NSE: CARBORUNIV · 3 November 2026
- Carborundum Universal Ltd. (CARBORUNIV) moved higher on Tuesday, trading up 1.95% at ₹1101.00 after moving between an intraday low of ₹1070.10 and a high of ₹1169.00.
- Carborundum Universal submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, following a board meeting held on November 02, 2026. Standalone revenue from operations for the quarter stood at ₹92,080 lakhs with a net profit of ₹7,229 lakhs. Consolidated revenue reached ₹146,905 lakhs for the same period.
- Trading volume was 5.62 times the 20-day average daily volume.
Why is Carborundum Universal share price rising on 3 November 2026?
Carborundum Universal Ltd. (CARBORUNIV) moved higher on Tuesday, trading up 1.95% at ₹1101.00 after moving between an intraday low of ₹1070.10 and a high of ₹1169.00.
The broader market demonstrated positive momentum, with the Nifty rising 1.58% during the session. Carborundum Universal's upward movement aligns with the broader market's gains, coming on the heels of a 4.81% return in the prior trading session, though the stock has experienced a 13.14% decline over the past 20 trading days.
On the corporate development front, the company's board met on November 02, 2026, to approve its unaudited financial results for the quarter and half year ended September 30, 2026. Additionally, the company provided an update on the ongoing closure of its German step-down subsidiary, CUMI Awuko Abrasives GmbH, noting that agreements for the sale of inventory and property, plant, and equipment were finalized in October 2026 for an aggregate consideration of ₹534 lakhs.
11.98 lakh shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 2.13 lakh shares (5.62 times). The five-day average daily volume was 1.82 lakh shares. Separately, the NSE report for 2 November 2026 showed 86,213 shares delivered, representing 43.91% of that day’s traded volume. The same report recorded 27,000 trades.
Carborundum Universal's 1.95% advance to ₹1101.00 coincided with active cash-market participation, where volume exceeded its 20-day average by 5.62%. The move reflects continued investor attention following the release of September quarter financial results and subsidiary update disclosures on November 02, 2026.
Latest Company Developments
Carborundum Universal submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, following a board meeting held on November 02, 2026. Standalone revenue from operations for the quarter stood at ₹92,080 lakhs with a net profit of ₹7,229 lakhs. Consolidated revenue reached ₹146,905 lakhs for the same period.
Quarterly earnings updates provide essential insights into operational performance, margin trends, and segment growth across abrasives, ceramics, and electrominerals.
The company reported that the closure of CUMI Awuko Abrasives GmbH (CAAG), a wholly owned step-down subsidiary, is progressing under German laws. In October 2026, CAAG entered into agreements to sell its inventory, property, plant, and equipment for an aggregate consideration of ₹534 lakhs alongside employee social plan reconciliations, prior to final liquidation and de-registration.
Resolving overseas subsidiary operations removes structural drag and provides clarity on exceptional items impacting consolidated financials.
a press release dated November 02, 2026, titled "Unaudited financial results for the quarter/half year ended 30th September 2026".
a press release dated November 02, 2026, titled "Unaudited financial results for the quarter/half year ended 30th September 2026".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 27.94% on 30 September 2026. This compares with 28.13% on 30 June 2026, a change of -0.19 percentage points.
The filing reported 25 MF/UTI holders.
What to Watch Next
- Execution and financial impact of the CUMI Awuko Abrasives GmbH liquidation process
- Segment-wise performance of Abrasives, Ceramics, and Electrominerals divisions
- Delivery volume trends relative to the 43.91% delivery percentage recorded on November 02, 2026
- Management commentary regarding export demand and margin sustainability
Other Dated Coverage
More Carborundum Universal news and dated analysis →
Frequently Asked Questions
What is the latest Carborundum Universal company news?
Carborundum Universal submitted its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, following a board meeting held on November 02, 2026. Standalone revenue from operations for the quarter stood at ₹92,080 lakhs with a net profit of ₹7,229 lakhs. Consolidated revenue reached ₹146,905 lakhs for the same period.
How strong was Carborundum Universal’s trading volume?
11.98 lakh shares traded, 5.62 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.