Indigo Paints

Market Cap: Small Cap
Industry: Paints
ISIN: INE09VQ01012
NSEID: INDIGOPNTS
BSEID: 543258

INR

1,219.10

-24.3 (-1.95%)

BSENSE

Dec 16

BSE+NSE Vol: 24.61 k

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    "sid": 1003456,
    "name": "Indigo Paints",
    "stock_name": "Indigo Paints",
    "full_name": "Indigo Paints Ltd",
    "name_url": "stocks-analysis/indigo-paints",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "1,219.10",
    "chg": -24.3,
    "chgp": "-1.95%",
    "dir": -1,
    "prev_price": "1,243.40",
    "mcapval": "5,865.00 Cr",
    "mcap": "Small Cap",
    "scripcode": 543258,
    "symbol": "INDIGOPNTS",
    "ind_name": "Paints",
    "ind_code": 46,
    "indexname": "",
    "isin": "INE09VQ01012",
    "curr_date": "Dec 16",
    "curr_time": "",
    "bse_nse_vol": "24.61 k",
    "exc_status": "Active",
    "traded_date": "Dec 16, 2025",
    "traded_date_str": "2025 12 16",
    "score": "",
    "scoreText": "",
    "Live": 0,
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  "news": {
    "results": [
      {
        "title": "Why is Indigo Paints falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-indigo-paints-fallingrising-3752497",
        "imagepath": "",
        "date": "2025-12-09 01:16:15",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Price Movement and Market Context</strong></p>\n<p>Indigo Paints has experienced a notable correction over the past week, with its stock price declining by 5.64%, significantly underperforming the Sensex benchmark which fell by only 0.63% in the same period. This recent weakness is part of a broader trend, as the stock has been on a two-day losing streak, shedding 6.66% in returns during this short span. Intraday trading on 08-Dec saw the stock touch a low of ₹1,199.65, down 2.83% from previous levels, with heavier volumes transacted near this lower price point, indicating selling pressure.</p>\n<p>Despite this short-term weakness, the stock’s one-month performance remains robust, having surged by 20.73%, comfortably outpacing the Sensex’s 2.27% gain. However, over longer horizons, Indi..."
      },
      {
        "title": "Indigo Paints Sees Revision in Market Evaluation Amid Mixed Financial Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indigo-paints-upgraded-from-sell-to-hold-by-marketsmojo-on-11-nov-2025-3744091",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/IndigoPaints_mojoScore_3744091.png",
        "date": "2025-12-03 11:08:04",
        "description": "Indigo Paints has experienced a revision in its market evaluation, reflecting changes in its fundamental and technical outlook. This adjustment comes amid a backdrop of mixed financial performance and valuation metrics within the paints sector, where the company operates as a small-cap entity."
      },
      {
        "title": "Indigo Paints Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indigo-paints-technical-momentum-shifts-to-mildly-bullish-amid-mixed-indicators-3717140",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/IndigoPaints_technicaldot_3717140.png",
        "date": "2025-11-20 08:08:52",
        "description": "Indigo Paints has experienced a notable shift in its technical momentum, moving from a mildly bearish stance to a mildly bullish trend. This change is reflected across various technical indicators, including MACD, RSI, moving averages, and Bollinger Bands, signalling a complex market assessment for the paint sector stock as it navigates recent price fluctuations and broader market dynamics."
      },
      {
        "title": "Indigo Paints Forms Golden Cross, Signalling Potential Bullish Breakout",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indigo-paints-forms-golden-cross-signalling-potential-bullish-breakout-3715811",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/IndigoPaints_goldencross_3715811.png",
        "date": "2025-11-19 18:01:21",
        "description": "Indigo Paints has recently experienced a significant technical event known as the Golden Cross, where its 50-day moving average has crossed above the 200-day moving average. This development is widely regarded as a bullish signal, indicating a possible shift in long-term momentum and a potential trend reversal for the stock within the paints sector."
      },
      {
        "title": "Why is Indigo Paints falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-indigo-paints-fallingrising-3702708",
        "imagepath": "",
        "date": "2025-11-14 23:30:40",
        "description": "As of 14-Nov, Indigo Paints Ltd is currently priced at 1,298.75, reflecting an increase of 4.9 (0.38%). The stock has been on a positive trajectory, gaining for the last six days and achieving a remarkable 31.19% return during this period. However, it opened today with a significant loss of 6.21%, reaching an intraday low of Rs 1,213.45. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend. The company has a low debt-to-equity ratio and a return on equity of 13.5, suggesting an attractive valuation. Additionally, high institutional holdings at 31.48% may provide a buffer against volatility, as these investors typically have more resources to analyze the company's fundamentals.\n\nIn the broader market context, Indigo Paints has outperformed the Sensex over the past week, with a return of 29.27% compared to the benchmark's..."
