10 XP 0   0   5  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

INDIGOPNTS (Indigo Paints Limited) Stock Analysis
Buy, Hold or Sell?

Let's analyze Indigo Paints Limited together

I guess you are interested in Indigo Paints Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Indigo Paints Limited’s Financial Insights
  • 📈 Technical Analysis (TA) – Indigo Paints Limited’s Price Targets

I'm going to help you getting a better view of Indigo Paints Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Indigo Paints Limited

I send you an email if I find something interesting about Indigo Paints Limited.

1. Quick Overview

1.1. Quick analysis of Indigo Paints Limited (30 sec.)










1.2. What can you expect buying and holding a share of Indigo Paints Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.16
When do you have the money?
1 year
How often do you get paid?
66.7%

What is your share worth?

Current worth
INR216.35
Expected worth in 1 year
INR325.61
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR123.26
Return On Investment
10.3%

For what price can you sell your share?

Current Price per Share
INR1,201.30
Expected price per share
INR991.00 - INR1,314
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Indigo Paints Limited (5 min.)




Live pricePrice per Share (EOD)
INR1,201.30
Intrinsic Value Per Share
INR40.75 - INR71.55
Total Value Per Share
INR257.10 - INR287.90

2.2. Growth of Indigo Paints Limited (5 min.)




Is Indigo Paints Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$120.5m$105.5m$15m12.5%

How much money is Indigo Paints Limited making?

Current yearPrevious yearGrowGrow %
Making money$16.5m$17.2m-$650.5k-3.9%
Net Profit Margin10.6%11.3%--

How much money comes from the company's main activities?

2.3. Financial Health of Indigo Paints Limited (5 min.)




2.4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#343 / 533

Most Revenue
#201 / 533

Most Profit
#116 / 533
3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Indigo Paints Limited?

Welcome investor! Indigo Paints Limited's management wants to use your money to grow the business. In return you get a share of Indigo Paints Limited.

First you should know what it really means to hold a share of Indigo Paints Limited. And how you can make/lose money.

Speculation

The Price per Share of Indigo Paints Limited is INR1,201. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Indigo Paints Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Indigo Paints Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR216.35. Based on the TTM, the Book Value Change Per Share is INR27.32 per quarter. Based on the YOY, the Book Value Change Per Share is INR26.29 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR3.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Indigo Paints Limited.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.350.0%0.350.0%0.360.0%0.340.0%0.280.0%0.180.0%
Usd Book Value Change Per Share0.320.0%0.320.0%0.310.0%0.310.0%0.410.0%0.280.0%
Usd Dividend Per Share0.040.0%0.040.0%0.040.0%0.040.0%0.040.0%0.020.0%
Usd Total Gains Per Share0.360.0%0.360.0%0.350.0%0.350.0%0.450.0%0.310.0%
Usd Price Per Share11.03-11.03-14.70-12.51-16.87-9.37-
Price to Earnings Ratio31.68-31.68-40.71-36.28-72.20-40.11-
Price-to-Total Gains Ratio30.59-30.59-42.19-35.67-42.71-42.71-
Price to Book Ratio4.36-4.36-6.65-5.73-9.85-5.47-
Price-to-Total Gains Ratio30.59-30.59-42.19-35.67-42.71-42.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share14.05521
Number of shares71
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.04
Usd Book Value Change Per Share0.320.41
Usd Total Gains Per Share0.360.45
Gains per Quarter (71 shares)25.6031.72
Gains per Year (71 shares)102.39126.90
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
112919211116117
22318219421233244
33527229632349371
44736339842465498
55845450053581625
67054560264698752
78163570474814879
893726806859301006
91058179089610471133
10116908101010611631260

