CARBORUNIV
Carborundum Universal Limited (CARBORUNIV) breaks out, gains 6% intraday
Carborundum Universal Limited (NSE: CARBORUNIV) stock breaks out, gaining 6% intraday to ₹1200.1, clearing its 6M resistance trendline.
Carborundum Universal Limited (CARBORUNIV) surged +6% today, breaking out above its 6-month resistance trendline. This move was driven by the stock clearing its 6-month resistance at ₹1158, marking a significant technical shift from a breakdown to a breakout. Carborundum Universal, a conglomerate within the industrials sector, specializes in abrasives, ceramics, and electrominerals. Today’s breakout suggests a strong company-specific momentum, potentially driven by the recent disclosure under SEBI Takeover Regulations by Ambadi Investments Limited.
Technical setup — trendlines & DMA
The current 6-month trendline structure shows a robust breakout. The 6-month support trendline is at ₹1097.25, which is 8.57% below today’s price, indicating a solid floor. Resistance was previously at ₹1158.31, which the stock has now cleared by 3.48%, signaling a breakout. The 50-DMA at ₹994.5 and the 200-DMA at ₹892.7 both lie well below the current price, with the stock trading 13.66% above the 50-DMA and 26.62% above the 200-DMA. This indicates a stretched move but also a bullish trend. The stock is currently in the upper third of its 52-week range, suggesting that a substantial portion of the move might already be priced in, though it remains near yearly highs.
Snapshot: ₹1,200.10 on 2026-06-18 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 109.3, Carborundum Universal’s valuation appears stretched given its current profit margin of 3.7% and a revenue CAGR of 3.8% over the past five years. This high PE ratio, coupled with declining profit CAGR of -22.2%, suggests that the market may be pricing in expectations of a turnaround or future growth that the current business performance does not yet justify. The 38.3% institutional ownership indicates that despite these challenges, institutional investors see value or potential in the company, possibly betting on the outlined strategic plans and growth initiatives.
Algorithmic scorecard
The overall algorithmic scorecard reflects a technically strong but fundamentally weak position for Carborundum Universal. The strongest technical signals include the bullish trend, with the 50-day average above the 200-day average, and the bullish sentiment over the last 30 days, where volume on up days has been 1.73 times higher than on down days. These indicators suggest systematic accumulation and positive market sentiment. On the fundamental side, the weakest signals are the low profit margin of 3.7% and the negligible dividend yield of 0.38%, which highlight the company’s thin profitability and lack of income generation through dividends. These factors pose risks, especially if the company fails to improve its profit margins or if market conditions turn unfavorable.
Company outlook
Management has provided forward-looking guidance for FY27, projecting consolidated sales growth of approximately 4% to 4.5%. The Abrasives segment is expected to grow by 5.5% to 6%, while Ceramics is anticipated to see growth in the range of 15% to 15.5%. Conversely, Electrominerals sales are expected to decline by 6.5% to 7%. Margins for Abrasives are forecasted to be around 9.5% to 10%, for Ceramics 20.5% to 21%, and for Electrominerals 9% to 9.5%. The company plans a CAPEX of INR 400 crores for FY27, including the construction of a 110 kV substation and tunnel kiln for Refractories. Additionally, the company aims to increase renewable energy use to 50%, reduce emission intensity by 25%, and lower energy intensity by 20% from FY2025 levels by FY2030.
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CARBORUNIV
Carborundum Universal Limited Q2 FY27: Net Profit Up 13%, Revenue Grows 11%
Carborundum Universal Limited (CARBORUNIV) reports Q2 FY27 net profit up 13% and revenue growth of 11%.
Carborundum Universal Limited (NSE: CARBORUNIV) has announced its standalone unaudited financial results for the quarter ended June 30, 2026. The company reported a net profit of Rs. 8,784 lakhs, up 13% compared to the same quarter last year, while revenue grew by 11% to Rs. 84,613 lakhs. The company’s earnings per share (EPS) stood at Rs. 4.61 for the quarter, reflecting a robust performance across its segments.
