Indigo Paints Limited
Share Price Target & Analysis

NSE:INDIGOPNTS

1507.02

VWAP

1498.8

Open

1494.5

Close

1517.55

High

1497

Low

1720.3

52 Week High

1502.80
8.30 (0.56%)

INDIGOPNTS

(CONSUMER GOODS)
53.8% Momentum

Turnaround Potential

1250

52 Week Low

29.78

EPS

40.93

PE

7.82

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: INDIGOPNTS Share Price Financial Analysis & Valuation

Indigo Paints Limited (INDIGOPNTS) is broadly categorized in CONSUMER GOODS segment industry which deals in Paints vertical. It is one of Small Cap company with Market Capitalization of Rs 9276 (in Cr). Total number of free float shares are 0 (in Lacs). Indigo Paints Limited is listed on NSE with Exchange ID - INE09VQ01012 and trading code is NSE:INDIGOPNTS with short name Indigo Paints.

In the past 1 year, Indigo Paints Limited has declared an equity dividend of Rs 3.5 per share. At the current share price of INDIGOPNTS at Rs 1502.80, this results in a dividend yield of 0.23 %.

As per the Fundamental Analysis of NSE:INDIGOPNTS, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine INDIGOPNTS underlying value and future prospects. All of this data is available in INDIGOPNTS financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:INDIGOPNTS, it is clearly understood that INDIGOPNTS is Economical performer in terms of earnings and profit margins with an EPS of 29.78. NSE:INDIGOPNTS book value per share as of today is 192.16. The current price to book ratio for INDIGOPNTS as of Nov 23, 2024 is 7.82.

Valuation of the Stock: The current valuation of INDIGOPNTS stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of INDIGOPNTS whether to BUY this stock at current valuation. The delivery percentage of INDIGOPNTS is 51.04% is very crucial parameter which shows that 51.04% investors are anticipating that the price of INDIGOPNTS share should go up with VWAP at 1507.02.

Now, the main question is whether to BUY or SELL, NSE:INDIGOPNTS at current valuation.
As per latest Analysis No. #543:-

STRONG BUY INDIGOPNTS if All Greens

BUY INDIGOPNTS (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD INDIGOPNTS (With Stop Loss) if only 1 Green

SELL INDIGOPNTS if NO Green Indicator

NSE: INDIGOPNTS Share Price Today (Nov 23, 2024)

(Indigo Paints Limited Daily Analysis on the basis of INDIGOPNTS Intraday Graph & Trend)

Indigo Paints Limited share price moved Up by 0.56% from its previous close of Rs 1494.5. INDIGOPNTS stock last traded price is 1502.80. INDIGOPNTS share price trend is Up with a total of 34381 stocks traded till now. It has touched an intraday high of Rs 1517.55 and an intraday low of Rs 1497. The INDIGOPNTS trading at 1502.80, Up by Rs. 8.30, or 0.56 percent which suggests that most of the Traders are anticipating that the price of INDIGOPNTS share should go Up.

NSE: INDIGOPNTS Share Price Tomorrow Prediction

(Indigo Paints Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of INDIGOPNTS)

Indigo Paints Limited share price moved Up by 0.56%. INDIGOPNTS share price short term trend is Up. It suggests that INDIGOPNTS Share Price for Tomorrow remains the same with VWAP at 1507.02 will be treated as stop loss for intraday traders. Indigo Paints Limited Long term investors can follow the INDIGOPNTS long term trend as mentiond in future forecast table.

NSE Code

NSE: INDIGOPNTS

INDIGOPNTS Share Price Today

1502.80

INDIGOPNTS Share Price Target Prediction for 2024 ^

1426.5 - 1728.8

INDIGOPNTS Share Price Target Prediction for 2025*^

1728.8 - 1841.8

INDIGOPNTS Share Price Target Prediction for 2026*^

1841.8 - 1970.7

INDIGOPNTS Share Price Target Prediction for 2027*^

2069

INDIGOPNTS Share Price Target Prediction for 2028*^

2128

INDIGOPNTS Share Price Target Prediction for 2030*^

2320
INDIGOPNTS Current Book Value 2023
191.2

*Indigo Paints Limited Short Term & Long Term share price target is based on current financial year earings of the company.

