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Carborundum Universal Ltd.
Share Price Target & Analysis

NSE:CARBORUNIV

1529.81

VWAP

1501.15

Open

1486.3

Close

1538.45

High

1499.35

Low

1550.00

52 Week High

1533.50 ⇧
47.20 (3.18%)

CARBORUNIV

(INDUSTRIAL MANUFACTURING)
96.9% Momentum

Trending & Favourite

1025.60

52 Week Low

18.41

EPS

72.62

PE

14.54

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: CARBORUNIV Share Price Financial Analysis & Valuation

Carborundum Universal Ltd. (CARBORUNIV) is broadly categorized in INDUSTRIAL MANUFACTURING segment industry which deals in Abrasives vertical. It is one of Mid Cap company with Market Capitalization of Rs 15698.3 (in Cr). Total number of free float shares are 18.9 (in Lacs). Carborundum Universal Ltd. is listed on NSE with Exchange ID - INE120A01034 and trading code is NSE:CARBORUNIV with short name Carborundum.

In the past 1 year, Carborundum Universal Ltd. has declared an equity dividend of Rs 4 per share. At the current share price of CARBORUNIV at Rs 1533.50, this results in a dividend yield of 0.26 %.

As per the Fundamental Analysis of NSE:CARBORUNIV, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CARBORUNIV underlying value and future prospects. All of this data is available in CARBORUNIV financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:CARBORUNIV, it is clearly understood that CARBORUNIV is Economical performer in terms of earnings and profit margins with an EPS of 18.41. NSE:CARBORUNIV book value per share as of today is 105.46. The current price to book ratio for CARBORUNIV as of May 15, 2024 is 14.54.

Valuation of the Stock: The current valuation of CARBORUNIV stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CARBORUNIV whether to BUY this stock at current valuation. The delivery percentage of CARBORUNIV is 75.38% is very crucial parameter which shows that 75.38% investors are anticipating that the price of CARBORUNIV share should go up with VWAP at 1529.81.

Now, the main question is whether to BUY or SELL, NSE:CARBORUNIV at current valuation.
As per latest Analysis No. #1017:-

⇑ STRONG BUY CARBORUNIV if All Greens

⇗ BUY CARBORUNIV (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD CARBORUNIV (With Stop Loss) if only 1 Green

⇘ SELL CARBORUNIV if NO Green Indicator

NSE: CARBORUNIV Share Price Today (May 15, 2024)

(Carborundum Universal Ltd. Daily Analysis on the basis of CARBORUNIV Intraday Graph & Trend)

Carborundum Universal Ltd. share price moved Up by 3.18% from its previous close of Rs 1486.3. CARBORUNIV stock last traded price is 1533.50. CARBORUNIV share price trend is Up with a total of 124855 stocks traded till now. It has touched an intraday high of Rs 1538.45 and an intraday low of Rs 1499.35. The CARBORUNIV trading at 1533.50, Up by Rs. 47.20, or 3.18 percent which suggests that most of the Traders are anticipating that the price of CARBORUNIV share should go Up.

NSE: CARBORUNIV Share Price Tomorrow Prediction

(Carborundum Universal Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CARBORUNIV)

Carborundum Universal Ltd. share price moved Up by 3.18%. CARBORUNIV share price short term trend is Up. It suggests that CARBORUNIV Share Price for Tomorrow remains the same with VWAP at 1529.81 will be treated as stop loss for intraday traders. Carborundum Universal Ltd. Long term investors can follow the CARBORUNIV long term trend as mentiond in future forecast table.

