Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Expensive Performer
1790.9000 13.50 (0.76%)
NSE Jul 17, 2025 09:34 AM
Volume: 6,189
 

1790.90
0.76%
ICICI Securities Limited
Topline growth of 7.9% YoY was primarily driven by solid growth of 21.6% YoY in the ceramics & plastics segment coupled with robust EBIT margins of 17.0% (17.1% in Q1FY19). This segment contributed 33.4% to topline. Abrasives segment grew 6.6% YoY, contributing 59.3% to the overall topline. However, EBIT margins contracted 120 bps to 13.3% in the quarter. GNL witnessed higher input prices. The company imports over 50% of its raw material, majority of which comes from China and Europe. For FY2021E, the management intends to manage its operating margins via...
Grindwell Norton Ltd.'s price crossed above 30Day SMA today
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