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.01.00.088.9%8.01.00.088.9%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.03.066.7%6.00.03.066.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of Indigo Paints Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--27.31627.3160%26.294+4%26.690+2%34.997-22%24.039+14%
Book Value Per Share--216.351216.3510%189.035+14%189.376+14%164.540+31%105.118+106%
Current Ratio--2.3722.3720%2.183+9%2.173+9%2.248+6%1.765+34%
Debt To Asset Ratio--0.2690.2690%0.290-7%0.276-2%0.285-6%0.407-34%
Debt To Equity Ratio--0.3680.3680%0.408-10%0.381-3%0.400-8%0.793-54%
Dividend Per Share--3.4993.4990%3.490+0%3.327+5%3.194+10%2.107+66%
Enterprise Value--43741491288.90043741491288.9000%58282597134.800-25%49688346532.450-12%67914354897.460-36%67914354897.460-36%
Eps--29.76029.7600%30.869-4%29.432+1%24.159+23%15.093+97%
Ev To Ebitda Ratio--17.35917.3590%23.259-25%21.782-20%41.782-58%41.782-58%
Ev To Sales Ratio--3.2633.2630%4.482-27%4.042-19%7.294-55%7.294-55%
Free Cash Flow Per Share--13.95713.9570%9.773+43%2.099+565%1.250+1017%-0.071+101%
Free Cash Flow To Equity Per Share--9.6119.6110%4.948+94%-2.361+125%8.248+17%3.802+153%
Gross Profit Margin--1.0001.0000%-0.473+147%0.057+1662%-0.387+139%-1.033+203%
Intrinsic Value_10Y_max--71.548----------
Intrinsic Value_10Y_min--40.747----------
Intrinsic Value_1Y_max--3.199----------
Intrinsic Value_1Y_min--1.984----------
Intrinsic Value_3Y_max--12.638----------
Intrinsic Value_3Y_min--7.815----------
Intrinsic Value_5Y_max--25.725----------
Intrinsic Value_5Y_min--15.632----------
Market Cap57223565110.000+22%44905238288.90044905238288.9000%59969071134.800-25%50987815865.783-12%68732879497.460-35%38184933054.145+18%
Net Profit Margin--0.1060.1060%0.113-7%0.114-7%0.107-1%0.071+49%
Operating Margin--0.1440.1440%0.153-6%0.148-2%0.142+2%0.098+47%
Operating Ratio--0.8690.8690%0.856+2%0.793+10%0.825+5%0.883-2%
Pb Ratio5.553+22%4.3574.3570%6.647-34%5.734-24%9.848-56%5.471-20%
Pe Ratio40.367+22%31.67731.6770%40.707-22%36.277-13%72.204-56%40.114-21%
Price Per Share1201.300+22%942.700942.7000%1256.600-25%1069.217-12%1441.870-35%801.039+18%
Price To Free Cash Flow Ratio86.074+22%67.54567.5450%128.573-47%46.093+47%41.377+63%22.987+194%
Price To Total Gains Ratio38.985+22%30.59330.5930%42.191-27%35.673-14%42.708-28%42.708-28%
Quick Ratio--2.5392.5390%2.060+23%1.927+32%2.272+12%1.652+54%
Return On Assets--0.1010.1010%0.116-13%0.114-12%0.104-3%0.076+32%
Return On Equity--0.1380.1380%0.163-16%0.157-12%0.145-5%0.124+11%
Total Gains Per Share--30.81530.8150%29.784+3%30.017+3%38.191-19%26.146+18%
Usd Book Value--120577789.800120577789.8000%105549947.100+14%105644884.800+14%91779276.420+31%58627764.118+106%
Usd Book Value Change Per Share--0.3200.3200%0.308+4%0.312+2%0.409-22%0.281+14%
Usd Book Value Per Share--2.5312.5310%2.212+14%2.216+14%1.925+31%1.230+106%
Usd Dividend Per Share--0.0410.0410%0.041+0%0.039+5%0.037+10%0.025+66%
Usd Enterprise Value--511775448.080511775448.0800%681906386.477-25%581353654.430-12%794597952.300-36%794597952.300-36%
Usd Eps--0.3480.3480%0.361-4%0.344+1%0.283+23%0.177+97%
Usd Free Cash Flow--7778335.5007778335.5000%5457137.400+43%1169223.900+565%694839.600+1019%-40474.216+101%
Usd Free Cash Flow Per Share--0.1630.1630%0.114+43%0.025+565%0.015+1017%-0.001+101%
Usd Free Cash Flow To Equity Per Share--0.1120.1120%0.058+94%-0.028+125%0.096+17%0.044+153%
Usd Market Cap669515711.787+22%525391287.980525391287.9800%701638132.277-25%596557445.630-12%804174690.120-35%446763716.733+18%
Usd Price Per Share14.055+22%11.03011.0300%14.702-25%12.510-12%16.870-35%9.372+18%
Usd Profit--16585791.30016585791.3000%17236311.300-4%16419670.800+1%13476418.020+23%8418710.115+97%
Usd Revenue--156858729.300156858729.3000%152144647.200+3%144861163.200+8%124853259.960+26%93303365.718+68%
Usd Total Gains Per Share--0.3610.3610%0.348+3%0.351+3%0.447-19%0.306+18%
 EOD+4 -4MRQTTM+0 -0YOY+24 -163Y+26 -145Y+23 -1710Y+33 -7

