
Carborundum Universal (CARBORUNIV) Share Price Falls 2.28% Today
Updated: 7 Sept 2026 • 12:58 pm
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Carborundum Universal Share Price fell to Rs 1,105.20 today, down 2.28% or Rs 25.80 from the previous close of Rs 1,131.00, taking the company’s market capitalisation to Rs 21,546.16 crore. The stock opened at Rs 1,140.00 and slipped to an intraday low of Rs 1,105.20, which was also the current price at the time of writing.
This stock news update confirms the price event, but the supplied data does not establish a company-specific catalyst for today’s decline. Even so, the move remains relevant because the stock now sits below its 50-day moving average of Rs 1,115.35 while remaining above its 200-day moving average of Rs 977.88.
From a broader perspective, the main metrics in focus are valuation and returns. Carborundum Universal trades at a P/E ratio of 102.97 and a P/B ratio of 5.50, while ROE stands at 4.57% and ROCE at 7.66%. That puts today’s decline in a wider context: a large-cap abrasives company trading at the top end of its industry P/E range, with profitability metrics below industry averages.
Carborundum Universal (CARBORUNIV) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 1,105.2 |
| Previous Close | Rs 1,131 |
| Today's Move | -Rs 25.80 (-2.28%) |
| Open | Rs 1,140 |
| High | Rs 1,148 |
| Low | Rs 1,105.2 |
| Turnover | Rs 4.13 crore |
| Market Capitalisation | Rs 21,546.16 crore |
| Market Cap Category | Large Cap |
Carborundum Universal Share Price Today reflects a clear same-day decline, with the stock falling from the previous close of Rs 1,131.00 to Rs 1,105.20. The trading range was relatively wide, with the session opening at Rs 1,140.00, touching a high of Rs 1,148.00 and then weakening to a low of Rs 1,105.20. Turnover stood at Rs 4.13 crore.
The intraday pattern matters. Opening above the previous close and then retreating toward the day’s low indicates that the stock lost ground as the session progressed. Because the current price matched the day low at the captured time, the move suggests the stock remained under pressure into midday trading rather than recovering sharply after the opening range.
In company-size context, it remains a Large Cap stock with a market cap of Rs 21,546.16 crore. That makes today’s decline notable for investors tracking established names in the listed abrasives space. The next step is to place this price action alongside the stock’s technical and valuation profile.
Carborundum Universal (CARBORUNIV) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 21,546.16 crore |
| P/E Ratio | 102.97x |
| P/B Ratio | 5.5x |
| ROE | 4.57% |
| ROCE | 7.66% |
| EPS | Rs 10.98 |
| Book Value Per Share | Rs 205.76 |
| Dividend Yield | 0.35% |
Carborundum Universal fundamental analysis shows a company with sizeable market value but demanding valuation multiples relative to its current profitability. The market capitalisation stands at Rs 21,546.16 crore, while the stock trades at a P/E ratio of 102.97 and a P/B ratio of 5.50. EPS is Rs 10.98 and book value per share is Rs 205.76. Dividend yield stands at 0.35%.
The return profile is more moderate than the valuation multiples might imply. ROE is 4.57%, measuring return generated on shareholder equity, while ROCE is 7.66%, showing returns on capital employed. Those figures suggest that any assessment of the stock needs to weigh profitability quality along with headline valuation.
For investors following earnings and financial results, the key takeaway from today’s decline is that the stock still carries premium earnings and book-based multiples despite modest return ratios. That makes the combination of price movement and fundamentals relevant, especially when compared with direct industry peers.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Abrasives |
| Industry | Abrasives |
| Benchmark Scope | same industry |
| Company P/E Ratio | 102.97x |
| Benchmark Median P/E | 96.31x |
| Benchmark Average P/E | 83.02x |
| Benchmark P/E Range | 49.79x to 102.97x |
| Company P/B Ratio | 5.5x |
| Benchmark Median P/B | 6.28x |
| Benchmark Average P/B | 6.68x |
| 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 21,546.16 crore |
| Benchmark Median Market Cap | Rs 21,546.16 crore |
| Benchmark Average Market Cap | Rs 14,967.68 crore |
The sector snapshot places the company within the Abrasives industry. In the same-industry comparison set of 3 companies, its P/E ratio of 102.97 is above the median of 96.31 and above the average of 83.02. It is also equal to the maximum of the peer set, meaning the stock is trading at the top end of the supplied industry P/E range.
The picture is different on price-to-book. The company’s P/B ratio of 5.50 is the minimum in the industry set, below the median of 6.28 and the average of 6.68. That means the stock screens as less expensive than peers on book value even though it appears more expensive on earnings.
