Grindwell Norton Ltd

Grindwell Norton Ltd Share Price Today: Live Updates & Key Insights

Get insights on Grindwell Norton Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

Grindwell Norton Ltd Share Price Chart

Grindwell Norton Ltd Fundamentals

Traded Volume: 1,34,839

Market Cap(Cr): 16,833

Avg Traded Price 1521.04

1 Year return -25.16%

Upper Circuit 1,534.4

Lower Circuit 1,519.9

P/E TTM 44.00

P/B Ratio 34.00

Traded Value(Cr) 2049.96

EPS TTM 34.384

Book value 34.384

Dividend 1.00%

Grindwell Norton Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Grindwell Norton Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Grindwell Norton Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

1W -6.20%

1M -6.96%

3M +0.46%

1Y -25.16%

YTD -20.95%

Grindwell Norton Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights Grindwell Norton Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

Yesterday 68249.00

Day Before Yesterday 49295.00

1W Avg 43696.00

1M Avg 61643.48

3M Avg 58491.94

Grindwell Norton Ltd Technical Details

Grindwell Norton Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

Support 1 1515

Support 2 1510

Support 3 1501

Pivot Point : 1525

Resistance 1 1530

Resistance 2 1539

Resistance 3 1544

Grindwell Norton Ltd Corporate Actions

Grindwell Norton Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Grindwell Norton Ltd’s capital allocation strategies.

All

Ex-Date 15-Jul-2025 Type D Description 17.00/share@340.00% Record Date 15-Jul-2025 Ratio 340.00

Ex-Date 09-Jul-2024 Type D Description 17.00/share@340.00% Record Date - Ratio 340.00

Ex-Date 04-Aug-2023 Type D Description 14.50/share@290.00% Record Date - Ratio 290.00

Ex-Date 19-Jul-2022 Type D Description 12.00/share@240.00% Record Date 20-Jul-2022 Ratio 240.00

Ex-Date 19-Jul-2021 Type D Description 9.50/share@190.00% Record Date - Ratio 190.00

Ex-Date 16-Jul-2020 Type D Description 7.50/share@150.00% Record Date - Ratio 150.00

Ex-Date 17-Jul-2019 Type D Description 6.00/share@120.00% Record Date - Ratio 120.00

Ex-Date 18-Jul-2018 Type D Description 5.00/share@100.00% Record Date - Ratio 100.00

Ex-Date 17-Jul-2017 Type D Description 4.00/share@80.00% Record Date - Ratio 80.00

Ex-Date 14-Jul-2016 Type B Description share@1:1 Record Date 15-Jul-2016 Ratio 1:1

Ex-Date 22-Mar-2016 Type D Description 6.50/share@130.00% Record Date 24-Mar-2016 Ratio 130.00

Ex-Date 24-Jul-2015 Type D Description 6.50/share@130.00% Record Date - Ratio 130.00

Ex-Date 11-Jul-2014 Type D Description 6.50/share@130.00% Record Date - Ratio 130.00

Ex-Date 14-Jun-2013 Type D Description 6.50/share@130.00% Record Date - Ratio 130.00

Ex-Date 15-Jun-2012 Type D Description 6.50/share@130.00% Record Date - Ratio 130.00

Ex-Date 17-Jun-2011 Type D Description 6.00/share@120.00% Record Date - Ratio 120.00

Ex-Date 18-Jun-2010 Type D Description 6.00/share@120.00% Record Date - Ratio 120.00

Ex-Date 20-Mar-2009 Type D Description 4.00/share@80.00% Record Date - Ratio 80.00

Ex-Date 19-Mar-2008 Type D Description 4.00/share@80.00% Record Date - Ratio 80.00

Ex-Date 19-Dec-2007 Type D Description 4.00/share@80.00% Record Date 20-Dec-2007 Ratio 80.00

Ex-Date 22-Mar-2007 Type D Description 3.50/share@70.00% Record Date - Ratio 70.00

