.\"}},{\"@type\":\"Question\",\"name\":\"What is Grindwell Norton\u2019s dividend yield?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price has a dividend yield of 1.01%. That figure shows the historical payout relative to the current price and should be read alongside the company\u2019s valuation and return ratios.\"}},{\"@type\":\"Question\",\"name\":\"How does Grindwell Norton compare with abrasives peers?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grindwell Norton Share Price compares with Carborundum Universal and Wendt (India) in the same abrasives industry. It has a lower P\/E than both, a higher P\/B, and stronger ROE and ROCE than either peer.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Grindwell Norton Share Price fell 2.49% to Rs 1,832.70 today. Market cap stands at Rs 20,188.13 crore.<\/p>\n","protected":false},"author":35,"featured_media":322348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-225081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["322348"],"rank_math_title":["Grindwell Norton Share Price Fall: Sector and Peer View"],"rank_math_description":["Grindwell Norton Share Price fell 2.49% to Rs 1,832.70. Read the price action, valuation, sector benchmark and peer context."],"rank_math_focus_keyword":["Grindwell Norton Share Price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/Grindwell_Norton_GRINDWELL_Share_Price_Falls_249_as_Large_Cap_Trades_at_Rs_183270_bearish.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=225081"}],"version-history":[{"count":6,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225081\/revisions"}],"predecessor-version":[{"id":322349,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/225081\/revisions\/322349"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/322348"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=225081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=225081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=225081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}