Cheil Grinding Wheel Ind. Co., Ltd.
Cheil Grinding Wheel Ind. Co., Ltd. (KRX: 001560) is trading at ₩8,950.00, about ₹646 at today's KRW/INR rate, as of 8 Oct 2026, 2:30 AM ET, down 2.29% today. Cheil Grinding Wheel Ind. is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
₩8,950.00
Today's high
₩9,300.00
52 week low
₩8,030.00
52 week high
₩12,900.00
001560 opened at ₩9,050.00, closed previously at ₩9,160.00, and has traded between ₩8,030.00 and ₩12,900.00 over the past 52 weeks.
About
Cheil Grinding Wheel Industrial Co., Ltd. specializes in the manufacturing and distribution of abrasive wheels, designed for a broad spectrum of industrial tasks such as grinding, cutting, and surface finishing. Their extensive product catalog features numerous types of resin-bonded abrasive wheels, including reinforced cut-off, mini cut-off, circular saw, chopsaw, stationary machine saw, high-speed gas/electric saw, non-reinforced cut-off, depressed center, flexible grinding, resin-bonded snagging, heavy-duty snagging, and roll grinding wheels. Additionally, they offer vitrified-bonded abrasive wheels tailored for general purpose, surface, cylindrical, tool room, mounted point, centerless, crankshaft, and camshaft grinding applications. The company's range further extends to specialized items such as CBN/diamond grinding wheels, rubber regulating abrasive wheels, magnesia and epoxy wheels/discs, mold stones, honing stones, super finishing stones, internal grinding wheels, and barrel stones. These products are supplied globally through a network of distributors spanning Asia, the Middle East, Oceania, Canada, the United States, Central and South America, Europe, and Africa. Established in 1955, Cheil Grinding Wheel Ind. Co., Ltd. is headquartered in Pohang, South Korea.
Key statistics
Avg. volume
3.41K
Market cap
₩59.43B
P/E Ratio
9.23
Price-to-sales ratio
0.73
Enterprise value
₩59.83B
Free cash flow yield
3.50%
Debt-to-equity ratio
0.00
Return on equity
12.55%
ROIC
2.97%
Beta
-0.14
Dividend yield
8.06%
Last dividend
₩721.00
Financial overview
Revenue
₩78.90B
Earnings per share
₩2,042.00
Free cash flow
₩3.42B
Net profit margin
8.23%
Gross margin
23.60%
EBITDA
₩6.34B
Revenue growth
-3.75%
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This is not an investment recommendation
Cheil Grinding Wheel Ind. for Indian investors
Cheil Grinding Wheel Ind. is listed on the Korea Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Cheil Grinding Wheel Ind. for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm KST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Cheil Grinding Wheel Ind.’s current yield is 8.06%.Dividend tax explained
FAQs
Can I buy Cheil Grinding Wheel Ind. on Paasa?
Cheil Grinding Wheel Ind. (001560) has been listed on the Korea Exchange since 2005, in the Manufacturing - Tools & Accessories industry. Cheil Grinding Wheel Ind. is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Cheil Grinding Wheel Ind. share cost in rupees?
One Cheil Grinding Wheel Ind. share is ₩8,950.00 — about ₹646 at a KRW/INR rate of 0.0722 on 8 Oct 2026. Both the Cheil Grinding Wheel Ind. price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Cheil Grinding Wheel Ind. shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the KRW/INR rate on the purchase and the sale date, so the rupee move counts alongside the Cheil Grinding Wheel Ind. price.
Does Cheil Grinding Wheel Ind. pay a dividend, and how is it taxed in India?
Yes. Cheil Grinding Wheel Ind. pays a dividend and the current yield is 8.06%; the last declared dividend was ₩721.00 per share, about ₹52.04. Dividends are taxed at your slab rate in India.
When does KRX trade, in Indian time?
The Korea Exchange trades 5:30 am – 12:00 pm IST in Indian time.
Do I have to declare Cheil Grinding Wheel Ind. shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Cheil Grinding Wheel Ind.?
Yes. Cheil Grinding Wheel Ind. is priced in KRW, so your rupee outcome combines the KRW move with the KRW/INR move between the day you remit and the day you convert back.