3.3 Fundamental Score

Let's check the fundamental score of Indigo Paints Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1540.367
Price to Book Ratio (EOD)Between0-15.553
Net Profit Margin (MRQ)Greater than00.106
Operating Margin (MRQ)Greater than00.144
Quick Ratio (MRQ)Greater than12.539
Current Ratio (MRQ)Greater than12.372
Debt to Asset Ratio (MRQ)Less than10.269
Debt to Equity Ratio (MRQ)Less than10.368
Return on Equity (MRQ)Greater than0.150.138
Return on Assets (MRQ)Greater than0.050.101
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of Indigo Paints Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.445
Ma 20Greater thanMa 501,132.940
Ma 50Greater thanMa 1001,064.198
Ma 100Greater thanMa 2001,052.069
OpenGreater thanClose1,190.000
Total3/5 (60.0%)

4. In-depth Analysis

4.1 About Indigo Paints Limited

Indigo Paints Limited engages in the manufacture and sale of decorative paints in India and internationally. It offers interior and exterior emulsions, enamels, putties and primers, and sleek wood coatings, as well as other products, including leakproof emulsions, aluminium paints, stone and tiles paints, roof paints, and stainers under the Indigo brand. The company was incorporated in 2000 and is headquartered in Pune, India.

Fundamental data was last updated by Penke on 2025-06-21 21:58:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is overpriced.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Indigo Paints Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Indigo Paints Limited to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 10.6% means that ₹0.11 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Indigo Paints Limited:

  • The MRQ is 10.6%. The company is making a huge profit. +2
  • The TTM is 10.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.6%TTM10.6%0.0%
TTM10.6%YOY11.3%-0.8%
TTM10.6%5Y10.7%-0.1%
5Y10.7%10Y7.1%+3.6%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ10.6%3.7%+6.9%
TTM10.6%3.4%+7.2%
YOY11.3%3.8%+7.5%
3Y11.4%4.0%+7.4%
5Y10.7%5.4%+5.3%
10Y7.1%5.8%+1.3%
4.3.1.2. Return on Assets

Shows how efficient Indigo Paints Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Indigo Paints Limited to the Specialty Chemicals industry mean.
  • 10.1% Return on Assets means that Indigo Paints Limited generated ₹0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Indigo Paints Limited:

  • The MRQ is 10.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.1%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.1%TTM10.1%0.0%
TTM10.1%YOY11.6%-1.5%
TTM10.1%5Y10.4%-0.3%
5Y10.4%10Y7.6%+2.8%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ10.1%0.9%+9.2%
TTM10.1%0.9%+9.2%
YOY11.6%1.0%+10.6%
3Y11.4%1.0%+10.4%
5Y10.4%1.3%+9.1%
10Y7.6%1.5%+6.1%
4.3.1.3. Return on Equity

Shows how efficient Indigo Paints Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Indigo Paints Limited to the Specialty Chemicals industry mean.
  • 13.8% Return on Equity means Indigo Paints Limited generated ₹0.14 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Indigo Paints Limited:

  • The MRQ is 13.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.8%TTM13.8%0.0%
TTM13.8%YOY16.3%-2.6%
TTM13.8%5Y14.5%-0.8%
5Y14.5%10Y12.4%+2.1%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ13.8%1.7%+12.1%
TTM13.8%1.6%+12.2%
YOY16.3%1.8%+14.5%
3Y15.7%2.1%+13.6%
5Y14.5%2.4%+12.1%
10Y12.4%2.6%+9.8%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of Indigo Paints Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Indigo Paints Limited is operating .

