Grindwell Norton Ltd. stands out as a strong performer in the abrasives industry with solid profitability metrics and a favorable growth trajectory. It offers a good balance of growth and valuation compared to its peers, making it a compelling choice for investors.

• • Grindwell Norton leads in ROE and ROCE, indicating strong profitability and efficient use of capital.
• • The company’s low debt levels suggest financial stability, positioning it favorably against peers with higher debt ratios.
• • Despite a higher PE ratio, its growth metrics justify the valuation, particularly the low PEG ratio which indicates potential for future growth.