GRINDWELL NORTON at All Time High; BSE CAPITAL GOODS Index Down 0.3%
Tue, 11 May 09:49 AM

GRINDWELL NORTON share price has hit an all-time high at Rs 1,159 (up 3.4%).

Meanwhile, the BSE CAPITAL GOODS Index is at 21,114 (down 0.3%).

Among the top gainers in the BSE CAPITAL GOODS Index today are GRINDWELL NORTON (up 3.4%) and HONEYWELL AUTOMATION (up 0.2%).

SOLAR INDUSTRIES (down 0.2%) and HAVELLS INDIA (down 0.6%) are among the top losers today.

Over the last one year, GRINDWELL NORTON has moved up from Rs 502 to Rs 1,159, registering a gain of Rs 657 (up 129.1%).

The BSE CAPITAL GOODS has moved up from 11,233 to 21,114, registering a gain of 9,881 points (up 87.6%) during the last 12 months.

The top gainers among the BSE CAPITAL GOODS Index stocks during this same period were GRAPHITE INDIA (up 294.2%), BHEL (up 203.9%) and HEG (up 193.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,147 (down 0.8%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.8%), NTPC (up 1.1%) and POWER GRID (up 0.4%). Other gainers include RELIANCE IND. (up 0.3%) and ITC (up 0.2%). The most traded stocks in the BSE Sensex are NTPC and ITC.

In the meantime, NSE Nifty is at 14,835 (down 0.8%). The top gainers in the NSE Nifty include COAL INDIA (up 4.5%), SUN PHARMA (up 3.1%) and IOC (up 2.9%). Other gainers include BPCL (up 1.3%) and NTPC (up 1.0%).

Over the last 12 months, the BSE Sensex has moved up from 31,443 to 49,147, registering a gain of 17,704 points (up 56.1%).

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 75.3x.



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

  

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