Indigo Paints Share Price Today on 26-11-2024: At 26 Nov 11:29 today, Indigo Paints shares are trading at price ₹1479.8, 0.58% up from the previous closing price. Sensex is trading at ₹80014.18, down by -0.12%. The stock has hit a high of ₹1497.65 and a low of ₹1465.6 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 :
| Days | Simple Moving Average |
|---|---|
| 5 | 1500.33 |
| 10 | 1514.92 |
| 20 | 1579.58 |
| 50 | 1535.85 |
| 100 | 1497.40 |
| 300 | 1436.53 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1515.17, ₹1557.43, & ₹1593.87, whereas it has key support levels at ₹1436.47, ₹1400.03, & ₹1357.77.
Till 11 AM today, the volume traded on NSE & BSE for Indigo Paints was -19.38% 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, The stock's continued downtrend suggests a bearish trend is underway..
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 50.28 & P/B is at 7.48.
The median 1-year forecasted upside in this share is at 7.11% 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 has gained 0.58% today to trade at ₹1479.8 in resonance with its peers. Its peers such as