  • Measures how much profit Indigo Paints Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Indigo Paints Limited to the Specialty Chemicals industry mean.
  • An Operating Margin of 14.4% means the company generated ₹0.14  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Indigo Paints Limited:

  • The MRQ is 14.4%. The company is operating less efficient.
  • The TTM is 14.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ14.4%TTM14.4%0.0%
TTM14.4%YOY15.3%-0.9%
TTM14.4%5Y14.2%+0.2%
5Y14.2%10Y9.8%+4.4%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ14.4%8.4%+6.0%
TTM14.4%6.1%+8.3%
YOY15.3%4.2%+11.1%
3Y14.8%3.9%+10.9%
5Y14.2%6.7%+7.5%
10Y9.8%7.0%+2.8%
4.3.2.2. Operating Ratio

Measures how efficient Indigo Paints Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • An Operation Ratio of 0.87 means that the operating costs are ₹0.87 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Indigo Paints Limited:

  • The MRQ is 0.869. The company is less efficient in keeping operating costs low.
  • The TTM is 0.869. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.869TTM0.8690.000
TTM0.869YOY0.856+0.014
TTM0.8695Y0.825+0.044
5Y0.82510Y0.883-0.058
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8691.592-0.723
TTM0.8691.493-0.624
YOY0.8561.098-0.242
3Y0.7931.268-0.475
5Y0.8251.173-0.348
10Y0.8831.094-0.211
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of Indigo Paints Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Indigo Paints Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 2.37 means the company has ₹2.37 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Indigo Paints Limited:

  • The MRQ is 2.372. The company is able to pay all its short-term debts. +1
  • The TTM is 2.372. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.372TTM2.3720.000
TTM2.372YOY2.183+0.189
TTM2.3725Y2.248+0.125
5Y2.24810Y1.765+0.482
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3721.837+0.535
TTM2.3721.851+0.521
YOY2.1831.914+0.269
3Y2.1731.918+0.255
5Y2.2481.971+0.277
10Y1.7651.926-0.161
4.4.3.2. Quick Ratio

Measures if Indigo Paints Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Indigo Paints Limited to the Specialty Chemicals industry mean.
  • A Quick Ratio of 2.54 means the company can pay off ₹2.54 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Indigo Paints Limited:

  • The MRQ is 2.539. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.539. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.539TTM2.5390.000
TTM2.539YOY2.060+0.479
TTM2.5395Y2.272+0.267
5Y2.27210Y1.652+0.619
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5390.759+1.780
TTM2.5390.797+1.742
YOY2.0600.958+1.102
3Y1.9270.981+0.946
5Y2.2721.066+1.206
10Y1.6521.135+0.517
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of Indigo Paints Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Indigo Paints Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Indigo Paints Limited to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.27 means that Indigo Paints Limited assets are financed with 26.9% credit (debt) and the remaining percentage (100% - 26.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Indigo Paints Limited:

  • The MRQ is 0.269. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.269. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.269TTM0.2690.000
TTM0.269YOY0.290-0.021
TTM0.2695Y0.285-0.016
5Y0.28510Y0.407-0.122
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2690.430-0.161
TTM0.2690.428-0.159
YOY0.2900.425-0.135
3Y0.2760.426-0.150
5Y0.2850.416-0.131
10Y0.4070.429-0.022
4.5.4.2. Debt to Equity Ratio

Measures if Indigo Paints Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Indigo Paints Limited to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 36.8% means that company has ₹0.37 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Indigo Paints Limited:

  • The MRQ is 0.368. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.368. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.368TTM0.3680.000
TTM0.368YOY0.408-0.040
TTM0.3685Y0.400-0.032
5Y0.40010Y0.793-0.393
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3680.775-0.407
TTM0.3680.760-0.392
YOY0.4080.765-0.357
3Y0.3810.772-0.391
5Y0.4000.771-0.371
10Y0.7930.824-0.031
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Indigo Paints Limited generates.

  • Above 15 is considered overpriced but always compare Indigo Paints Limited to the Specialty Chemicals industry mean.
  • A PE ratio of 31.68 means the investor is paying ₹31.68 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Indigo Paints Limited:

  • The EOD is 40.367. Based on the earnings, the company is overpriced. -1
  • The MRQ is 31.677. Based on the earnings, the company is overpriced. -1
  • The TTM is 31.677. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD40.367MRQ31.677+8.690
MRQ31.677TTM31.6770.000
TTM31.677YOY40.707-9.030
TTM31.6775Y72.204-40.527
5Y72.20410Y40.114+32.091
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD40.36718.479+21.888
MRQ31.67717.701+13.976
TTM31.67716.544+15.133
YOY40.70718.058+22.649
3Y36.27718.144+18.133
5Y72.20420.038+52.166
10Y40.11424.924+15.190
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Indigo Paints Limited:

