NSE: GRINDWELL | BSE: 506076

Mid-range Performer

Download real time

1579.20 -23.10 (-1.44%)

40.00% Fall from 52W High

16,690 NSE+BSE Volume

NSE 05 Sep, 2025 3:31 PM (IST)

17,484.9

Market Cap

Below industry Median

0.8

Beta 1Year

Low volatility

Grindwell Norton Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GRINDWELL, BSE:506076 Grindwell Norton Ltd.

Grindwell Norton Ltd.

16 Aug 2023

1579.20

-1.44%

Subdued quarter; downgrade to HOLD

Hold: Grindwell Norton Ltd.

Target

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 lost -35.29% in the last 1 Year

Grindwell Norton Ltd.

15 May 2023

1579.20

-1.44%

Grindwell Norton

Buy: Grindwell Norton Ltd.

Target

ICICI Direct

Grindwell Norton Ltd. has lost -35.29% in the last 1 Year

Grindwell Norton Ltd.

15 May 2023

1579.20

-1.44%

Strong play on industrial growth

Accumulate: Grindwell Norton Ltd.

ICICI Securities Limited

Grindwell Norton (GWN) delivered a steady set of numbers in Q4FY23 driven by revival in industrial demand and the company’s recent acquisition, PRS Permacel. Consolidated quarterly revenues grew 19% YoY to Rs6.6bn (I-Sec: Rs6.7bn) led by 27% YoY growth in ceramics & plastics, 6% in abrasives and 47% in digital services.

Grindwell Norton Ltd. is trading below its 50 day SMA of 1627.3

Grindwell Norton Ltd.

15 Feb 2023

1579.20

-1.44%

Grindwell Norton

Buy: Grindwell Norton Ltd.

Target

ICICI Direct

Grindwell Norton Ltd. is trading below its 50 day SMA of 1627.3

Grindwell Norton Ltd.

14 Feb 2023

1579.20

-1.44%

Strong play on industrial growth

Accumulate: Grindwell Norton Ltd.

Target

ICICI Securities Limited

Grindwell Norton (GWN) delivered a healthy performance in Q3FY23 benefiting from revival in industrial demand and its recent acquisition, PRS Permacel. Consolidated revenues grew 20.3% YoY to Rs6bn in Q3FY23 – led by 39% YoY growth in ceramics & plastics (lower base), and 9% in abrasives.