|
23 Mar 2025 |
Grindwell Norton
|
Consensus Share Price Target
|
1787.25 |
1941.25 |
- |
8.62 |
buy
|
|
|
|
|
14 Feb 2025
|
Grindwell Norton
|
Prabhudas Lilladhar
|
1787.25
|
1890.00
|
1604.00
(11.42%)
|
5.75 |
Accumulate
|
|
|
|
|
31 Oct 2024
|
Grindwell Norton
|
Prabhudas Lilladhar
|
1787.25
|
2528.00
|
2213.55
(-19.26%)
|
41.45 |
Buy
|
|
|
|
|
18 Jul 2024
|
Grindwell Norton
|
Prabhudas Lilladhar
|
1787.25
|
2749.00
|
2649.85
(-32.55%)
|
Target met |
Accumulate
|
|
|
|
|
03 Jun 2024
|
Grindwell Norton
|
Prabhudas Lilladhar
|
1787.25
|
2749.00
|
2576.05
(-30.62%)
|
Target met |
Accumulate
|
|
|
|
|
07 May 2024
|
Grindwell Norton
|
Prabhudas Lilladhar
|
1787.25
|
2512.00
|
2168.75
(-17.59%)
|
Target met |
Accumulate
|
|
|
|
|
05 Feb 2024
|
Grindwell Norton
|
Prabhudas Lilladhar
|
1787.25
|
2512.00
|
2249.25
(-20.54%)
|
Target met |
Accumulate
|
|
|
|
|
16 Aug 2023
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
2330.00
|
2222.50
(-19.58%)
|
Target met |
Hold
|
|
|
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.
|
|
15 May 2023
|
Grindwell Norton
|
ICICI Direct
|
1787.25
|
2475.00
|
1976.65
(-9.58%)
|
Target met |
Buy
|
|
|
|
|
15 May 2023
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
2215.00
|
1990.15
(-10.20%)
|
Target met |
Accumulate
|
|
|
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.
|
|
15 Feb 2023
|
Grindwell Norton
|
ICICI Direct
|
1787.25
|
2340.00
|
1966.50
(-9.12%)
|
Target met |
Buy
|
|
|
|
|
14 Feb 2023
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
2215.00
|
1992.60
(-10.31%)
|
Target met |
Accumulate
|
|
|
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.
|
|
03 Nov 2022
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
2207.00
|
2106.45
(-15.15%)
|
Target met |
Hold
|
|
|
Grindwell Norton (GWN) has delivered a healthy performance, benefiting from revival in industrial demand.
|
|
03 Nov 2022
|
Grindwell Norton
|
ICICI Direct
|
1787.25
|
2460.00
|
2106.45
(-15.15%)
|
Target met |
Buy
|
|
|
|
|
31 Jul 2022
|
Grindwell Norton
|
ICICI Direct
|
1787.25
|
2110.00
|
1890.35
(-5.45%)
|
Target met |
Buy
|
|
|
|
|
09 May 2022
|
Grindwell Norton
|
ICICI Direct
|
1787.25
|
1908.00
|
1747.80
(2.26%)
|
Target met |
Buy
|
|
|
|
|
09 May 2022
|
Grindwell Norton
|
ICICI Direct
|
1787.25
|
1908.00
|
1747.80
(2.26%)
|
Target met |
Buy
|
|
|
|
|
04 Feb 2022
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
2035.00
|
1855.70
(-3.69%)
|
Target met |
Hold
|
|
|
|
|
08 Nov 2021
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
1970.00
|
1695.55
(5.41%)
|
Target met |
Buy
|
|
|
|
|
29 Jul 2021
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
1510.00
|
1275.70
(40.10%)
|
Target met |
Buy
|
|
|
|
|
11 May 2021
|
Grindwell Norton
|
ICICI Securities Limited
|
1787.25
|
1310.00
|
1237.00
(44.48%)
|
Target met |
Buy
|
|
|
Grindwell Norton (GNL) reported strong Q4FY21 numbers across operational parameters owing to better demand, favourable product mix and revival in key sectors like automotive, industrial, construction, engineering amid economic recovery. Revenues came in at | 508.8 crore, up a strong 39.1% YoY (amid low base) while it grew 11.2% on a QoQ basis, primarily aided by strong performance in the ceramics & plastic segment. Revenue contribution from abrasives, ceramics & IT services were at ~60%, ~32.5% & ~6.5%, respectively. Overall, EBITDA margins were at 22.2%,...
|