Segment Performance
The Abrasives segment recorded a revenue of Rs. 32,848 lakhs, contributing significantly to the overall growth. Ceramics and Electrominerals segments also showed strong performance with revenues of Rs. 27,431 lakhs and Rs. 28,226 lakhs respectively. The combined segment revenue for the quarter was Rs. 88,505 lakhs.
Expenses and Profit
Expenses for the quarter totaled Rs. 75,553 lakhs, which included cost of materials consumed, employee benefits, and other operational expenses. The profit before tax stood at Rs. 11,455 lakhs, with a tax expense of Rs. 2,671 lakhs, resulting in the reported net profit of Rs. 8,784 lakhs.
Looking Ahead
Carborundum Universal Limited is poised for continued growth driven by its diversified product portfolio and strong market presence. The company remains optimistic about its future prospects and is committed to delivering value to its shareholders.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Carborundum Universal Limited
Carborundum Universal Limited belongs to the Industrials › Conglomerates sector. Here’s a quick read on where the business and the stock stand today.
Carborundum posts a 4.0% three-month gain, but softens in the last few weeks. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. 1 loss quarter(s) over five years signals earnings fragility — not chronic but worth noting. The stock gives back 3.4% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock holds up despite 3.8% revenue growth and a PEG of 99.00. That could signal an early turnaround. Alternatively, index flows simply support the price. Watch whether analysts revise estimates upward — that is the real signal. Check Fundamentals of Carborundum Universal Limited.
CARBORUNIV
Carborundum Universal Limited (CARBORUNIV) breaks out, moves up 6% intraday
Carborundum Universal Limited (NSE: CARBORUNIV) stock price moves up 6% intraday to ₹1201.6, breaking out from its 6M resistance trendline in the Industrials.
Carborundum Universal Limited (CARBORUNIV) breaks out, gaining +6% to ₹1201.6 on the NSE on 18 Jun 2026. The stock cleared its 6-month resistance trendline, marking a transition from breakdown to breakout. This industrial conglomerate, with diverse operations in abrasives, ceramics, and electrominerals, saw its stock move independently of broader sector momentum, driven by the technical breakout and a recent corporate disclosure under SEBI regulations.
Technical setup — trendlines & DMA
The current 6-month trendline structure shows a robust breakout. The 6-month support trendline ends at ₹1097.25, with the stock now trading 8.68% above this level, indicating strong support. Resistance was previously at ₹1158.31, and the stock has cleared this by 3.60%, confirming the breakout. The 50-DMA at ₹994.5 is above the 200-DMA at ₹892.7, signaling a bullish trend. The stock is currently 14% above the 50-DMA, suggesting an extended move. In the 52-week range of ₹735.2 to ₹1166.4, the stock is in the upper third, indicating that much of the recent move is already priced in.
Snapshot: ₹1,201.60 on 2026-06-18 (chart frozen at publication)
Fundamentals & business context
With a PE of 109.3 and profit margins at 3.7%, CARBORUNIV’s valuation appears stretched relative to its current earnings, especially given the revenue CAGR of 3.8% over the past five years. The market may be pricing in a potential turnaround, but the current fundamentals suggest caution. Institutional ownership stands at 38.3%, indicating that smart money has a notable but not overwhelming stake in the company. There is no specific NSE catalyst today beyond the technical breakout and the SEBI disclosure.
Algorithmic scorecard
The overall algorithmic scorecard reflects a technically strong but fundamentally weak position. The strongest technical signals include the bullish trend, with the 50-day average above the 200-day average, and the bullish sentiment over the last 30 days, where volume on up days has been 1.73 times higher than on down days. These indicators suggest systematic accumulation and positive momentum. On the fundamental side, the weakest signals are the declining profit CAGR of -22.2% and the low profit margin of 3.7%, which leave the company vulnerable to further earnings pressure. Additionally, the negligible dividend yield of 0.38% offers little income support for investors.