NSE Code

NSE: CARBORUNIV

CARBORUNIV Share Price Today

 1533.50

CARBORUNIV Share Price Target Prediction for 2024 ^

 1237.5 - 1557.7

CARBORUNIV Share Price Target Prediction for 2025*^

 1557.7 - 1659.4

CARBORUNIV Share Price Target Prediction for 2026*^

 1659.4 - 1775.6

CARBORUNIV Share Price Target Prediction for 2027*^

 1864

CARBORUNIV Share Price Target Prediction for 2028*^

 1918

CARBORUNIV Share Price Target Prediction for 2030*^

 2090
CARBORUNIV Current Book Value 2023
104.9

*Carborundum Universal Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^CARBORUNIV share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

CARBORUNIV Technical Analysis

Candlestick Pattern: @1444.15

CARBORUNIV Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 1390.08 BUY 1395.75 BUY
MA_12 1310.03 BUY 1332.55 BUY
MA_20 1303.02 BUY 1300.32 BUY
MA_32 1228.47 BUY 1256.01 BUY
MA_50 1182.6 BUY 1225.47 BUY
MA_100 1160.12 BUY 1189.98 BUY
MA_200 1157.56 BUY 1145.15 BUY

CARBORUNIV Trend Oscillators

BUY (4) NEUTRAL (0) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1428.3 OverBought
MACD 14.42 BUY
ADX 34.57 Strong Trend
DMI (+/-) 36.29 / 10.44 Uptrend

CARBORUNIV Momentum Oscillators

BUY (9) NEUTRAL (1) SELL (2)
Momentum Oscillators Value Action
RSI 75.7 Overbought
STOCHASTIC_K (Fast) 89.88 Overbought
STOCHASTIC_D (Slow) 94.24 Overbought
CCI 161.95 BUY
PSAR 1243.51 BUY
TRUE RANGE 49.95 SELL
ATR 50.8 SELL
WILLIAMS R -8.91 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 100 Overbought
MOMENTUM 209.25 BUY

CARBORUNIV Last 1 Year Trend

Duration Value
1 Year 35.99%
3 Months 27.81%
1 Month 16.94%
1 Week 12.25%

CARBORUNIV Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 90%
NEUTRAL / HOLD 3%
SELL 7%

Most popular Questions & Answers about CARBORUNIV


Carborundum Universal Ltd. stock last traded price is 1533.50. CARBORUNIV share price moved Up by 3.18% from its previous close of Rs 1486.3.

Carborundum Universal Ltd. share price trend is Up with a total of 124855 stocks traded till now. It has touched an intraday high of Rs 1565.5 and an intraday low of Rs 1499.35. The CARBORUNIV trading at 1533.50, Up by Rs. 47.20, or 3.18 percent which suggests that most of the Traders are anticipating that the price of CARBORUNIV share should go Up and the Stop Loss will be around 1529.81.

The market cap of Carborundum Universal Ltd. is ₹15698.3 (in Cr) as of May 14, 2024.

The current price to earning ratio for Carborundum Universal Ltd. as of May 14, 2024 is 72.62.

The current price to book ratio for Carborundum Universal Ltd. as of May 14, 2024 is 14.54.

The highest price of Carborundum Universal Ltd. stock is ₹1550.00 in the last 52-week.

The lowest price of Carborundum Universal Ltd. stock is ₹1025.60 in the last 52-week.

Carborundum Universal Ltd. share trading at ₹1533.50, Up by Rs. 47.20, or 3.18 percent which suggests that most of the traders are anticipating that the price of CARBORUNIV share should go Up.

In 2023, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) are ₹1237.5 on downside and ₹1557.7 on upside. Carborundum Universal Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) are ₹1557.7 on downside and ₹1659.4 on upside. Carborundum Universal Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) are ₹1659.4 on downside and ₹1775.6 on upside. Carborundum Universal Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Carborundum Universal Ltd. (CARBORUNIV) will be around ₹1918 Carborundum Universal Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CARBORUNIV.

As per the fundamental analysis of Carborundum Universal Ltd. (CARBORUNIV), it is of Economical quality in terms of earnings and profit margins with an EPS of 18.41. Carborundum Universal Ltd. book value per share as of today is 105.46. The current price to book ratio for CARBORUNIV as of May 15, 2024 is 14.54.


NSE:CARBORUNIV News & Other Useful Information about CARBORUNIV Share Price


Peer Comparison of NSE: CARBORUNIV

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Abrasives

Company Price EPS BV
GRINDWELL 2283.65 34.39 185.25
CARBORUNIV 1533.50 18.41 105.46
WENDT 13982.60 197.5 960.05
ORIENTABRA 49.95 1.56 21.64
Updated at: 15 May 2024 15:29

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