Dividends

Announcement Date 15-Jul-2025 Ex Dividend Date 15-Jul-2025 Dividend(%) 340

Announcement Date 09-Jul-2024 Ex Dividend Date 09-Jul-2024 Dividend(%) 340

Announcement Date 04-Aug-2023 Ex Dividend Date 04-Aug-2023 Dividend(%) 290

Announcement Date 19-Jul-2022 Ex Dividend Date 19-Jul-2022 Dividend(%) 240

Announcement Date 19-Jul-2021 Ex Dividend Date 19-Jul-2021 Dividend(%) 190

Announcement Date 16-Jul-2020 Ex Dividend Date 16-Jul-2020 Dividend(%) 150

Announcement Date 17-Jul-2019 Ex Dividend Date 17-Jul-2019 Dividend(%) 120

Announcement Date 18-Jul-2018 Ex Dividend Date 18-Jul-2018 Dividend(%) 100

Announcement Date 17-Jul-2017 Ex Dividend Date 17-Jul-2017 Dividend(%) 80

Announcement Date 22-Mar-2016 Ex Dividend Date 22-Mar-2016 Dividend(%) 130

Announcement Date 24-Jul-2015 Ex Dividend Date 24-Jul-2015 Dividend(%) 130

Announcement Date 11-Jul-2014 Ex Dividend Date 11-Jul-2014 Dividend(%) 130

Announcement Date 14-Jun-2013 Ex Dividend Date 14-Jun-2013 Dividend(%) 130

Announcement Date 15-Jun-2012 Ex Dividend Date 15-Jun-2012 Dividend(%) 130

Announcement Date 17-Jun-2011 Ex Dividend Date 17-Jun-2011 Dividend(%) 120

Announcement Date 18-Jun-2010 Ex Dividend Date 18-Jun-2010 Dividend(%) 120

Announcement Date 20-Mar-2009 Ex Dividend Date 20-Mar-2009 Dividend(%) 80

Announcement Date 19-Mar-2008 Ex Dividend Date 19-Mar-2008 Dividend(%) 80

Announcement Date 19-Dec-2007 Ex Dividend Date 19-Dec-2007 Dividend(%) 80

Announcement Date 22-Mar-2007 Ex Dividend Date 22-Mar-2007 Dividend(%) 70

Bonus

Record Date 15-Jul-2016 Ex-Bonus Date 14-Jul-2016 Ratio 1:1

Splits

No Split has been declared by GRINDWELL

Others

Rights No Rights has been declared by GRINDWELL

Grindwell Norton Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Grindwell Norton Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Grindwell Norton Ltd's relative performance and valuation against major competitors.

Stock Name Schaeffler India Ltd ₹3970.30 (-2.08%) M. Cap (Cr) 620.57 1 Yr Return (%) +17.41% P/E (TTM) 58.25 PB Ratio 11.63

Stock Name Timken India Ltd ₹3070.40 (-0.54%) M. Cap (Cr) 230.95 1 Yr Return (%) -5.51% P/E (TTM) 50.78 PB Ratio 8.12

Stock Name Grindwell Norton Ltd ₹1520.30 (-0.56%) M. Cap (Cr) 168.33 1 Yr Return (%) -25.16% P/E (TTM) 44.22 PB Ratio 7.47

Stock Name Carborundum Universal Ltd ₹817.80 (-1.93%) M. Cap (Cr) 155.74 1 Yr Return (%) -41.97% P/E (TTM) 77.75 PB Ratio 4.67

Stock Name SKF India Ltd ₹1960.20 (-1.24%) M. Cap (Cr) 96.91 1 Yr Return (%) -8.65% P/E (TTM) 18.06 PB Ratio 4.23

Stock Name Wendt India Ltd ₹8225.50 (-1.67%) M. Cap (Cr) 16.45 1 Yr Return (%) -46.27% P/E (TTM) 59.63 PB Ratio 7.16

Stock Name Galaxy Bearings Ltd ₹735.00 (-2.64%) M. Cap (Cr) 2.34 1 Yr Return (%) -33.29% P/E (TTM) 38.64 PB Ratio 2.21

Grindwell Norton Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Grindwell Norton Ltd, across its operating activities, investing activities, and financing activities.