Company outlook
Management provided forward guidance indicating consolidated sales growth of approximately 4% to 4.5% in FY27. The Abrasives segment is expected to grow by 5.5% to 6%, while Ceramics is projected to see growth in the range of 15% to 15.5%. However, Electrominerals sales are expected to decline by 6.5% to 7%. Margins for Abrasives are forecasted to be around 9.5% to 10%, Ceramics at 20.5% to 21%, and Electrominerals at 9% to 9.5%. The company plans a CAPEX of INR 400 crores for FY27, including investments in a 110 kV substation and a tunnel kiln for Refractories. Additionally, Carborundum aims to increase renewable energy use to 50%, reduce emission intensity by 25%, and lower energy intensity by 20% from FY2025 levels by FY2030.
Get all details on CARBORUNIV — P&L, peers, shareholding and more on TradeAlone.
CARBORUNIV
Carborundum Universal Limited (CARBORUNIV) breaks out, moves up 6% intraday
Carborundum Universal Limited (NSE: CARBORUNIV) stock breaks out, gaining 6% intraday to ₹1204.3, clearing its 6M resistance trendline.
Carborundum Universal Limited (CARBORUNIV) breaks out with a +6% gain to ₹1204.3 on the NSE today, clearing its 6-month resistance trendline. This move follows the disclosure by Ambadi Investments Limited under SEBI Takeover Regulations, which likely fueled positive sentiment. Carborundum, a diversified industrial conglomerate, has seen its stock price rise significantly, outperforming its sector which has been mixed in momentum. Today’s breakout indicates a strong company-specific catalyst rather than broad sector strength.
Technical setup — trendlines & DMA
The current 6-month trendline structure shows a robust breakout, with the stock now trading above the resistance trendline at ₹1158.31 by 3.82%. The 6-month support trendline stands at ₹1097.25, which is 8.89% below today’s price, providing a solid floor. The 50-DMA at ₹994.5 is above the 200-DMA at ₹892.7, indicating a bullish trend. The stock is 14% above the 50-DMA, suggesting an extended move. Within the 52-week range of ₹735.2 to ₹1166.4, the current price is in the upper third, implying that a significant portion of the move is already priced in, though there is still room for further upside given the breakout.
Snapshot: ₹1,204.30 on 2026-06-18 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 109.3, Carborundum’s valuation appears stretched, especially considering its thin profit margin of 3.7% and a revenue CAGR of 3.8% over the past five years. The market seems to be pricing in potential future growth or a turnaround, despite current earnings not fully supporting such a high valuation. Institutional ownership stands at 38.3%, indicating that smart money has a moderate level of confidence in the company. There was no specific NSE catalyst today beyond the SEBI disclosure, suggesting that the breakout is driven by broader market sentiment and technical factors.
Algorithmic scorecard
The overall algorithmic scorecard reflects a technically strong but fundamentally weak position for Carborundum. The strongest technical signals include a bullish trend, with the 50-day average above the 200-day average, and bullish sentiment over the last 30 days, where volume on up days has been 1.73 times higher than on down days. These indicators suggest systematic accumulation and positive market sentiment. On the fundamental side, the weakest signals are the declining profit CAGR of -22.2% and the low profit margin of 3.7%, which leave the company vulnerable to economic downturns and rising costs. Additionally, the negligible dividend yield of 0.38% offers little income for investors, making the stock more reliant on capital appreciation.
Company outlook
Management provided forward-looking guidance indicating consolidated sales growth of approximately 4% to 4.5% in FY27. The Abrasives segment is expected to grow by 5.5% to 6%, while Ceramics is projected to see growth in the range of 15% to 15.5%. Conversely, Electrominerals sales are anticipated to decline by 6.5% to 7%. Margins are expected to be around 9.5% to 10% for Abrasives, 20.5% to 21% for Ceramics, and 9% to 9.5% for Electrominerals. The company plans a CAPEX of INR 400 crores for FY27, including the construction of a 110 kV substation and tunnel kiln for Refractories. Additionally, Carborundum aims to increase renewable energy use to 50%, reduce emission intensity by 25%, and lower energy intensity by 20% from FY2025 levels by FY2030.
Get all details on CARBORUNIV — P&L, peers, shareholding and more on TradeAlone.
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