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GRINDWELL Share Price Target
Grindwell Norton Ltd.
Sector: Engineering
Sector: Engineering
GRINDWELL Share Price *
563.5 -13.2 (-2.29%)
* (quote may be delayed)
GRINDWELL Share Price Forecast - Consensus
| No. of reports in last year | 2 |
| No. of analysts | 1 |
| Average Consensus Forecast | 630.00 |
| Consensus Potential | 8.45% |
GRINDWELL Share Price Target - Broker Reports - 2019
ICICIdirect.com
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.
ICICIdirect.com
5-Feb-19
Price @ Call: 538
Target: 625
BUY
GRINDWELL Share Price Target - Broker Reports - 2018
ICICIdirect.com
26-Jul-18
Price @ Call: 519.8
Target: 580
BUY
Edelweiss
7-Feb-18
Price @ Call: 502
Target: 568
BUY
ICICIdirect.com
5-Feb-18
Price @ Call: 497.89
Target: 560
BUY
GRINDWELL Share Price Target - Broker Reports - 2017
ICICIdirect.com
27-Jul-17
Price @ Call: 425
Target: 500
BUY
HDFC Securities
3-Jul-17
Price @ Call: 428.5
Target: 487
BUY
AnandRathi
2-Jun-17
Price @ Call: 394
Target: 511
BUY
ICICIdirect.com
1-Jun-17
Price @ Call: 405
Target: 460
BUY
Edelweiss
1-Mar-17
Price @ Call: 336
Target: 390
BUY
ICICIdirect.com
3-Feb-17
Price @ Call: 320
Target: 390
BUY
GRINDWELL Share Price Target - Broker Reports - 2016
ICICIdirect.com
4-Nov-16
Price @ Call: 330
Target: 390
BUY
AnandRathi
4-Nov-16
Price @ Call: 329.53
Target: 323
SELL