GRINDWELLBSEGrindwell Norton Ltd-$· Industrial ProductsHighPositive
Announced Fri, 8 May, 2026 · 18:45 IST

Please find attached intimation regarding Dividend, record date and payment date.

GRINDWELL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+7.5%Reaction day
₹1680.00
prior close
₹1746.00
announcement price
After-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.4%+8.9% vs market
Abrasives & Bearings peers, median of 6sector-0.5%+8.0% vs sector

On the reaction day the stock moved 8.9 pts more than Nifty Microcap 250 and 8.0 pts more than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.0
10m
+1.3
15m
+1.4
30m
+2.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+7.5-1.4+8.9-0.5+8.0
Next day
+6.4-4.5+10.9-3.3+9.7
2d
+5.7-3.8+9.5-1.9+7.7
3d
+7.0-3.6+10.6-3.4+10.4
4d
+10.9-3.9+14.8-3.3+14.2
5d
+10.0-5.2+15.2-4.1+14.0
1w
+14.0-4.2+18.3-0.9+15.0
15d
+10.7-1.5+12.2-0.5+11.2
1m
+12.8-3.1+15.9-2.4+15.2
2m
+21.1+6.4+14.7+3.9+17.1
3m
+23.9+8.3+15.6+10.0+13.8
UpDownMarket · Nifty Microcap 250Sector · Abrasives & Bearings peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Grindwell Norton reported strong FY26 results with standalone revenue of Rs 3,02,587 Lakhs, up 10.5% from Rs 2,73,736 Lakhs in FY25. Net profit grew 14.3% to Rs 41,260 Lakhs from Rs 36,083 Lakhs, while EPS improved to Rs 37.27 from Rs 32.59. The Board recommended a dividend of Rs 19 per equity share (380% of face value Rs 5), subject to shareholder approval at the AGM on July 24, 2026. The record date for dividend entitlement is July 10, 2026, with payment starting July 28, 2026. Statutory auditors Kalyaniwalla & Mistry LLP issued an unmodified (clean) opinion on the financial statements.

Likely market impact

The company demonstrated solid operational performance with double-digit revenue and profit growth, supported by a clean audit. The dividend yield remains attractive for shareholders, and the healthy cash flow from operations (Rs 53,007 Lakhs) indicates ability to fund the dividend.