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Shalimar Paints Limited
Share Price Target & Analysis

NSE:SHALPAINTS

99.55

VWAP

99.4

Open

98.7

Close

102

High

97.95

Low

224.15

52 Week High

100.42 ⇧
1.72 (1.74%)

SHALPAINTS

(CONSUMER GOODS)
2.7% Momentum

Watch Carefully

97

52 Week Low

N/A

EPS

40.93

PE

2.23

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: SHALPAINTS Share Price Financial Analysis & Valuation

Shalimar Paints Limited (SHALPAINTS) is broadly categorized in CONSUMER GOODS segment industry which deals in Paints & Varnishes vertical. It is one of Micro Cap company with Market Capitalization of Rs 739.3 (in Cr). Total number of free float shares are 5.6 (in Lacs). Shalimar Paints Limited is listed on NSE with Exchange ID - INE849C01026 and trading code is NSE:SHALPAINTS with short name Shalimar Paints.

In the past 1 year, Shalimar Paints Limited has declared an equity dividend of Rs 0 per share. At the current share price of SHALPAINTS at Rs 100.42, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SHALPAINTS, it is clearly understood that SHALPAINTS is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:SHALPAINTS book value per share as of today is 45.08. The current price to book ratio for SHALPAINTS as of Nov 23, 2024 is 2.23.

Valuation of the Stock: The current valuation of SHALPAINTS stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SHALPAINTS whether to BUY this stock at current valuation. The delivery percentage of SHALPAINTS is 60.12% is very crucial parameter which shows that 60.12% investors are anticipating that the price of SHALPAINTS share should go up with VWAP at 99.55.

Now, the main question is whether to BUY or SELL, NSE:SHALPAINTS at current valuation.
As per latest Analysis No. #746:-

⇑ STRONG BUY SHALPAINTS if All Greens

⇗ BUY SHALPAINTS (at Lower Levels) if any 2 Greens

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

⇘ SELL SHALPAINTS if NO Green Indicator

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

(Shalimar Paints Limited Daily Analysis on the basis of SHALPAINTS Intraday Graph & Trend)

Shalimar Paints Limited share price moved Up by 1.74% from its previous close of Rs 98.7. SHALPAINTS stock last traded price is 100.42. SHALPAINTS share price trend is Up with a total of 148609 stocks traded till now. It has touched an intraday high of Rs 102 and an intraday low of Rs 97.95. The SHALPAINTS trading at 100.42, Up by Rs. 1.72, or 1.74 percent which suggests that most of the Traders are anticipating that the price of SHALPAINTS share should go Up.

NSE: SHALPAINTS Share Price Tomorrow Prediction

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

Shalimar Paints Limited share price moved Up by 1.74%. SHALPAINTS share price short term trend is Up. It suggests that SHALPAINTS Share Price for Tomorrow remains the same with VWAP at 99.55 will be treated as stop loss for intraday traders. Shalimar Paints Limited Long term investors can follow the SHALPAINTS long term trend as mentiond in future forecast table.

NSE Code

NSE: SHALPAINTS

SHALPAINTS Share Price Today

 100.42

SHALPAINTS Share Price Target Prediction for 2024 ^

 101.7 - 170.7

SHALPAINTS Share Price Target Prediction for 2025*^

 170.7 - 177.5

SHALPAINTS Share Price Target Prediction for 2026*^

 177.5 - 186.4

SHALPAINTS Share Price Target Prediction for 2027*^

 196

SHALPAINTS Share Price Target Prediction for 2028*^

 198

SHALPAINTS Share Price Target Prediction for 2030*^

 213
SHALPAINTS Current Book Value 2023
44.9

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

SHALPAINTS Technical Analysis

Candlestick Pattern: @104.7

SHALPAINTS Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 106.4 SELL 106.33 SELL
MA_12 111.44 SELL 111.13 SELL
MA_20 113.68 SELL 114.33 SELL
MA_32 121.51 SELL 119.54 SELL
MA_50 127.77 SELL 123.98 SELL
MA_100 134.03 SELL 131.89 SELL
MA_200 152.9 SELL 144.91 SELL

