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Grindwell Norton, a debt free, Saint Gobain Company, with excellent fundamentals - high CFO, Improving RoA, OPM and Inv Turnover, consistent RoE, RoCE, Dividend Payout Ratio showing good technical strength, breaking out of a 12month rectangle. #Technofunda
grindwellnorton.co.in/grindwell-nort…
grindwellnorton.co.in/grindwell-nort…
Healthy pull back in Grindwell, it grinded all the weak hands out! Did not hit the 50 day SMA nor hit the 7% standard SL I follow for #TechnoFunda. Set for its sustained up move? Check peer Carborudum 👍 #moat #oligopoly @krishnblue Since your tracking this, views appreciated.
And here is Carborundum for you from the mighty Muruguppa Group. Is this chart talking to you?
I am still holding #GRINDWELL has not hit my 🛑 loss of 7%. Illiquid low float stock, when the breakout happens on cringed supply the move should be huge.
#VCP developing in #GRINDWELL after rectangle breakout. Good sign of💪 and should propel up soon. #TechnoFunda. 7% stop loss from pivot. Snapshots courtesy @mystockedge @moneycontrolcom
#GRINDWELL Still holding on the first tranche. Tight price pattern unfolding since weeks. Need to see which side it will give way! @krishnblue Any fresh views?
#GRINDWELL At a critical point in both daily and weekly charts hovering close to 50 EMA and also watching the 7% SL.
