Indigo Paints Share Price Today on 25-11-2024: At 25 Nov 11:28 today, Indigo Paints shares are trading at price ₹1487.15, -1.06% down from the previous closing price. Sensex is trading at ₹80358.55, up by 1.57%. The stock has hit a high of ₹1524.95 and a low of ₹1483.65 during the day.
On the technical front, the stock is trading above the 300 days SMA & lower than the 5,10,20,50,100 day SMA. The stock will have support at 300 days SMA & face resistance at 5,10,20,50,100 days SMA
The SMA values for the stock are given below :
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1513.8, ₹1525.05, & ₹1532.55, whereas it has key support levels at ₹1495.05, ₹1487.55, & ₹1476.3.
Till 11 AM today, the volume traded on NSE & BSE for Indigo Paints was -38.26% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..
From a fundamental analysis perspective, the company has a ROE of 17.56% & ROA of 12.76% respectively.The current P/E of the stock is at 51.31 & P/B is at 7.63.
The median 1-year forecasted upside in this share is at 6.58% with a target price of ₹1585.00.
The company has a 0.00% promoter holding, 14.89% MF holding, & 12.31% FII holding as per filings in the september quarter.
The MF holding has increased from 0.31% in june to 14.89% in the september quarter.
The FII holding has increased from 8.28% in june to 12.31% in the september quarter.
Indigo Paints share price down -1.06% today to trade at ₹1487.15 while its peers are mixed. Its peers such as are falling today, but its peers Gujarat State Fertilizers & Chemicals, Sharda Cropchem, Privi Speciality Chemicals, Laxmi Organic Industries are on the rise. Overall, benchmark indices Nifty & Sensex are up 1.78% & 1.57% each respectively.
