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Indigo Paints Limited
Share Price Target & Analysis

NSE:INDIGOPNTS

1367.05

VWAP

1370.00

Open

1370.15

Close

1379.05

High

1358.50

Low

1679.95

52 Week High

1361.90 ⇩
-8.25 (-0.60%)

INDIGOPNTS

(CONSUMER GOODS)
48.9% Momentum

Turnaround Potential

1057.50

52 Week Low

30.20

EPS

47.73

PE

8.36

PB

Economical
Quality

Gold
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 1361.90, this results in a dividend yield of 0.26 %.

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 30.20. NSE:INDIGOPNTS book value per share as of today is 162.99. The current price to book ratio for INDIGOPNTS as of May 15, 2024 is 8.36.

Valuation of the Stock: The current valuation of INDIGOPNTS stock is like Gold which means currently the stock is Overpriced. 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 55.04% is very crucial parameter which shows that 55.04% investors are anticipating that the price of INDIGOPNTS share should go up with VWAP at 1367.05.

Now, the main question is whether to BUY or SELL, NSE:INDIGOPNTS at current valuation.
As per latest Analysis No. #454:-

⇑ 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 (May 15, 2024)

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

Indigo Paints Limited share price moved Down by -0.60% from its previous close of Rs 1370.15. INDIGOPNTS stock last traded price is 1361.90. INDIGOPNTS share price trend is Down with a total of 16445 stocks traded till now. It has touched an intraday high of Rs 1379.05 and an intraday low of Rs 1358.50. The INDIGOPNTS trading at 1361.90, Down by Rs. -8.25, or -0.60 percent which suggests that most of the Traders are anticipating that the price of INDIGOPNTS share should go Down.

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 Down by -0.60%. INDIGOPNTS share price short term trend is Down. It suggests that INDIGOPNTS Share Price for Tomorrow remains the same with VWAP at 1367.05 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

 1361.90

INDIGOPNTS Share Price Target Prediction for 2024 ^

 1108.7 - 1452.8

INDIGOPNTS Share Price Target Prediction for 2025*^

 1452.8 - 1798.6

INDIGOPNTS Share Price Target Prediction for 2026*^

 1798.6 - 1924.5

INDIGOPNTS Share Price Target Prediction for 2027*^

 2021

INDIGOPNTS Share Price Target Prediction for 2028*^

 2079

INDIGOPNTS Share Price Target Prediction for 2030*^

 2266
INDIGOPNTS Current Book Value 2023
162.2

*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: @1371.5

INDIGOPNTS Moving Averages

BUY (10) NEUTRAL (0) SELL (4)
MA Simple Action S1 Expo Action E2
MA_5 1331.97 BUY 1338.76 BUY
MA_12 1328.95 BUY 1333.69 BUY
MA_20 1336.81 BUY 1336.29 BUY
MA_32 1333.94 BUY 1347.85 BUY
MA_50 1368.92 BUY 1363.14 BUY
MA_100 1410.5 SELL 1391.45 SELL
MA_200 1461.34 SELL 1414.32 SELL

INDIGOPNTS Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 1336.81 Uptrend
MACD 4.35 BUY
ADX 19.87 NO or Weak Trend
DMI (+/-) 22.71 / 19.07 Uptrend

INDIGOPNTS Momentum Oscillators

BUY (5) NEUTRAL (6) SELL (1)
Momentum Oscillators Value Action
RSI 57.4 Neutral
STOCHASTIC_K (Fast) 81.04 Overbought
STOCHASTIC_D (Slow) 63.41 Neutral
CCI 114.84 BUY
PSAR 1378.32 SELL
TRUE RANGE 52 Neutral
ATR 36.49 Neutral
WILLIAMS R -31.36 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 89.94 Overbought
MOMENTUM 87.15 BUY

INDIGOPNTS Last 1 Year Trend

Duration Value
1 Year 18.7%
3 Months -6.09%
1 Month 6.79%
1 Week 3.72%

INDIGOPNTS Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 23%
SELL 17%

Most popular Questions & Answers about INDIGOPNTS


Indigo Paints Limited stock last traded price is 1361.90. INDIGOPNTS share price moved Down by -0.60% from its previous close of Rs 1370.15.

Indigo Paints Limited share price trend is Down with a total of 16445 stocks traded till now. It has touched an intraday high of Rs 1696.7495 and an intraday low of Rs 1358.50. The INDIGOPNTS trading at 1361.90, Down by Rs. -8.25, or -0.60 percent which suggests that most of the Traders are anticipating that the price of INDIGOPNTS share should go Down and the Stop Loss will be around 1367.05.

The market cap of Indigo Paints Limited is ₹9276 (in Cr) as of May 14, 2024.

The current price to earning ratio for Indigo Paints Limited as of May 14, 2024 is 47.73.

The current price to book ratio for Indigo Paints Limited as of May 14, 2024 is 8.36.

The highest price of Indigo Paints Limited stock is ₹1679.95 in the last 52-week.

The lowest price of Indigo Paints Limited stock is ₹1057.50 in the last 52-week.

Indigo Paints Limited share trading at ₹1361.90, Down by Rs. -8.25, or -0.60 percent which suggests that most of the traders are anticipating that the price of INDIGOPNTS share should go Down.

In 2023, Stock price target for Indigo Paints Limited (INDIGOPNTS) are ₹1108.7 on downside and ₹1452.8 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 ₹1452.8 on downside and ₹1798.6 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 ₹1798.6 on downside and ₹1924.5 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 ₹2079 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.

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 30.20. Indigo Paints Limited book value per share as of today is 162.99. The current price to book ratio for INDIGOPNTS as of May 15, 2024 is 8.36.


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 1361.90 30.2 162.99
Updated at: 14 May 2024 15:32

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SITEMAP 993
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