Grindwell Norton Ltd.

NSE: GRINDWELL | BSE: 506076 | ISIN: INE536A01023 | Industry: Abrasives & Bearings
| Expensive Performer
1796.2000 9.90 (0.55%)
NSE May 28, 2025 15:31 PM
Volume: 44,189
 

1796.20
0.55%
ICICI Securities Limited
Grindwell Norton (GWN) Q1FY24 reported a subdued set of numbers with consolidated revenue/EBITDA/PAT growing 4.8%/4.9%/4% YoY respectively. Revenue growth was led mainly by ceramics & plastics and IT businesses of the company. Abrasives revenue was flat YoY (CUMI Abrasives grew 5% YoY in Q1FY24), impacted by increased Chinese dumping and weak export demand, which are key monitorables for the near team.
Grindwell Norton Ltd. has gained 20.92% in the last 3 Months
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