{"id":275322,"date":"2026-09-28T15:00:09","date_gmt":"2026-09-28T09:30:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=275322"},"modified":"2026-09-28T15:00:09","modified_gmt":"2026-09-28T09:30:09","slug":"why-grindwell-norton-share-price-price-fall-2026-09-28","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/why-grindwell-norton-share-price-price-fall-2026-09-28\/","title":{"rendered":"Grindwell Norton (GRINDWELL) Share Price falls 2.44% as stock closes at Rs 1,922"},"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 1,922 today, down 2.44% from the previous close. Market cap was Rs 21,812.39 crore.<\/em><\/div>\n<p class=\"univest-article-timestamp\" style=\"font-size:14px;color:#5F6673;margin:8px 0 18px 0;;margin-top:0!important;margin-bottom:0!important;\"><strong>Published:<\/strong>&nbsp;&nbsp;&nbsp;28 September 2026 at 2:53:24 PM IST<\/p>\n<p style=\"margin-top:0!important;\"><strong>Grindwell Norton Share Price<\/strong> declined to Rs 1,922, down 2.44% from the previous close, with the company valued at Rs 21,812.39 crore by market capitalisation. The move makes Grindwell Norton Stock News relevant for readers tracking today\u2019s decline, especially because the data confirms a clear price fall but does not establish a company-specific catalyst. The session also places the stock within the large cap category, which is useful context for Grindwell Norton Share Price Today and for investors comparing price action with valuation and sector data. Univest is tracking the day\u2019s move alongside the company\u2019s fundamentals, abrasives industry backdrop and peer benchmarks.<\/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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#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-price-fall-2026-09-28\/#What_are_the_key_valuation_metrics_for_Grindwell_Norton_Share_Price\" title=\"What are the key valuation metrics for Grindwell Norton Share Price?\">What are the key valuation metrics for Grindwell Norton Share Price?<\/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-price-fall-2026-09-28\/#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 1,922<\/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 1,970.05<\/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 48.05 (-2.44%)<\/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 1,956.75<\/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 1,964.85<\/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 1,918.4<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\"><strong>Turnover<\/strong><\/td>\n<td style=\"border:1px solid #E3E7EE;padding:10px 12px;\">Rs 0.05 crore<\/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 21,812.39 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 1,956.75 and moved between an intraday high of Rs 1,964.85 and a low of Rs 1,918.4. The stock closed at Rs 1,922 after slipping Rs 48.05, or 2.44%, from the previous close of Rs 1,970.05. This makes the day\u2019s range relatively contained, with the close sitting near the lower end of the session band. Turnover stood at Rs 0.05 crore, which is the only traded-value figure available for the session. The company\u2019s market-cap category is Large Cap, and the market capitalisation stands at Rs 21,812.39 crore. For readers following Grindwell Norton Stock News, the visible fact pattern is straightforward: a same-day share price fall with no verified catalyst in the supplied data. That is the right starting point before moving to the longer-term context behind the move, including how Grindwell Norton Share Price compares with valuation benchmarks and sector peers.<\/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 21,812.39 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;\">49.99x<\/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;\">8.3x<\/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;\">0.96%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Grindwell Norton Share Price sits alongside a market capitalisation of Rs 21,812.39 crore and an enterprise-value-style valuation profile reflected in its listed metrics through the P\/E ratio of 49.99 and P\/B ratio of 8.3. The EPS is Rs 39.41, which is the earnings attributable to each share, while book value is Rs 237.29, which shows the accounting net worth per share. The dividend yield is 0.96%, a factual payout metric rather than a forecast. On profitability, ROE is 17.55% and ROCE is 23.52%, both of which help frame the stock\u2019s financial quality against its current price. In a high-level sense, Grindwell Norton Stock Analysis is supported by a profitable profile, but the valuation multiples remain important to watch because the share price already reflects a premium versus many listed industrial names. Univest places these figures in context rather than turning them into a recommendation. For investors asking about Grindwell Norton Fundamental Analysis, the key question is how much of this operating quality is already embedded in the current share price. That bridge naturally leads to ownership and sector comparison.<\/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;\">49.99x<\/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;\">101.99x<\/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;\">89.45x<\/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;\">49.99x to 116.38x<\/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;\">8.3x<\/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;\">6.65x<\/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;\">7.05x<\/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 21,812.39 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 21,812.39 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 15,964.17 crore<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The abrasives sector provides an important valuation benchmark for Grindwell Norton Share Price. In the same-industry comparison set of 3 companies, Grindwell Norton\u2019s P\/E ratio of 49.99 is below the sector benchmark median of 101.99 and the average of 89.45, while matching the benchmark minimum of 49.99. Its P\/B ratio of 8.3 is above the benchmark median of 6.65 and the benchmark average of 7.05, and it stands at the top end of the displayed range. ROE of 17.55% is above the benchmark median of 5.85% and average of 9.32%, while ROCE of 23.52% is also above the benchmark median of 9.32% and average of 13.5%. The benchmark market-cap median is Rs 21,812.39 crore, exactly matching Grindwell Norton\u2019s market capitalisation, with the benchmark scope to the same industry. In sector terms, this means Grindwell Norton Share Price is backed by stronger displayed return ratios than the benchmark median, even as the P\/B multiple is higher than the sector range midpoint. Univest uses this comparison to show where the stock stands relative to industry peers, not to predict the next move.