Grindwell Norton Faces Significant Volatility Amid Broader Market Trends and Declining Performance

Jan 28 2025 09:35 AM IST
share
Share Via
Grindwell Norton, a midcap player in the abrasives sector, is facing significant market activity as it nears its 52-week low. The stock has declined consecutively over three days, with high volatility observed today. Its annual performance shows a notable decline compared to the broader market's gains.
Grindwell Norton, a midcap player in the abrasives industry, has experienced significant activity today, reflecting broader market trends. The stock has approached its 52-week low, currently sitting just 1.53% above the low of Rs 1,741.55 reached on January 28, 2025. Over the past three days, Grindwell Norton has seen a consecutive decline, with a total drop of 2.63% during this period.

Today's trading has been marked by high volatility, with an intraday fluctuation of 30.61%, indicating a turbulent market environment. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging performance relative to its historical trends.

In terms of annual performance, Grindwell Norton has faced a decline of 26.34% over the past year, contrasting sharply with the Sensex, which has gained 7.05% during the same timeframe. This disparity highlights the stock's current struggles within the broader market context.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News