GRINDWELL NORTON at All Time High; BSE CAPITAL GOODS Index Up 0.8%
Thu, 24 Dec 10:14 AM

GRINDWELL NORTON share price has hit an all-time high at Rs 700 (up 2.9%).

Meanwhile, the BSE CAPITAL GOODS Index is at 18,582 (up 0.8%).

Among the top gainers in the BSE CAPITAL GOODS Index today are GRINDWELL NORTON (up 2.9%) and HONEYWELL AUTOMATION (up 2.8%).

SIEMENS (down 0.6%) is among the top loser today.

Over the last one year, GRINDWELL NORTON has moved up from Rs 582 to Rs 700, registering a gain of Rs 118 (up 20.2%).

The BSE CAPITAL GOODS has moved up from 17,045 to 18,582, registering a gain of 1,537 points (up 8.8%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were LAKSHMI MACHINE (up 49.1%), HONEYWELL AUTOMATION (up 42.6%) and HAVELLS INDIA (up 39.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 46,829 (up 0.8%). The top gainers among the BSE Sensex stocks today are ONGC (up 4.2%), BAJAJ AUTO (up 2.6%) and BHARTI AIRTEL (up 2.5%). Other gainers include AXIS BANK (up 2.4%) and TATA STEEL (up 2.1%). The most traded stocks in the BSE Sensex are ONGC and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 13,724 (up 0.9%). The top gainers in the NSE Nifty include TATA MOTORS (up 4.6%), ONGC (up 4.1%) and GAIL (up 3.2%). Other gainers include JSW STEEL (up 3.0%) and COAL INDIA (up 2.9%).

Over the last 12 months, the BSE Sensex has moved up from 41,643 to 46,829, registering a gain of 5,186 points (up 12.4%).

GRINDWELL NORTON Financial Update...

GRINDWELL NORTON net profit down at Rs 282 million for the quarter ended June 2020, compared to a loss of Rs 470 million a year ago. Net Sales declined 43.3% to Rs 2.3 billion during the period as against Rs 4.1 billion in April-June 2019.

For the year ended March 2019, GRINDWELL NORTON reported 11.8% increase in net profit to Rs 1.7 billion compared to net profit of Rs 1.5 billion during FY18.

Revenue of the company grew 9.9% to Rs 16 billion during FY19.

The current Price to earnings ratio of GRINDWELL NORTON, based on rolling 12 month earnings, stands at 45.8x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Dec 24, 2020 10:16 AM

FORCE MOTORS share price is trading up by 5% and its current market price is Rs 1,394. The BSE AUTO is up by 1.3%. The top gainers in the BSE AUTO Index is FORCE MOTORS (up 5.3%). The top losers are BHARAT FORGE and CUMMINS INDIA (down 0.1%).

Dec 24, 2020 10:14 AM

JSW STEEL share price has hit a 52-week high. It is presently trading at Rs 378. BSE 500 Index is up by 1.0% at 18,003. Within the BSE 500, JSW STEEL (up 2.8%) and INDIA TOURISM DEV. (up 12.5%) are among the top gainers, while top losers are CORPORATION BANK and CENTRUM CAPITAL.

Dec 24, 2020 10:12 AM

VEDANTA share price is trading up by 11% and its current market price is Rs 169. The BSE 500 is up by 0.9%. The top gainers in the BSE 500 Index are VEDANTA (up 10.7%) and BEML (up 12.5%). The top losers are PAGE INDUSTRIES and VST INDUSTRIES .

Dec 24, 2020 10:10 AM

TATA MOTORS DVR share price is trading up by 5% and its current market price is Rs 73. The BSE AUTO is up by 1.2%. The top gainers in the BSE AUTO Index is TATA MOTORS DVR (up 5.1%).

Dec 24, 2020 10:08 AM

SAIL share price is trading up by 6% and its current market price is Rs 63. The BSE METAL is up by 3.6%. The top gainers in the BSE METAL Index are SAIL (up 5.6%) and VEDANTA (up 10.0%).

Dec 24, 2020 09:30 am

Asian share markets gained ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects.

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