Carborundum Universal Limited Share Price Today

Techno Funda Ratings

RS Rating
76
Weak
EPS Rating
9
A/D Rating
A
Excellent

Key Metrics

Current Price

₹1059.8

Market Cap

₹ 20,204 Cr.

Stock P/E

78.9

ROE

6.89 %

RSI

27.24

Trend

Bearish

Share Price Chart

Technical Commentary

Carborundum Universal Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of A, a Relative Strength Rating of 78 and an EPS Rating of 9. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Carborundum Universal Ltd continues to trade in a weak macro layout below its 50 DMA (1086.62). While a trailing Stock P/E of 78.9 might look cheap on the surface, a low baseline efficiency score (ROE: 6.89%) and a poor TI65 trend signature (Neutral) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 27.24 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

Company Overview

Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals. [1]

Carborundum Universal Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Carborundum Universal Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Carborundum Universal Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

Swipe table horizontally →
IndicatorValue
Current Price1059.8
RSI (14)27.24
50 DMA1086.62
200 DMA917.08
TrendBearish
A/D RatingA
RS Rating76
EPS Rating9
TI651.02
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Carborundum Universal Limited calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

Swipe table horizontally →
LevelValue
R3₹1115.7
R2₹1100.6
R1₹1080.2
PP₹1065.1
S1₹1044.7
S2₹1029.6
S3₹1009.2

Financial Ratios

Swipe table horizontally →
MetricValue
Market Cap₹ 20,204 Cr.
Current Price₹ 1,060
High / Low₹ 1,307 / 735
Stock P/E78.9
Book Value₹ 205
Dividend Yield0.38 %
ROCE10.5 %
ROE6.89 %
Face Value₹ 1.00

Quarterly Results

Swipe table horizontally →
QuarterSalesProfitOPM
Mar 20231,20014916%
Jun 20231,20311814%
Sep 20231,14610415%
Dec 20231,15111217%
Mar 20241,20114317%
Jun 20241,19811516%
Sep 20241,22411616%
Dec 20241,2553814%
Mar 20251,2173012%
Jun 20251,2196010%
Sep 20251,2987412%
Dec 20251,2917312%
Mar 20261,398-4010%

Shareholding Pattern

Swipe table horizontally →
HolderHolding
Promoters 43.82%
FIIs 19.77%
DIIs 15.56%
Government 0.00%
Public 20.85%
No. of Shareholders19,111

Pros and Cons

Pros

  • Outperforming over 70% of the entire market universe over the past 12 months.

Cons

  • Valuation metrics appear elevated with a trailing P/E of 78.9, demanding high performance requirements.
  • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

Related NSE Stocks

Frequently Asked Questions

What is the current technical trend and RSI for Carborundum Universal Ltd share?

Based on the latest closing data, the technical momentum for Carborundum Universal Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 27.24, indicating it is trading in a technically oversold zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (1086.62) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Carborundum Universal Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Carborundum Universal Ltd today centers at a Pivot Point (PP) of ₹1065.1. Upside resistance challenges are calculated at R1: ₹1080.2, R2: ₹1100.6, and R3: ₹1115.7. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹1044.7, S2: ₹1029.6, and S3: ₹1009.2.

How does the fundamental ROE and P/E ratio look for Carborundum Universal Ltd?

Carborundum Universal Ltd is currently trading with a valuation metrics context of a Stock P/E of 78.9, against a core structural efficiency Return on Equity (ROE) standing at 6.89 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 9, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Carborundum Universal Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Carborundum Universa... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of A, a Relative Strength (RS) ranking of 78, and long-term trend backing from the TI65 indicator (Neutral pattern).

🟣 Zerodha Best Overall 🟢 FYERS Best Charts 🔵 Upstox Beginner Friendly