SHALPAINTS Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 113.68 Downtrend
MACD -0.59 SELL
ADX 37.68 Strong Trend
DMI (+/-) 13.59 / 33.67 Downtrend

SHALPAINTS Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 35.51 Neutral
STOCHASTIC_K (Fast) 13.83 Oversold
STOCHASTIC_D (Slow) 6.53 Oversold
CCI -94.91 Neutral
PSAR 120.52 SELL
TRUE RANGE 5.46 Neutral
ATR 6.13 Neutral
WILLIAMS R -79.91 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 46.92 Neutral
STOCHASTIC RSI D 15.64 Oversold
MOMENTUM -26.22 SELL

SHALPAINTS Last 1 Year Trend

Duration Value
1 Year -39.39%
3 Months -23.29%
1 Month -20.03%
1 Week -11.5%

SHALPAINTS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 23%
SELL 73%

Most popular Questions & Answers about SHALPAINTS


Shalimar Paints Limited stock last traded price is 100.42. SHALPAINTS share price moved Up by 1.74% from its previous close of Rs 98.7.

Shalimar Paints Limited share price trend is Up with a total of 148609 stocks traded till now. It has touched an intraday high of Rs 226.3915 and an intraday low of Rs 97.95. The SHALPAINTS trading at 100.42, Up by Rs. 1.72, or 1.74 percent which suggests that most of the Traders are anticipating that the price of SHALPAINTS share should go Up and the Stop Loss will be around 99.55.

The market cap of Shalimar Paints Limited is ₹739.3 (in Cr) as of Nov 22, 2024.

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

The current price to book ratio for Shalimar Paints Limited as of Nov 22, 2024 is 2.23.

The highest price of Shalimar Paints Limited stock is ₹224.15 in the last 52-week.

The lowest price of Shalimar Paints Limited stock is ₹97 in the last 52-week.

Shalimar Paints Limited share trading at ₹100.42, Up by Rs. 1.72, or 1.74 percent which suggests that most of the traders are anticipating that the price of SHALPAINTS share should go Up.

In 2023, Stock price target for Shalimar Paints Limited (SHALPAINTS) are ₹101.7 on downside and ₹170.7 on upside. Shalimar Paints Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shalimar Paints Limited (SHALPAINTS) are ₹170.7 on downside and ₹177.5 on upside. Shalimar Paints Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shalimar Paints Limited (SHALPAINTS) are ₹177.5 on downside and ₹186.4 on upside. Shalimar 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 Shalimar Paints Limited (SHALPAINTS) will be around ₹198 Shalimar Paints Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHALPAINTS.

The price of Shalimar Paints Limited (SHALPAINTS) shares moved by 1.74%. The short-term trend for SHALPAINTS share price is Up. It implies that the share price of SHALPAINTS will stay the same tomorrow and that intraday traders should treat VWAP at 99.55 as a stop loss. Investors with a long-term outlook can track SHALPAINTS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SHALPAINTS stock is Unavailable at this moment. Compared to the current market price of 100.42 INR, the SHALPAINTS stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Shalimar Paints Limited (SHALPAINTS), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Shalimar Paints Limited book value per share as of today is 45.08. The current price to book ratio for SHALPAINTS as of Nov 23, 2024 is 2.23.


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


Peer Comparison of NSE: SHALPAINTS

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

Sector: Paints & Varnishes

Company Price EPS BV
ASIANPAINT 2469.75 46.37 192.09
BERGEPAINT 477.60 8.4 42.94
KANSAINER 267.25 7.8 69.93
AKZOINDIA 3639.00 95.54 291.62
SIRCA 315.35 8.49 56.33
SHALPAINTS 100.42 0 45.08
Updated at: 22 Nov 2024 15:51

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