<\/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;\">24,351.35<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">116.38<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.21<\/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;\">1,728.76<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">101.99<\/td>\n<td style=\"border:1px solid #E3E7EE;padding:8px;\">6.65<\/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>Peer comparison helps frame Grindwell Norton Share Price against other listed abrasives names. Carborundum Universal carries a higher P\/E of 116.38 and a lower P\/B of 6.21, with ROE of 4.57% and ROCE of 7.66% on a market cap of Rs 24,351.35 crore. Wendt (India) shows a P\/E of 101.99, P\/B of 6.65, ROE of 5.85% and ROCE of 9.32%, with market cap of Rs 1,728.76 crore. Against these peers, Grindwell Norton\u2019s P\/E of 49.99 is the lowest in the displayed set, while its P\/B of 8.3 is the highest. Its ROE of 17.55% and ROCE of 23.52% are also higher than the peer figures shown here. On market capitalisation, Grindwell Norton sits below Carborundum Universal but far above Wendt (India). For Grindwell Norton Stock News readers, the takeaway is a mix of lower earnings multiple and richer asset multiple relative to the same peer set, with stronger displayed return ratios.<\/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>The stock fell 2.44% today and closed at Rs 1,922, below the previous close of Rs 1,970.05.<\/li>\n<li>Intraday movement stayed between Rs 1,918.4 and Rs 1,964.85 after an open at Rs 1,956.75.<\/li>\n<li>Market capitalisation stands at Rs 21,812.39 crore and the company is classified as Large Cap.<\/li>\n<li>The P\/E ratio is 49.99, P\/B ratio is 8.3, ROE is 17.55% and ROCE is 23.52%.<\/li>\n<li>In the abrasives peer set, the company\u2019s P\/E is lower than the two listed peers, while its P\/B is higher.<\/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 supplied data positions the company within a same-industry benchmark set and shows its listed presence on both NSE and BSE search intent through Grindwell Norton Share Price coverage. The company\u2019s current valuation profile includes market capitalisation, P\/E, P\/B, ROE, ROCE, EPS, book value and dividend yield figures, which together create the fundamental context around today\u2019s decline. For readers tracking Grindwell Norton Share Price Today, the most relevant point is that the move occurred in a company with a substantial market value and a detailed comparative peer base in its own industry.<\/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&nbsp;<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>Univest tracks Grindwell Norton Share Price with live price context, valuation ratios, shareholding pattern where available, 52-week levels and market insights. Users can revisit Grindwell Norton Stock News, Grindwell Norton Share News and broader Grindwell Norton Stock Analysis on the same company page for a consolidated 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>&nbsp;&nbsp;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).<\/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;&nbsp;The supplied data shows Grindwell Norton Share Price fell 2.44% to Rs 1,922 from Rs 1,970.05, but it does not establish a company-specific catalyst. Univest is therefore treating the decline as a verified price event only.<\/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;&nbsp;Grindwell Norton Share Price today is Rs 1,922. The stock opened at Rs 1,956.75, touched an intraday high of Rs 1,964.85 and a low of Rs 1,918.4 before closing below the previous session\u2019s level.<\/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;&nbsp;Grindwell Norton Share Price fell Rs 48.05, which equals 2.44% for the day. The move came from the previous close of Rs 1,970.05 and finished at Rs 1,922 by the session end.<\/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;&nbsp;Grindwell Norton has a market capitalisation of Rs 21,812.39 crore. The stock is classified as Large Cap in the supplied data, which gives the price move important company-size context for Grindwell Norton Share Price Today.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_valuation_metrics_for_Grindwell_Norton_Share_Price\"><\/span><strong>What are the key valuation metrics for Grindwell Norton Share Price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong>&nbsp;&nbsp;The key valuation metrics are P\/E at 49.99 and P\/B at 8.3. EPS is Rs 39.41, book value is Rs 237.29 and dividend yield is 0.96%, all of which add context to Grindwell Norton Share Price.<\/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;&nbsp;In the displayed peer set, Grindwell Norton\u2019s P\/E of 49.99 is lower than both Carborundum Universal and Wendt (India), while its P\/B of 8.3 is higher than both peers. Its ROE and ROCE are also stronger on the supplied figures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grindwell Norton Share Price falls to Rs 1,922. marking a 2.44% fall today. Market cap stands at Rs 21,812.39 crore.<\/p>\n","protected":false},"author":29,"featured_media":275321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[],"class_list":["post-275322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["275321"],"rank_math_title":["Grindwell Norton Share Price Today: Price Fall Analysis"],"rank_math_description":["Grindwell Norton Share Price fell 2.44% to Rs 1,922. Read today\u2019s price action, valuation, sector comparison 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\/09\/grindwell-norton-grindwell-share-price-falls-2-44-as-stock-closes-at-rs-1-922.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275322","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\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=275322"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275322\/revisions"}],"predecessor-version":[{"id":275323,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/275322\/revisions\/275323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/275321"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=275322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=275322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=275322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}