Short term swing trade | Buy NSE: CARBORUNIV | Indian stock trading picks on 30 Jun 2026

NOTE

Closing Price: ₹1,192 (as of Jun 29, 2026)
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
Upside Potential#: Based on median of the suggested buy range.

Carborundum Universal Limited, founded in 1954 and headquartered in Chennai, India, is a diversified industrial materials company that manufactures abrasives, technical ceramics, electrominerals, and refractory products for customers in India and overseas. It serves industries including manufacturing, mining, energy, semiconductors, aerospace, and defence through its three core business segments.

Q4 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Record revenue: Sales rose 15% YoY to a record ₹1,398 crore, but the company reported a ₹40 crore net loss due to one-time exceptional items.
One-time overseas impact: The loss was mainly caused by the closure of its German unit and a write-down of its South African business, rather than weakness in the core business.
India business remains strong: Standalone operations performed well, with FY26 profit rising 29% as domestic demand stayed healthy.
Russia remains a risk: Around ₹297 crore of cash remains restricted in the Russian subsidiary because of sanctions.
Positive FY27 outlook: Management expects 4–4.5% consolidated sales growth, or 11–12% excluding the exited businesses, while remaining net debt-free and funding capex through internal cash flows.

Financial Highlights

Metric	Q4 FY26 (Mar '26)	Q3 FY26 (Dec '25)	Q4 FY25 (Mar '25)	QoQ Change	YoY Change
Revenue from Operations	1,398	1,291	1,217	▲ 8.3%	▲ 14.9%
EBITDA (Operating Profit)	144	157	146	▼ 8.3%	▼ 1.4%
EBITDA Margin (OPM %)	10%	12%	12%	▼ 200 bps	▼ 200 bps
Net Profit / (Loss) (PAT)	-40	73	30	▼ N/M (loss)	▼ N/M (loss)
EPS (₹)	-0.92	3.99	1.53	▼ N/M	▼ N/M

Q4 FY26 Earnings Call Summary & Financial Highlights

Earnings Call Summary

Record revenue: Sales rose 15% YoY to a record ₹1,398 crore, but the company reported a ₹40 crore net loss due to one-time exceptional items.
One-time overseas impact: The loss was mainly caused by the closure of its German unit and a write-down of its South African business, rather than weakness in the core business.
India business remains strong: Standalone operations performed well, with FY26 profit rising 29% as domestic demand stayed healthy.
Russia remains a risk: Around ₹297 crore of cash remains restricted in the Russian subsidiary because of sanctions.
Positive FY27 outlook: Management expects 4–4.5% consolidated sales growth, or 11–12% excluding the exited businesses, while remaining net debt-free and funding capex through internal cash flows.

Financial Highlights

Metric	Q4 FY26 (Mar '26)	Q3 FY26 (Dec '25)	Q4 FY25 (Mar '25)	QoQ Change	YoY Change
Revenue from Operations	1,398	1,291	1,217	▲ 8.3%	▲ 14.9%
EBITDA (Operating Profit)	144	157	146	▼ 8.3%	▼ 1.4%
EBITDA Margin (OPM %)	10%	12%	12%	▼ 200 bps	▼ 200 bps
Net Profit / (Loss) (PAT)	-40	73	30	▼ N/M (loss)	▼ N/M (loss)
EPS (₹)	-0.92	3.99	1.53	▼ N/M	▼ N/M

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Price Performance & Volume Analysis

Price Performance

Volume Analysis

Technical Analysis

Key Observations

Following a prolonged downtrend, the stock formed an Inverted Head & Shoulders pattern, signaling a potential trend reversal.
The price then broke above both the falling trendline resistance and the pattern's neckline, confirming bullish momentum.
It is now retesting the breakout zone, which could act as support.
If the breakout holds, the stock may witness further upside in the short term.

A reliable swing trading advisory service in India can help traders catch momentum early, before the crowd joins in.

Technical Image - Daily Timeframe

Technical Analysis

Key Observations

Following a prolonged downtrend, the stock formed an Inverted Head & Shoulders pattern, signaling a potential trend reversal.
The price then broke above both the falling trendline resistance and the pattern's neckline, confirming bullish momentum.
It is now retesting the breakout zone, which could act as support.
If the breakout holds, the stock may witness further upside in the short term.

A reliable swing trading advisory service in India can help traders catch momentum early, before the crowd joins in.

Technical Image - Daily Timeframe

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	63.92	Neutral
CCI-14	74.05	Neutral
MFI	84.70	Overbought
ROC	17.27	Positive
Stochastic %K	55.05	Neutral
William %R	-36.66	Neutral

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
5 EMA	1174	Above
10 EMA	1155	Above
20 EMA	1119	Above
50 EMA	1041	Above
100 EMA	978	Above
200 EMA	953	Above

Technical Indicators

Oscillators

Indicator	Value	Zone
RSI-14	63.92	Neutral
CCI-14	74.05	Neutral
MFI	84.70	Overbought
ROC	17.27	Positive
Stochastic %K	55.05	Neutral
William %R	-36.66	Neutral

Exponential Moving Averages (EMAs)

EMA	Value	Stock Position
5 EMA	1174	Above
10 EMA	1155	Above
20 EMA	1119	Above
50 EMA	1041	Above
100 EMA	978	Above
200 EMA	953	Above

Conclusion

Carborundum Universal Stock Price Forecast

Based on our SEBI registered stock trading advisor, the Carborundum Universal price target will be INR 1250 - INR 1270 in the next 12-14 trading sessions.

Conclusion

Carborundum Universal Stock Price Forecast

Based on our SEBI registered stock trading advisor, the Carborundum Universal price target will be INR 1250 - INR 1270 in the next 12-14 trading sessions.

MONEY MANAGEMENT AND TRADING RULES

Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.
No need to rush. The recommendation remains valid for up to 7 days, not just at market open.
Use a trailing stop-loss to protect and lock in profits.
Diversify your trading capital across our other recommended stocks to reduce risk.
Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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