Indigo Paints Faces Significant Stock Decline Amid Broader Market Gains

Indigo Paints has experienced a significant decline today, with the stock dropping by 7.26% as of August 11, 2025. This performance marks a notable underperformance against its sector, trailing by 6.85%. Over the past two days, the stock has seen a cumulative loss of 11.95%, indicating a concerning trend for investors.
The stock reached an intraday low of Rs 1,067.05, reflecting a decrease of 7.6% at its lowest point. Currently, Indigo Paints is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish momentum in the short to medium term.

In the broader market context, the Sensex opened flat but is currently showing a slight gain of 0.09%. Despite this positive movement, Indigo Paints' performance over various time frames remains troubling, with a year-to-date decline of 23.19% and a staggering 29.04% drop over the past three years. In contrast, the Sensex has gained 2.39% year-to-date and 34.85% over the same three-year period, highlighting the challenges faced by Indigo Paints in the current market environment.