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GRINDWELL Consensus Forecast

No. of reports in last year
1
No. of analysts
1
Average Consensus Forecast
645
Consensus Potential
-92.79%

GRINDWELL Price Target Potential

BrokerageTargetPotential

GRINDWELL Targets in FrontPage Forums

1 Users have submitted 1 trade ideas of Rs. 12,229.5 for GRINDWELL
100% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

GRINDWELL Ratings

Long term GRINDWELL rating by FrontPage users
4/5 (2 Ratings)

1 GRINDWELL share price target reports by brokerages below. See what is analyst's view on GRINDWELL share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
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GRINDWELL Share Price Target

GRINDWELL Share Price Target - Broker Reports - 2019

12-Nov-19
Price @ Call: 591.93
Target: 645
HOLD
Growth in C&P segment to drive growth particularly in performance plastics segment, which has application across multiple industries having huge market potential given the product range. However, weak auto, construction and industrial demand slowdown weigh on growth. We expect earnings growth of 13.5% CAGR during FY19-22E to Rs. 22.3 by FY22E and continue to maintain ‘HOLD’ rating on Grindwell by valuing it at 28.9x (8% discount to 5 year fwd earnings average of 31.5x) for a target of Rs. 645. Key downside risk to our call is slowdown in the user industries and large scale down trading in the abrasives segment could trigger further earnings downgrade.
... Read more
26-Jul-19
Price @ Call: 537.11
Target: 635
BUY
Going forward, we expect growth in plastics segment to remain muted dueto automotive slowdown. On the whole, abrasives, ceramics and ‘newinitiatives’ are expected to grow at a CAGR of 9.5%, 16.5% and 16.5% over FY19-21E, due to traction from end user industries like construction, life sciences, oil & gas, etc. With a cash balance of Rs 234.1 crore and debt-free status, we believe GNL is a quality play. We value GNL at 33x FY21E earnings to arrive at a target price of Rs 635. We have a BUY rating on the stock.
... Read more
5-Feb-19
Price @ Call: 538
Target: 625
BUY

GRINDWELL Share Price Target - Broker Reports - 2018

26-Jul-18
Price @ Call: 519.8
Target: 580
BUY
7-Feb-18
Price @ Call: 502
Target: 568
BUY
5-Feb-18
Price @ Call: 497.89
Target: 560
BUY

GRINDWELL Share Price Target - Broker Reports - 2017

27-Jul-17
Price @ Call: 425
Target: 500
BUY
3-Jul-17
Price @ Call: 428.5
Target: 487
BUY
2-Jun-17
Price @ Call: 394
Target: 511
BUY
1-Jun-17
Price @ Call: 405
Target: 460
BUY
1-Mar-17
Price @ Call: 336
Target: 390
BUY
3-Feb-17
Price @ Call: 320
Target: 390
BUY

GRINDWELL Share Price Target - Broker Reports - 2016

4-Nov-16
Price @ Call: 329.53
Target: 323
SELL
4-Nov-16
Price @ Call: 330
Target: 390
BUY
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  • GRINDWELL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,347.22
    Upside Target 21,312.58
    Upside Target 11,290.27
    Pivot1,255.63
    Downside Target 11,233.32
    Downside Target 21,198.68
    Downside Target 31,176.37
  • GRINDWELL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,431.77
    Upside Target 21,378.88
    Upside Target 11,323.42
    Pivot1,270.53
    Downside Target 11,215.07
    Downside Target 21,162.18
    Downside Target 31,106.72
  • GRINDWELL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,538.17
    Upside Target 21,434.28
    Upside Target 11,338.12
    Pivot1,234.23
    Downside Target 11,138.07
    Downside Target 21,034.18
    Downside Target 3938.02
  • GRINDWELL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,312.58
    Upside Target 21,290.83
    Upside Target 11,277.39
    Pivot1,255.63
    Downside Target 11,233.88
    Downside Target 21,220.44
    Downside Target 31,198.68
  • GRINDWELL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,378.88
    Upside Target 21,337.49
    Upside Target 11,311.92
    Pivot1,270.53
    Downside Target 11,229.14
    Downside Target 21,203.57
    Downside Target 31,162.18
  • GRINDWELL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,434.28
    Upside Target 21,357.86
    Upside Target 11,310.65
    Pivot1,234.23
    Downside Target 11,157.81
    Downside Target 21,110.6
    Downside Target 31,034.18
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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