BusinessExperts See Up to 56% Upside in Indian Abrasive Stocks
Monarch Networth Capital forecasts up to 56% upside in Indian abrasive stocks like Grindwell Norton, Carborundum Universal, and Wendt India due to China's export rebate cuts on abrasive products. The sector benefits from a capex up-cycle and premiumisation, driven by demand from automotive precision, aerospace, electronics, semiconductors, and EV-related applications. The brokerage prefers Grindwell Norton, Carborundum Universal, and Wendt India in that order.
Mint Markets·