PARTICULARS Operating Activities Mar 2025 452.93 Mar 2024 363.93 Mar 2023 341.05 Mar 2022 185.52 Mar 2021 330.74

PARTICULARS Investing Activities Mar 2025 -212.50 Mar 2024 -175.75 Mar 2023 -202.32 Mar 2022 -55.22 Mar 2021 -225.47

PARTICULARS Financing Activities Mar 2025 -219.20 Mar 2024 -173.77 Mar 2023 -138.67 Mar 2022 -113.53 Mar 2021 -94.69

PARTICULARS Net Cash Flow Mar 2025 21.23 Mar 2024 14.41 Mar 2023 0.06 Mar 2022 16.77 Mar 2021 10.59

Grindwell Norton Ltd Shareholding Pattern

This shows the ownership breakdown of Grindwell Norton Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

Promoter 58.03%

Public 17.22%

Other Institutions 0.72%

FII 6.38%

Mutual Funds 17.65%

About Grindwell Norton Ltd

Grindwell Norton Limited (GNL) is one of the subsidiary of Compagnie de Saint-Gobain (Saint-Gobain), a transnational group with its headquarters in Paris and with sales of EUR 46.60 billion in 2025. Saint-Gobain has reorganized its businesses into two broad areas: Construction or Building related businesses focused on serving regional markets and High-Performance Solutions (HPS) catering to the global market. GNO's businesses are part of the HPS Sector. Within GNO, the businesses are divided into 2 major segments: Abrasives & Ceramics & Plastics. The main businesses in GNL segment are Silicon Carbide, High Performance Refractories and Performance Plastics. The Abrasives business has four manufacturing sites: Mora (near Mumbai), Bengaluru, Nagpur and Baddi (Himachal Pradesh). All the sites are certified under ISO 9001, ISO 14001 and OHSAS 18001. Saint-Gobain is a major player worldwide in Abrasives. Besides, to augment its manufacturing capacity, GNO also has contract manufacturing and extensive sourcing arrangements both at domestic and international level.Silicon Carbide (SiC) is manufactured at GNL's plant located at Tirupati in Andhra Pradesh. SiC is also manufactured by the company's subsidiary, Saint-Gobain Ceramic Materials Bhutan Private Limited, at its plant near Phuentsholing in Bhutan. Both the plants are certified under ISO 9001, ISO 14001 and OHSAS 18001.High Performance Refractories (HPR) has two plants: one is located at Bengaluru and other at Halol, near Vadodara, in Gujarat. Both the plants are certified under ISO 9001, ISO 14001 and OHSAS 18001.The Performance Plastics business produces and markets more than 800 standard and custom-made polymer products through three business segments: Engineered Components (ENC), Fluid Systems (FLS) and Composites (CMP). GNL has a plant for ENC and FLS products situated at Bengaluru. This plant is certified under ISO 9001, ISO 14001, OHSAS 18001 and TS 1694.Originally registered as a private limited company in the early forties, GNL was later converted into a public limited company in 1950. Grindwell Norton is the pioneer in the manufacture of industrial abrasives, by setting up the first grinding-wheel factory. The company has commissioned its first silicon carbide plant in 1972 and the second one in 1979. In the early 1970s, it started manufacturing coated discs (sander discs). The zircona aluminium oxide discs are sold under the Zircon brand. In 1983, a jumbo coated-abrasive plant was commissioned. To indigenise production, a unit for centralised lubricating systems was set up in 1989-90 with technical assistance from Lincoln, Germany. The company commissioned a small super abrasive resin bond wheel plant at Bangalore in Jan.'95. For its forays into industrial and engineered ceramics, it has technical collaborations with the Saint-Gobain group, France and SEPR. The fused cast refractory was set up in Mar.'95. A new plant for manufacturing non-woven abrasives was inaugurated in Mar.'96 at Bangalore. The expansion of the high performance refractories plant was also completed 1998-99.The installed capacity of Abrasive Grains & refractories have been reduced due to the restructuring of Ceramics Business and discontinuation of manufacturing operations of Fused Cast Refractories. The company has sold its Fused Cast Refractories business to M/s SEPR Refractories India Ltd for a consideration of Rs.68.83 Million during the year 2002.The year 2003 was pretty good for the company in respect of refractories business. The volumes and profit were above the projections. This business was certified under ISO 9001:2000, during the year 2003. During the financial year ended 31 March 2014, Grindwell