  • The EOD is 86.074. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 67.545. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 67.545. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD86.074MRQ67.545+18.529
MRQ67.545TTM67.5450.000
TTM67.545YOY128.573-61.027
TTM67.5455Y41.377+26.168
5Y41.37710Y22.987+18.390
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD86.074-2.499+88.573
MRQ67.545-2.596+70.141
TTM67.5452.031+65.514
YOY128.5733.873+124.700
3Y46.0932.188+43.905
5Y41.3772.888+38.489
10Y22.9873.379+19.608
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Indigo Paints Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 4.36 means the investor is paying ₹4.36 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Indigo Paints Limited:

  • The EOD is 5.553. Based on the equity, the company is overpriced. -1
  • The MRQ is 4.357. Based on the equity, the company is fair priced.
  • The TTM is 4.357. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.553MRQ4.357+1.195
MRQ4.357TTM4.3570.000
TTM4.357YOY6.647-2.290
TTM4.3575Y9.848-5.490
5Y9.84810Y5.471+4.377
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD5.5531.661+3.892
MRQ4.3571.602+2.755
TTM4.3571.638+2.719
YOY6.6471.831+4.816
3Y5.7341.880+3.854
5Y9.8482.277+7.571
10Y5.4712.795+2.676
4.6.2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets14,101,766
Total Liabilities3,795,972
Total Stockholder Equity10,305,794
 As reported
Total Liabilities 3,795,972
Total Stockholder Equity+ 10,305,794
Total Assets = 14,101,766

Assets

Total Assets14,101,766
Total Current Assets6,849,901
Long-term Assets7,251,865
Total Current Assets
Cash And Cash Equivalents 371,186
Short-term Investments 2,261,039
Net Receivables 2,438,609
Inventory 1,535,781
Other Current Assets 243,286
Total Current Assets  (as reported)6,849,901
Total Current Assets  (calculated)6,849,901
+/-0
Long-term Assets
Property Plant Equipment 6,447,714
Goodwill 398,752
Intangible Assets 188,680
Long-term Assets Other 191,050
Long-term Assets  (as reported)7,251,865
Long-term Assets  (calculated)7,226,196
+/- 25,669

Liabilities & Shareholders' Equity

Total Current Liabilities2,887,689
Long-term Liabilities908,283
Total Stockholder Equity10,305,794
Total Current Liabilities
Short-term Debt 132,908
Short Long Term Debt 55,233
Accounts payable 1,767,102
Other Current Liabilities 987,679
Total Current Liabilities  (as reported)2,887,689
Total Current Liabilities  (calculated)2,942,922
+/- 55,233
Long-term Liabilities
Long term Debt 8,834
Capital Lease Obligations 258,637
Long-term Liabilities Other 33,441
Long-term Liabilities  (as reported)908,283
Long-term Liabilities  (calculated)300,912
+/- 607,371
Total Stockholder Equity
Common Stock476,347
Other Stockholders Equity 9,829,447
Total Stockholder Equity (as reported)10,305,794
Total Stockholder Equity (calculated)10,305,794
+/-0
Other
Capital Stock476,347
Cash and Short Term Investments 2,632,225
Common Stock Shares Outstanding 47,635
Liabilities and Stockholders Equity 14,101,766
Net Debt -98,482
Net Invested Capital 10,369,861
Net Working Capital 3,962,212
Property Plant and Equipment Gross 6,447,714
Short Long Term Debt Total 272,704



