1673.9500 -31.75 (-1.86%)
NSE Apr 02, 2025 15:31 PM
Volume: 14,049
 

1673.95
-1.86%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Grindwell Norton (GNL) reported strong Q1FY19 numbers, which were above our estimates on the operational front Revenues came in at | 381.1 crore, up 12.9% YoY, slightly below our estimates of | 387.3 crore. Abrasives, ceramics and new initiatives' segment contributed 60%, 12.5% and 29.4%, respectively Increased contribution from higher margin segments like ceramics and new initiatives' segment led to a strong operational performance...
Grindwell Norton Ltd. is trading above its 30 day SMA of 1589.8
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