Abrasives Industry

I am holding Carborandum Universal and Grindwell Norton in my long term portfolio from years and neverregrettedmyinvestmentsdecisiondone in the year 1978/1882.

Regulardecent dividends one or two rights and few bonus .

Recently added WENDT at 985 as company WENDT EUROPE was purchased world wide by 3 M.

In India Wendt is owned by CUMI /WENDT Europe so we may see some kind of fireworks in future.

In this sector there is one more company available slightly cheap ORIENT ABRASIVE at 30 and it worthstudyingin detail . Heard some marketrumor about some European company taking stake in the same. Study well and if you findinteresting let us discuss more in detail.

My investmentsdecisionin this sector looks ok to me

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