Norton's Abrasives business took the lead in increasing prices, but, in a very competitive market, where suppliers seemed more concerned with maintaining volumes than margins, the improvement in price realization fell significantly short of what was required to offset the cost increases. Under the circumstances, the company's management did well to limit the drop in volumes and margins. During the year, the new Non-woven plant in Bangalore was fully commissioned and the Bonded Abrasives' expansion project at Nagpur, which was slowed down last year, was also completed and commissioned.The company's new High Performance Refractories plant in Halol (Gujarat) stabilized during the year.Production in the grain plant of Grindwell Norton's subsidiary in Bhutan, which was commissioned in 2013, stabilized and the subsidiary started selling Silicon Carbide grains directly to its customers.During the year under review, Grindwell Norton invested Rs.4.31 crore in the equity capital of Saint-Gobain Research India Limited (SGRI).The Scheme of Amalgamation involving the merger of SEPR Refractories India Ltd., Saint-Gobain Crystals & Detectors India Ltd. and Saint-Gobain Sekurit India Ltd. which was approved by the Board of Directors on 19 April 2013, was approved by the shareholders in the Court Convened Meeting held on 27 November 2013, with the requisite majority. However as per SEBI Circular dated 4 February 2013, read with Circular dated 21 May 2013, the requisite majority of public shareholders (other than Promoter and Promoter group) did not approve the Scheme. Consequently, the Scheme of Amalgamation was not acted uponDuring the financial year ended 31 March 2015, Grindwell Norton's Abrasives business focused on new products and new markets to reverse the drop in volumes in the past two years. The workers' union of Grindwell Norton's Bengaluru plant went on strike for a period of 20 days in November 2015 due to an impasse in the wage negotiations. The management had taken all steps to meet customer requirements during the strike period and there was no major impact on the financial performance of the company due to the strike.During the year ended 31 March 2018, the company's Abrasives business unit continued to focus on new products and new markets. The 'Next Level' initiative continued to engage the employees at all levels and there was progress on several dimensions.In Silicon Carbide business, Grindwell Norton's Tirupati plant benefited from improved availability of power in the first half of the year.During the FY2020, the Company signed a Joint Venture Agreement with Shinagawa Refractories Co. Ltd., Japan and incorporated a Private Limited Company, SG Shinagawa Refractories India Private Limited to manufacture tap hole clay for the steel industry. The Company invested Rs 11.27 crore in SG Shinagawa Refractories India Private Limited and holds 49% of the equity. The project work has started at the Halol (Gujarat) site of the Company.During the year 2021, the business commenced construction of a new Coated Maker. The Company invested in the equity capital of Andhra Pradesh Gas Power Corporation Ltd. (APGPCL), which entitled it to receive additional electricity and increased production at the Tirupati plant.The Joint Venture Company, SG Shinagawa Refractories India Pvt Ltd. commenced the commercial production during FY 2021. The Company invested in Cleanwin Energy Three LLP for a stake of 27.27% for purchase of wind power for its Mora unit.The Company acquired 49% equity stake in Advanced Synthetic Minerals Private Limited (ASMPL) on January 24, 2024. Later, it sold its 49% stake held in SG Shinagawa Refractories India Private Limited. During the Financial year 2023-24, the Company commissioned the new Paper maker Unit in Bengaluru. The Company acquired PRS Permacel Private Limited (PRS) by execution of Share Purchase Agreement on May 12, 2022 and post-acquisition, PRS became a 100% subsidiary of the Company. Thereafter, wholly-owned subsidiary, PRS Permacel Private Limited got merged with the Company through Scheme of Merger effective from May 27, 2022.

Company Sec. & Compli. Officer

K Visweswaran

Registered office Leela Business Park 5th level, Andheri-Kurla Rd Andheri(East), Mumbai, Maharashtra, 400059

FAX :91-22-40212121

Background

Incorporation Year 1950

Face Value ₹5.00

Market Lot 1

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