Grindwell Norton (GRINDWELL) Share Price Falls 2.18% to Rs 2,011.95; Large Cap Nears Day Low

Published:   31 August 2026 at 10:49:08 AM IST

Grindwell Norton shares fell to Rs 2,011.95, down 2.18%, with market capitalisation at Rs 22,772.89 crore. The move is a same-day price decline, and the supplied data does not establish a company-specific catalyst.

Grindwell Norton Share Price fell today to Rs 2,011.95, down 2.18% from the previous close of Rs 2,056.80, while market capitalisation stood at Rs 22,772.89 crore. The share price decline placed the stock at the day’s low, and the supplied data confirms the price event without identifying a company-specific trigger. For readers tracking Grindwell Norton Share Price Today, the move is notable because it came after an open of Rs 2,039.40 and a high of Rs 2,054.80, before slipping to Rs 2,011.95. Grindwell Norton Stock News for the day therefore centres on verified price action, valuation context and sector positioning rather than a stated event driver. On Univest, the stock can be reviewed alongside the same-day numbers, broader company metrics and peer benchmarks.

Grindwell Norton (GRINDWELL) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 2,011.95
Previous Close	Rs 2,056.8
Today's Move	-Rs 44.85 (-2.18%)
Open	Rs 2,039.4
High	Rs 2,054.8
Low	Rs 2,011.95
Turnover	Rs 0.04 crore
Market Capitalisation	Rs 22,772.89 crore
Market Cap Category	Large Cap

Grindwell Norton Share Price Today reflected a clear same-day decline from the previous close of Rs 2,056.80 to Rs 2,011.95, a change of Rs 44.85 or 2.18%. The stock opened at Rs 2,039.40, touched a high of Rs 2,054.80 and then reached a low of Rs 2,011.95, which was also the last reported price. Turnover stood at Rs 0.04 crore. In market-cap terms, Grindwell Norton is classified as a Large Cap, and its market capitalisation of Rs 22,772.89 crore places it among the larger names in the abrasives space. The price action shows a lower close than both the open and the previous close, which is the central fact behind today’s Grindwell Norton Share Price fall. For investors scanning Grindwell Norton Stock News or Grindwell Norton Share News, the most important point is that the decline is fully visible in the day’s numbers and not tied in the supplied data to any company announcement. That makes the event a price-led update first, with valuation and sector context coming next.

Grindwell Norton (GRINDWELL) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 22,772.89 crore
P/E Ratio	52.19x
P/B Ratio	8.67x
ROE	17.55%
ROCE	23.52%
EPS	Rs 39.41
Book Value Per Share	Rs 237.29
Dividend Yield	0.92%

Grindwell Norton Share Price can also be read against fundamentals that are fully disclosed in the data. The stock trades at a P/E ratio of 52.19 and a P/B ratio of 8.67, both of which signal a premium valuation within the context of the supplied industry comparison. ROE is 17.55%, while ROCE is 23.52%, showing a profitable capital base on the reported numbers. EPS stands at Rs 39.41, which is the earnings attributable to each share, while book value is Rs 237.29 per share, representing accounting net worth per share. Dividend yield is 0.92%, which is the historical/current payout measure at the present price, not a guarantee of future distributions. The market capitalisation of Rs 22,772.89 crore and the Large Cap classification provide company-size context. In Grindwell Norton Stock Analysis, these figures matter because the day’s decline happened against a backdrop of detailed profitability and valuation data, not against an identified deterioration in financials. For readers following Grindwell Norton Financial Results, the numbers supply useful context for Grindwell Norton Share Price Today and for monitoring how the stock is priced relative to earnings and book value. On Univest, this is the kind of base data that helps readers place Grindwell Norton Latest News in a longer-term frame.

Sector and Industry Context

Metric	Value
Sector	Abrasives
Industry	Abrasives
Benchmark Scope	same industry
Company P/E Ratio	52.19x
Benchmark Median P/E	97.38x
Benchmark Average P/E	83.85x
Benchmark P/E Range	52.19x to 101.98x
Company P/B Ratio	8.67x
Benchmark Median P/B	6.35x
Benchmark Average P/B	6.82x
Company ROE	17.55%
Benchmark Median ROE	5.85%
Benchmark Average ROE	9.32%
Company ROCE	23.52%
Benchmark Median ROCE	9.32%
Benchmark Average ROCE	13.5%
Company Market Capitalisation	Rs 22,772.89 crore
Benchmark Median Market Cap	Rs 21,337.56 crore
Benchmark Average Market Cap	Rs 15,253.69 crore

