Grindwell Norton share news, announcements and annual reports
NSE: GRINDWELLBSE: 506076Industrial ProductsSmall Cap
Grindwell Norton Limited · Face value ₹5 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 1984 on BSE, Sep 2006 on NSE
Last close ₹1,878.60down ₹76.60 (3.92%)BSE ₹1,880.00
Share price at the NSE close on 30 Oct 2026. Previous close ₹1,955.20.
30 Oct: open ₹1,954.00, high ₹1,960.60, low ₹1,871.10
52-week range of traded prices to 30 Oct 2026
₹1,329.00Low, 23 Mar 2026₹2,455.00High, 16 Jul 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹20,800 Cr361st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 45.01
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 7.99
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 1.01%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 18.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 19.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.02
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 45,51757.1% delivered
Grindwell Norton orders, deals and press releases
13 filed, newest first.
May 2025
9 May · Business
Jan 2024
Jul 2023
Jun 2023
Jan 2023
11 Jan · Business
Dec 2022
26 Dec · Business
Jul 2022
29 Jul · Business
Jul 2019
12 Jul · Business
Jul 2016
Oct 2007
5 Oct · Business
On 5th October, 2007, the Company has acquired industrial land in Himachal Pradesh, for setting up a manufacturing facility for Abrasives Products. Commercial Production is likely to commence in the second half of 2008
Aug 2007
23 Aug · Business
Grindwell Norton Limited had informed the Exchange that the Company had entered into a non-binding agreement on April 26, 2007 to sell its entire shareholding in its Joint Venture Company, M/s. Lincoln Helios India Ltd (LHIL). The Company has now informed the Exchange that : "The Company has entered into a definitive Share Purchase Agreement dated 23rd August 2007, to sell its entire shareholding in LHIL to its JV partner, M/s. Lincoln GmbH, for a total consideration of Rs.100 Crore (Rupees One Hundred Crore only). "
Jun 2007
21 Jun · Business
Grindwell Norton Ltd (GNO) has formed a Joint Venture Company (JV) in Bhutan in partnership with the Singye Group of Bhutan. GNO will hold 70% of the equity capital of the JV and the Singye Group will hold 30%. The JV, which has been incorporated and is named Saint-Gobain Ceramic Material Bhutan Private Limited, will implement a project for the manufacture of Silicon Carbide. The project cost is estimated to be about Rs.340 million. The Royal Government of Bhutan has approved the FDI proposal
Apr 2007
26 Apr · Business
The Company has entered into a non - binding agreement to dispose off its entire shareholding in Lincoln Helios India Ltd (LHIL). LHIL is a Joint Venture between the Company and Lincoln Gmbh, Germany, with each partner holding 50% of the equity capital. The equity capital of LHIL is Rs. One Crore comprising of 10,00,000 equity shares of Rs. 10/- each. LHIL's main business is the design, manufacture and sales of Centralised Lubrication Systems. As per LHIL's unaudited results for the financial year ended 31st Mar, 2007, gross sales are about Rs. 82 Crores and operating profit (before interest and tax) is about Rs. 22 Crores.