Grindwell Norton Ltd Share Price – NSE  /  BSE

Capital Goods-Non Electrical Equipment, Small Cap

Grindwell Norton will hold a meeting of the Board of Directors of the Company on 6 May 2024.

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Net profit of Grindwell Norton rose 14.93% to Rs 92.16 crore in the quarter ended December 2023 as against Rs 80.19 crore during the previous quarter ended December 2022. Sales rose 9.27% to Rs 655.47 crore in the quarter ended December 2023 as against Rs 599.87 crore during the previous quarter ended December 2022.

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Laurus Labs Ltd, Kansai Nerolac Paints Ltd, Metro Brands Ltd, JK Lakshmi Cement Ltd are among the other stocks to see a surge in volumes on NSE today, 25 January 2024.

Grindwell Norton Ltd recorded volume of 2.74 lakh shares by 14:14 IST on NSE, a 13.11 times surge over two-week average daily volume of 20862 shares. The stock gained 4.10% to Rs.2,387.80. Volumes stood at 23263 shares in the last session.

Laurus Labs Ltd saw volume of 200.54 lakh shares by 14:14 IST on NSE, a 12.55 fold spurt over two-week average daily volume of 15.98 lakh shares. The stock dropped 7.21% to Rs.372.00. Volumes stood at 34.87 lakh shares in the last session.

Kansai Nerolac Paints Ltd clocked volume of 19.5 lakh shares by 14:14 IST on NSE, a 6.42 times surge over two-week average daily volume of 3.04 lakh shares. The stock lost 1.69% to Rs.334.40. Volumes stood at 3.5 lakh shares in the last session.

Metro Brands Ltd registered volume of 9.99 lakh shares by 14:14 IST on NSE, a 6.02 fold spurt over two-week average daily volume of 1.66 lakh shares. The stock rose 13.92% to Rs.1,221.00. Volumes stood at 1.98 lakh shares in the last session.

JK Lakshmi Cement Ltd clocked volume of 13.83 lakh shares by 14:14 IST on NSE, a 4.81 times surge over two-week average daily volume of 2.88 lakh shares. The stock gained 7.19% to Rs.946.55. Volumes stood at 2.54 lakh shares in the last session.

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Grindwell Norton has subscribed to 49% equity share capital of Advanced Synthetic Minerals (ASM) at a net consideration of Rs 15 crore as of 24 January 2024.

With this subscription, ASM becomes an affiliate of the Company effective 24 January 2024.

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