Grindwell Norton Share Price sits in the Abrasives sector and Abrasives industry, where the supplied benchmark covers the same industry and includes three companies. Against that benchmark, Grindwell Norton’s P/E of 52.19 is below the sector median of 97.38 and the sector average of 83.85, while also sitting at the benchmark minimum of 52.19. Its P/B of 8.67 is above the sector median of 6.35, the sector average of 6.82 and the benchmark maximum of 8.67. ROE of 17.55% is above the benchmark median of 5.85% and average of 9.32%, and ROCE of 23.52% is above the benchmark median of 9.32% and average of 13.5%. In market-cap terms, the company’s Rs 22,772.89 crore is above the benchmark median of Rs 21,337.56 crore and above the benchmark average of Rs 15,253.69 crore. That sector context is important for Grindwell Norton Fundamental Analysis because it shows how the stock is positioned within its own industry set. For Grindwell Norton Share Price Today, the decline is therefore being observed alongside a valuation profile that is stronger on return ratios than the peer benchmark, while the P/B remains at the top of the supplied range. Univest uses this kind of sector comparison to keep Grindwell Norton Stock News grounded in verified numbers.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Carborundum Universal	CARBORUNIV	21,337.56	101.98	5.44	4.57	7.66
Wendt (India)	WENDT	1,650.62	97.38	6.35	5.85	9.32

Peer comparison for Grindwell Norton Share Price shows two supplied listed peers in the abrasives space. Carborundum Universal has a market cap of Rs 21,337.56 crore, P/E of 101.98, P/B of 5.44, ROE of 4.57% and ROCE of 7.66%. Wendt (India) has a market cap of Rs 1,650.62 crore, P/E of 97.38, P/B of 6.35, ROE of 5.85% and ROCE of 9.32%. Against those figures, Grindwell Norton’s P/E of 52.19 is lower, while its P/B of 8.67 is higher. Its ROE of 17.55% and ROCE of 23.52% are also above both peers in the supplied list. Market capitalisation is higher than both peer companies. For readers checking Grindwell Norton Stock Performance or Grindwell Norton Share Price Update, the comparison shows a more profitable profile on the disclosed return ratios, even as the day’s price moved lower.

Why Investors Are Watching Grindwell Norton

• Grindwell Norton Share Price fell 2.18% today to Rs 2,011.95 from Rs 2,056.80.
• The stock opened at Rs 2,039.40, hit Rs 2,054.80 and ended at the day’s low of Rs 2,011.95.
• Market capitalisation stood at Rs 22,772.89 crore, and the company is classified as a Large Cap.
• P/E is 52.19, P/B is 8.67, ROE is 17.55%, ROCE is 23.52%, EPS is Rs 39.41 and book value is Rs 237.29.
• In the supplied abrasives benchmark, Grindwell Norton’s P/E is below the median and average, while ROE and ROCE are above them.

About Grindwell Norton

Grindwell Norton operates in the Abrasives sector and Abrasives industry. The supplied data identifies the company as a Large Cap with market capitalisation of Rs 22,772.89 crore. In the verified benchmark set for the same industry, the company is compared with other listed abrasives peers on P/E, P/B, ROE, ROCE and market cap. That makes Grindwell Norton Share Price relevant not only as a daily market event but also as a data point within its industry classification. For readers following Grindwell Norton Share Price News or Grindwell Norton Company News, the key factual takeaway is the combination of company size, valuation and return metrics supplied in the dataset. Univest presents Grindwell Norton Stock News in a way that keeps the emphasis on verified company facts and same-day market action.

Track Grindwell Norton Share Price on Univest

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You can track Grindwell Norton Share Price on Univest for live price updates, valuation ratios, market capitalisation, shareholding pattern, 52-week levels and sector context. The platform also helps you review Grindwell Norton Stock Analysis, Grindwell Norton Fundamental Analysis and peer comparison in one place using verified company data.

Frequently Asked Questions

Why did Grindwell Norton Share Price fall today?

Ans.  Grindwell Norton Share Price fell 2.18% to Rs 2,011.95 from Rs 2,056.80. The supplied data confirms the decline but does not establish a company-specific catalyst for today’s move. The previous close was Rs 2,056.8.

What was Grindwell Norton Share Price Today?

Ans.  Grindwell Norton Share Price Today was Rs 2,011.95, down Rs 44.85 from the previous close. The stock also recorded a day open of Rs 2,039.40 and a day high of Rs 2,054.80.

Is Grindwell Norton a Large Cap company?

Ans.  Yes, the company is classified as a Large Cap in the supplied data. Its market capitalisation is Rs 22,772.89 crore, which places it above the benchmark median and average in the same industry set.

What are the main valuation metrics for Grindwell Norton Share Price?

Ans.  The stock has a P/E of 52.19, P/B of 8.67, EPS of Rs 39.41 and book value of Rs 237.29. Dividend yield is 0.92%, giving a complete valuation snapshot. The previous close was Rs 2,056.8.

How does Grindwell Norton compare with sector peers?

Ans.  Grindwell Norton’s P/E is lower than both supplied peers, while its P/B is higher. Its ROE of 17.55% and ROCE of 23.52% are also above the peer figures in the dataset.

What does Grindwell Norton Share Price News indicate for investors?

Ans.  Grindwell Norton Share Price News today is mainly price-led: the stock fell 2.18% and ended at Rs 2,011.95. Investors can use the disclosed fundamentals and sector benchmark to place the move in context.

What should readers monitor next for Grindwell Norton Share Price?

Ans.  Readers can monitor subsequent price action, the company’s valuation multiples and sector comparison on Univest. The current update shows a lower close, but the dataset does not point to a fresh company event.