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Shalimar Paints Limited
Share Price Target & Analysis

NSE:SHALPAINTS

160.37

VWAP

160.90

Open

159.9

Close

162.95

High

159.00

Low

224.15

52 Week High

159.40 ⇩
-0.50 (-0.31%)

SHALPAINTS

(CONSUMER GOODS)
17.1% Momentum

Turnaround Potential

146.00

52 Week Low

-

EPS

47.73

PE

3.94

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 159.40, 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 -. NSE:SHALPAINTS book value per share as of today is 40.49. The current price to book ratio for SHALPAINTS as of May 15, 2024 is 3.94.

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 53.50% is very crucial parameter which shows that 53.50% investors are anticipating that the price of SHALPAINTS share should go up with VWAP at 160.37.

Now, the main question is whether to BUY or SELL, NSE:SHALPAINTS at current valuation.
As per latest Analysis No. #586:-

⇑ 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 (May 15, 2024)

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

Shalimar Paints Limited share price moved Down by -0.31% from its previous close of Rs 159.9. SHALPAINTS stock last traded price is 159.40. SHALPAINTS share price trend is Down with a total of 122161 stocks traded till now. It has touched an intraday high of Rs 162.95 and an intraday low of Rs 159.00. The SHALPAINTS trading at 159.40, Down by Rs. -0.50, or -0.31 percent which suggests that most of the Traders are anticipating that the price of SHALPAINTS share should go Down.

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 Down by -0.31%. SHALPAINTS share price short term trend is Down. It suggests that SHALPAINTS Share Price for Tomorrow remains the same with VWAP at 160.37 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

 159.40

SHALPAINTS Share Price Target Prediction for 2024 ^

 153.1 - 196.4

SHALPAINTS Share Price Target Prediction for 2025*^

 196.4 - 204.3

SHALPAINTS Share Price Target Prediction for 2026*^

 204.3 - 214.5

SHALPAINTS Share Price Target Prediction for 2027*^

 225

SHALPAINTS Share Price Target Prediction for 2028*^

 227

SHALPAINTS Share Price Target Prediction for 2030*^

 246
SHALPAINTS Current Book Value 2023
40.3

*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: @170.75

SHALPAINTS Moving Averages

BUY (7) NEUTRAL (0) SELL (7)
MA Simple Action S1 Expo Action E2
MA_5 168.81 BUY 169.48 BUY
MA_12 169.39 BUY 169.71 BUY
MA_20 170.58 BUY 170.28 BUY
MA_32 169.56 BUY 172.5 SELL
MA_50 176.02 SELL 174.96 SELL
MA_100 183.57 SELL 177.45 SELL
MA_200 174.35 SELL 173.98 SELL

SHALPAINTS Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 170.58 Uptrend
MACD 0.47 BUY
ADX 14.85 NO or Weak Trend
DMI (+/-) 20.58 / 21.72 Downtrend

SHALPAINTS Momentum Oscillators

BUY (5) NEUTRAL (7) SELL (0)
Momentum Oscillators Value Action
RSI 49.28 Neutral
STOCHASTIC_K (Fast) 29.48 Neutral
STOCHASTIC_D (Slow) 20.75 Neutral
CCI 9.56 Neutral
PSAR 159.14 BUY
TRUE RANGE 4.85 BUY
ATR 7.29 BUY
WILLIAMS R -56.68 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 38.89 Neutral
MOMENTUM 7.15 BUY

SHALPAINTS Last 1 Year Trend

Duration Value
1 Year 15.06%
3 Months -21.06%
1 Month 4.37%
1 Week -2.26%

SHALPAINTS Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 47%
NEUTRAL / HOLD 27%
SELL 27%

Most popular Questions & Answers about SHALPAINTS


Shalimar Paints Limited stock last traded price is 159.40. SHALPAINTS share price moved Down by -0.31% from its previous close of Rs 159.9.

Shalimar Paints Limited share price trend is Down with a total of 122161 stocks traded till now. It has touched an intraday high of Rs 226.3915 and an intraday low of Rs 159.00. The SHALPAINTS trading at 159.40, Down by Rs. -0.50, or -0.31 percent which suggests that most of the Traders are anticipating that the price of SHALPAINTS share should go Down and the Stop Loss will be around 160.37.

The market cap of Shalimar Paints Limited is ₹739.3 (in Cr) as of May 14, 2024.

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

The current price to book ratio for Shalimar Paints Limited as of May 14, 2024 is 3.94.

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 ₹146.00 in the last 52-week.

Shalimar Paints Limited share trading at ₹159.40, Down by Rs. -0.50, or -0.31 percent which suggests that most of the traders are anticipating that the price of SHALPAINTS share should go Down.

In 2023, Stock price target for Shalimar Paints Limited (SHALPAINTS) are ₹153.1 on downside and ₹196.4 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 ₹196.4 on downside and ₹204.3 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 ₹204.3 on downside and ₹214.5 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 ₹227 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.

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 40.49. The current price to book ratio for SHALPAINTS as of May 15, 2024 is 3.94.


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 2836.85 55.48 192.09
BERGEPAINT 485.80 8.83 36.85
KANSAINER 277.15 14.63 57
AKZOINDIA 2562.15 90.76 288.63
SIRCA 312.20 8.83 44.77
SHALPAINTS 159.40 0 40.49
Updated at: 15 May 2024 09:53

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