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2025-03-312024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
2,461,715
2,973,940
3,731,830
4,219,590
8,111,632
9,198,855
10,616,042
12,704,269
14,101,766
14,101,76612,704,26910,616,0429,198,8558,111,6324,219,5903,731,8302,973,9402,461,715
   > Total Current Assets 
1,518,053
1,771,180
2,102,360
2,112,310
5,423,983
5,723,897
5,187,404
6,246,241
6,849,901
6,849,9016,246,2415,187,4045,723,8975,423,9832,112,3102,102,3601,771,1801,518,053
       Cash And Cash Equivalents 
77,111
46,230
118,420
56,840
447,989
152,158
471,793
329,156
371,186
371,186329,156471,793152,158447,98956,840118,42046,23077,111
       Short-term Investments 
155,000
184,540
198,850
208,370
2,651,690
1,730,954
1,334,787
1,667,276
2,261,039
2,261,0391,667,2761,334,7871,730,9542,651,690208,370198,850184,540155,000
       Net Receivables 
784,700
973,190
1,043,800
1,050,290
1,211,916
2,561,481
-18,236
2,231,052
2,438,609
2,438,6092,231,052-18,2362,561,4811,211,9161,050,2901,043,800973,190784,700
       Inventory 
475,392
552,060
693,260
767,650
946,747
1,177,193
1,176,575
1,705,938
1,535,781
1,535,7811,705,9381,176,5751,177,193946,747767,650693,260552,060475,392
       Other Current Assets 
25,851
988,350
1,091,830
19,990
3,550,091
2,663,592
2,222,485
300,248
243,286
243,286300,2482,222,4852,663,5923,550,09119,9901,091,830988,35025,851
   > Long-term Assets 
943,661
1,202,760
1,629,470
2,107,280
2,687,649
3,474,958
5,428,638
6,458,028
7,251,865
7,251,8656,458,0285,428,6383,474,9582,687,6492,107,2801,629,4701,202,760943,661
       Property Plant Equipment 
522,020
736,060
1,219,700
1,709,140
2,214,367
2,733,740
4,847,498
5,662,635
6,447,714
6,447,7145,662,6354,847,4982,733,7402,214,3671,709,1401,219,700736,060522,020
       Goodwill 
407,359
407,360
305,520
305,520
305,520
305,520
305,520
398,752
398,752
398,752398,752305,520305,520305,520305,520305,520407,360407,359
       Intangible Assets 
5,166
4,850
4,320
3,720
4,610
3,838
3,056
214,294
188,680
188,680214,2943,0563,8384,6103,7204,3204,8505,166
       Other Assets 
9,021
33,640
99,930
65,912
12,240
431,765
272,469
0
0
00272,469431,76512,24065,91299,93033,6409,021
> Total Liabilities 
1,305,118
1,699,330
2,257,200
2,249,060
2,476,735
2,700,271
2,854,767
3,682,906
3,795,972
3,795,9723,682,9062,854,7672,700,2712,476,7352,249,0602,257,2001,699,3301,305,118
   > Total Current Liabilities 
1,218,592
1,544,040
1,881,300
1,852,540
2,284,037
2,442,219
2,640,807
2,861,484
2,887,689
2,887,6892,861,4842,640,8072,442,2192,284,0371,852,5401,881,3001,544,0401,218,592
       Short-term Debt 
280,708
297,990
372,020
287,926
32,841
93,908
49,122
85,491
132,908
132,90885,49149,12293,90832,841287,926372,020297,990280,708
       Short Long Term Debt 
0
269,160
332,150
253,510
328
0
0
15,742
55,233
55,23315,74200328253,510332,150269,1600
       Accounts payable 
846,899
1,085,320
1,362,420
1,385,894
1,855,711
2,014,102
1,991,447
2,289,874
1,767,102
1,767,1022,289,8741,991,4472,014,1021,855,7111,385,8941,362,4201,085,320846,899
       Other Current Liabilities 
90,985
145,690
121,930
152,460
240,725
146,205
396,024
414,802
987,679
987,679414,802396,024146,205240,725152,460121,930145,69090,985
   > Long-term Liabilities 
86,526
155,290
375,900
396,520
192,698
258,052
213,960
821,422
908,283
908,283821,422213,960258,052192,698396,520375,900155,29086,526
       Other Liabilities 
0
17,890
52,690
121,124
137,740
180,642
144,529
0
0
00144,529180,642137,740121,12452,69017,8900
> Total Stockholder Equity
1,156,597
1,274,610
1,474,630
1,970,530
5,634,897
6,498,584
7,761,275
9,021,363
10,305,794
10,305,7949,021,3637,761,2756,498,5845,634,8971,970,5301,474,6301,274,6101,156,597
   Common Stock
468,978
285,930
288,510
290,210
475,690
475,690
475,883
476,210
476,347
476,347476,210475,883475,690475,690290,210288,510285,930468,978
   Retained Earnings 
-247,797
-247,720
22,590
499,720
1,207,137
2,048,953
3,225,415
4,531,788
0
04,531,7883,225,4152,048,9531,207,137499,72022,590-247,720-247,797
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 
935,417
1,053,360
980,490
997,545
3,942,405
3,942,405
3,957,085
4,013,365
9,829,447
9,829,4474,013,3653,957,0853,942,4053,942,405997,545980,4901,053,360935,417