^INDIGOPNTS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

INDIGOPNTS Technical Analysis

Candlestick Pattern: @1500.15

INDIGOPNTS Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 1504.05 SELL 1518.9 SELL
MA_12 1590.94 SELL 1559.77 SELL
MA_20 1604.94 SELL 1566.17 SELL
MA_32 1556.48 SELL 1557.02 SELL
MA_50 1534.4 SELL 1541.42 SELL
MA_100 1507.45 SELL 1509.95 SELL
MA_200 1435.59 BUY 1463.85 BUY

INDIGOPNTS Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 1604.94 Downtrend
MACD -22.51 SELL
ADX 24.95 NO or Weak Trend
DMI (+/-) 12.82 / 24.98 Downtrend

INDIGOPNTS Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 41.11 Neutral
STOCHASTIC_K (Fast) 14.52 Oversold
STOCHASTIC_D (Slow) 10.66 Oversold
CCI -95.41 Neutral
PSAR 1662.86 SELL
TRUE RANGE 47.2 Neutral
ATR 59.7 Neutral
WILLIAMS R -90.13 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 42.45 Neutral
STOCHASTIC RSI D 21.5 Neutral
MOMENTUM -72.95 SELL

INDIGOPNTS Last 1 Year Trend

Duration Value
1 Year -1.98%
3 Months 4.75%
1 Month -4.64%
1 Week -7.86%

INDIGOPNTS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 27%
SELL 67%

Most popular Questions & Answers about INDIGOPNTS


Indigo Paints Limited stock last traded price is 1502.80. INDIGOPNTS share price moved Up by 0.56% from its previous close of Rs 1494.5.

Indigo Paints Limited share price trend is Up with a total of 34381 stocks traded till now. It has touched an intraday high of Rs 1737.503 and an intraday low of Rs 1497. The INDIGOPNTS trading at 1502.80, Up by Rs. 8.30, or 0.56 percent which suggests that most of the Traders are anticipating that the price of INDIGOPNTS share should go Up and the Stop Loss will be around 1507.02.

The market cap of Indigo Paints Limited is ₹9276 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Indigo Paints Limited as of Nov 22, 2024 is 40.93.

The current price to book ratio for Indigo Paints Limited as of Nov 22, 2024 is 7.82.

The highest price of Indigo Paints Limited stock is ₹1720.3 in the last 52-week.

The lowest price of Indigo Paints Limited stock is ₹1250 in the last 52-week.

Indigo Paints Limited share trading at ₹1502.80, Up by Rs. 8.30, or 0.56 percent which suggests that most of the traders are anticipating that the price of INDIGOPNTS share should go Up.

In 2023, Stock price target for Indigo Paints Limited (INDIGOPNTS) are ₹1426.5 on downside and ₹1728.8 on upside. Indigo Paints Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indigo Paints Limited (INDIGOPNTS) are ₹1728.8 on downside and ₹1841.8 on upside. Indigo Paints Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indigo Paints Limited (INDIGOPNTS) are ₹1841.8 on downside and ₹1970.7 on upside. Indigo Paints Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Indigo Paints Limited (INDIGOPNTS) will be around ₹2128 Indigo Paints Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of INDIGOPNTS.

The price of Indigo Paints Limited (INDIGOPNTS) shares moved by 0.56%. The short-term trend for INDIGOPNTS share price is Up. It implies that the share price of INDIGOPNTS will stay the same tomorrow and that intraday traders should treat VWAP at 1507.02 as a stop loss. Investors with a long-term outlook can track INDIGOPNTS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of INDIGOPNTS stock is 357.1. Compared to the current market price of 1502.80 INR, the INDIGOPNTS stock is Overvalued by 76.2%.

As per the fundamental analysis of Indigo Paints Limited (INDIGOPNTS), it is of Economical quality in terms of earnings and profit margins with an EPS of 29.78. Indigo Paints Limited book value per share as of today is 192.16. The current price to book ratio for INDIGOPNTS as of Nov 23, 2024 is 7.82.


NSE:INDIGOPNTS News & Other Useful Information about INDIGOPNTS Share Price


Peer Comparison of NSE: INDIGOPNTS

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Paints

Company Price EPS BV
INDIGOPNTS 1502.80 29.78 192.16
SIDDHIKA 177.95 0 47.25
Updated at: 22 Nov 2024 15:31

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