TheScreener - Carborundum Universal (CARBORUNIV) CARBORUNDUM UNIVERSAL sees an upgrade to Slightly Positive due to a better fundamental star rating

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EUR 13.20 For Business Accounts Only

CARBORUNDUM UNIVERSAL sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of CARBORUNDUM UNIVERSAL (IN), a company active in the Industrial Machinery industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 1 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date February 15, 2022, the closing price was INR 840.50 and its potential was estimated at INR 1,077.19.

16/02/2022 1 EN

Underlying

Carborundum Universal

Carborundum Universal Limited develops services and solutions for abrasives, electrominerals or ceramics. The Company's segments include Abrasives, Ceramics and Electrominerals. The Abrasives segment consists of bonded, coated, processed cloth, polymers, power tools and coolants. The operations are carried out through over 10 manufacturing facilities located pan India, Russia and other countries. The Ceramics segment consists of super refractories, industrial ceramics, anti-corrosives and bioceramics. Its user industries include power generation and transmission, coal washers, grain handling, ballistic protection and construction. The Electrominerals segment includes abrasive/refractory grains, micro grits for the photovoltaic industry and captive power generation from hydel power plant. Its product range includes white and brown fused alumina, silicon carbide, fused zirconia, alumina zirconia and zirconia mullite. Its geographical segments include India and Rest of the world.

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INE120A01034 National Stock Exchange of India India

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CARBORUNDUM UNIVERSAL sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

Carborundum Universal Limited: 1 director

Monthly LMI Update Independent Investment Research

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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