Profitability sits below the industry benchmark on the supplied numbers. ROE at 4.57% is lower than the industry median of 5.85% and average of 9.32%. ROCE at 7.66% is also below the median of 9.32% and average of 13.50%. In market-cap terms, however, the company remains one of the biggest names in its space: its market cap of Rs 21,546.16 crore matches the industry median, exceeds the average of Rs 14,967.68 crore and sits just below the maximum of Rs 21,724.37 crore.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Grindwell Norton | GRINDWELL | 21,724.37 | 49.79 | 8.27 | 17.55 | 23.52 |
| Wendt (India) | WENDT | 1,632.51 | 96.31 | 6.28 | 5.85 | 9.32 |
Peer comparison shows that the company sits between its two listed abrasives peers on some metrics and trails on others. Against Grindwell Norton, it has a similar market size, with Rs 21,546.16 crore versus Rs 21,724.37 crore. But the valuation gap is wide: the stock trades at a P/E of 102.97 compared with 49.79 for Grindwell Norton. At the same time, Grindwell Norton posts materially stronger profitability, with ROE of 17.55% and ROCE of 23.52% against 4.57% and 7.66% here.
Versus Wendt (India), the company is far larger in market-cap terms, at Rs 21,546.16 crore against Rs 1,632.51 crore. Its P/E of 102.97 is slightly above Wendt’s 96.31, while its P/B of 5.50 is below Wendt’s 6.28. However, Wendt still has somewhat higher returns, with ROE of 5.85% and ROCE of 9.32%.
That peer set suggests the current Carborundum Universal Share Price is being valued generously on earnings relative to both direct peers, while its return ratios are lower than each of them. This is one of the clearest reasons why today’s decline is attracting attention beyond simple intraday price action.
Why Investors Are Watching Carborundum Universal
- The stock declined 2.28% today to Rs 1,105.20 from the previous close of Rs 1,131.00.
- The price moved from an open of Rs 1,140.00 to a low of Rs 1,105.20, showing intraday weakness.
- It trades below the 50 DMA of Rs 1,115.35 but above the 200 DMA of Rs 977.88, indicating mixed trend positioning.
- The P/E ratio of 102.97 is above industry median and average levels, while ROE of 4.57% and ROCE of 7.66% trail benchmarks.
- As a Large Cap abrasives company with Rs 21,546.16 crore market cap, the stock remains a meaningful sector bellwether.
About Carborundum Universal
Carborundum Universal operates in the Abrasives sector and industry. Based on the supplied classification, it is part of a compact listed peer set where direct comparisons are available with Grindwell Norton and Wendt (India). With a market capitalisation of Rs 21,546.16 crore, the company stands among the larger names in its industry and sits close to the top end of the sector’s market-cap range.
For investors following company developments, that industry positioning matters because the market often evaluates the business not only on price action but also on how its valuation and return profile compare with other abrasives businesses.
Track Carborundum Universal Share Price on Univest
UseCarborundum Universal (CARBORUNIV) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
On Univest, users can track Carborundum Universal Share Price live with price action, moving-average context, valuation ratios, profitability metrics and peer comparison. Carborundum Universal Share Price Today is especially relevant when intraday moves coincide with premium valuation or changing sector context.
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 is Carborundum Universal Share Price falling today?
Ans. Carborundum Universal Share Price fell 2.28% to Rs 1,105.20 from the previous close of Rs 1,131.00. The supplied data confirms the decline, but it does not identify a company-specific catalyst for today’s move.
What is Carborundum Universal Share Price Today?
Ans. Carborundum Universal Share Price Today is Rs 1,105.20 at the captured time. The stock was down Rs 25.80, or 2.28%, after opening at Rs 1,140.00 and trading within a Rs 1,148.00 to Rs 1,105.20 range.
What does today’s price action show for Carborundum Universal?
Ans. Today’s price action shows the stock opened above the previous close at Rs 1,140.00, touched Rs 1,148.00, and then weakened to Rs 1,105.20. That places the captured price at the session low, signalling intraday weakness.
Is Carborundum Universal a large-cap stock?
Ans. Yes, Carborundum Universal is classified as a Large Cap stock. Its market capitalisation is Rs 21,546.16 crore, making it one of the larger listed companies within the supplied Abrasives industry comparison set.
How is Carborundum Universal valued right now?
Ans. The stock trades at a P/E ratio of 102.97 and a P/B ratio of 5.50. Within the supplied industry set, its P/E is the highest, while its P/B is the lowest among the three compared companies.
What do Carborundum Universal’s ROE and ROCE indicate?
Ans. Carborundum Universal reports ROE of 4.57% and ROCE of 7.66%. Both are below the industry median of 5.85% and 9.32%, and also below the industry averages of 9.32% and 13.50%.
How does Carborundum Universal compare with Grindwell Norton and Wendt?
Ans. Carborundum Universal is close to Grindwell Norton in market cap but trades at a much higher P/E. Against both Grindwell Norton and Wendt, its ROE and ROCE are lower on the supplied peer comparison data.
What does the moving-average setup suggest for the stock?
Ans. The current price of Rs 1,105.20 is below the 50-day moving average of Rs 1,115.35, but above the 200-day moving average of Rs 977.88. That indicates near-term softness within a still-higher long-term price level.
What are the key per-share metrics for Carborundum Universal?
Ans. EPS stands at Rs 10.98, book value per share is Rs 205.76, and dividend yield is 0.35%. Together, these metrics help investors judge earnings support, accounting net worth and historical payout relative to price.
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