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2025-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue13,406,729
Cost of Revenue-8,958,814
Gross Profit4,447,9154,447,915
 
Operating Income (+$)
Gross Profit4,447,915
Operating Expense-2,698,327
Operating Income1,749,5881,749,588
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense2,698,3270
 
Net Interest Income (+$)
Interest Income0
Interest Expense-35,007
Other Finance Cost-0
Net Interest Income-35,007
 
Pretax Income (+$)
Operating Income1,749,588
Net Interest Income-35,007
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,899,5391,599,637
EBIT - interestExpense = 1,899,539
1,895,481
1,452,596
Interest Expense35,007
Earnings Before Interest and Taxes (EBIT)1,934,5461,934,546
Earnings Before Interest and Taxes (EBITDA)2,519,807
 
After tax Income (+$)
Income Before Tax1,899,539
Tax Provision-477,892
Net Income From Continuing Ops1,421,6471,421,647
Net Income1,417,589
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses11,657,141
Total Other Income/Expenses Net149,95135,007
 

Technical Analysis of Indigo Paints Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Indigo Paints Limited. The general trend of Indigo Paints Limited is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Indigo Paints Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Indigo Paints Limited Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Indigo Paints Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,291 < 1,309 < 1,314.

The bearish price targets are: 1,153 > 1,042 > 991.00.

Know someone who trades $INDIGOPNTS? Share this with them.👇

Indigo Paints Limited Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Indigo Paints Limited. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Indigo Paints Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Indigo Paints Limited. The current macd is 35.80.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Indigo Paints Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Indigo Paints Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Indigo Paints Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Indigo Paints Limited Daily Moving Average Convergence/Divergence (MACD) ChartIndigo Paints Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Indigo Paints Limited. The current adx is 32.90.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Indigo Paints Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Indigo Paints Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Indigo Paints Limited. The current sar is 1,104.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Indigo Paints Limited Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Indigo Paints Limited. The current rsi is 72.45. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
Indigo Paints Limited Daily Relative Strength Index (RSI) ChartIndigo Paints Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Indigo Paints Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Indigo Paints Limited price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Indigo Paints Limited Daily Stochastic Oscillator ChartIndigo Paints Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Indigo Paints Limited. The current cci is 124.71.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Indigo Paints Limited Daily Commodity Channel Index (CCI) ChartIndigo Paints Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Indigo Paints Limited. The current cmo is 54.12.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Indigo Paints Limited Daily Chande Momentum Oscillator (CMO) ChartIndigo Paints Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Indigo Paints Limited. The current willr is -3.96634615.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Indigo Paints Limited Daily Williams %R ChartIndigo Paints Limited Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Indigo Paints Limited.

Indigo Paints Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Indigo Paints Limited. The current atr is 33.95.

Indigo Paints Limited Daily Average True Range (ATR) ChartIndigo Paints Limited Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Indigo Paints Limited. The current obv is -17,162,785.

Indigo Paints Limited Daily On-Balance Volume (OBV) ChartIndigo Paints Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Indigo Paints Limited. The current mfi is 81.20.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
Indigo Paints Limited Daily Money Flow Index (MFI) ChartIndigo Paints Limited Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Indigo Paints Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-02-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-02-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-21MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-24STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-04-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-04-09CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-04-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-12STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-27BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-10BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-11STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-06-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-06-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-06-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Indigo Paints Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Indigo Paints Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.445
Ma 20Greater thanMa 501,132.940
Ma 50Greater thanMa 1001,064.198
Ma 100Greater thanMa 2001,052.069
OpenGreater thanClose1,190.000
Total3/5 (60.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Indigo Paints Limited with someone you think should read this too:
  • Are you bullish or bearish on Indigo Paints Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Indigo Paints Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Indigo Paints Limited

I send you an email if I find something interesting about Indigo Paints Limited.


Comments

How you think about this?

Leave a comment

Stay informed about Indigo Paints Limited.

Receive notifications about Indigo Paints Limited in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.