      },
      {
        "title": "How has been the historical performance of Indigo Paints?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-indigo-paints-3694879",
        "imagepath": "",
        "date": "2025-11-12 23:58:52",
        "description": "Answer:\nThe historical performance of Indigo Paints shows a steady growth in net sales and operating income over the past three years, with net sales increasing from 1,073.33 Cr in Mar'23 to 1,340.67 Cr in Mar'25. The total operating income followed a similar trend, rising from 1,073.33 Cr in Mar'23 to 1,340.67 Cr in Mar'25. However, the total expenditure also increased, from 891.80 Cr in Mar'23 to 1,107.18 Cr in Mar'25, leading to a slight decline in operating profit from 252.29 Cr in Mar'24 to 251.99 Cr in Mar'25. Profit before tax decreased from 198.58 Cr in Mar'24 to 189.95 Cr in Mar'25, and profit after tax also saw a decline from 148.83 Cr in Mar'24 to 142.16 Cr in Mar'25. The earnings per share (EPS) decreased from 30.94 in Mar'24 to 29.76 in Mar'25, reflecting the overall decline in profitability. On the balance sheet, total assets grew from 1,061.60 Cr in Mar'23 to 1,410.18 Cr in Mar'25, while tota..."
      },
      {
        "title": "Why is Indigo Paints falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-indigo-paints-fallingrising-3694109",
        "imagepath": "",
        "date": "2025-11-12 23:20:39",
        "description": "As of 12-Nov, Indigo Paints Ltd is experiencing a price increase, currently at Rs 1,236.50, which reflects a rise of Rs 29.7 or 2.46%. The stock has shown strong performance over the past four days, gaining 24.91% during this period. Despite today's performance underperforming the sector by 1.1%, the stock reached an intraday high of Rs 1,239.5. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has a low debt-to-equity ratio and an attractive valuation with a return on equity of 13.5%, which supports its recent upward movement. Additionally, high institutional holdings at 31.48% suggest confidence from knowledgeable investors, further bolstering the stock's performance.\n\nIn the broader market context, Indigo Paints has significantly outperformed the benchmark Sensex over the past week, with a return of +24.05% compared to the S..."
      },
      {
        "title": "Indigo Paints Faces Financial Challenges Amidst Declining Performance Metrics",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indigo-paints-stock-rating-upgraded-to-hold-amid-flat-financial-performance-3691728",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/IndigoPaints_mojoScore_3691728.png",
        "date": "2025-11-12 08:42:47",
        "description": "Indigo Paints has recently adjusted its evaluation, reflecting changes in financial metrics and market position. The company's performance for the quarter ending September 2025 has been flat, with a decline in profit before tax and net sales compared to historical averages, leading to a downgrade in quality metrics."
      },
      {
        "title": "Is Indigo Paints technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-indigo-paints-technically-bullish-or-bearish-3688164",
        "imagepath": "",
        "date": "2025-11-11 08:19:28",
        "description": "As of 10 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD on the weekly timeframe remains bearish, while the monthly MACD is mildly bearish. The moving averages on the daily chart also indicate a mildly bearish trend. Although the Bollinger Bands show a bullish signal on the weekly timeframe, the monthly perspective is mildly bearish. Dow Theory reflects a mildly bullish stance on the weekly chart but is mildly bearish on the monthly. Overall, the mixed signals suggest a cautious outlook for Indigo Paints...."
      }
    ],
    "total": 155,
    "sid": "1003456",
    "stock_news_url": "https://www.marketsmojo.com/news/indigo-paints-1003456"
  },
  "announcements": "",
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Indigo Paints Ltd has declared <strong>35%</strong> dividend, ex-date: 22 Aug 25",
          "dt": "2025-08-22",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Indigo Paints falling/rising?

2025-12-09 01:16:15

Recent Price Movement and Market Context

Indigo Paints has experienced a notable correction over the past week, with its stock price declining by 5.64%, significantly underperforming the Sensex benchmark which fell by only 0.63% in the same period. This recent weakness is part of a broader trend, as the stock has been on a two-day losing streak, shedding 6.66% in returns during this short span. Intraday trading on 08-Dec saw the stock touch a low of ₹1,199.65, down 2.83% from previous levels, with heavier volumes transacted near this lower price point, indicating selling pressure.

Despite this short-term weakness, the stock’s one-month performance remains robust, having surged by 20.73%, comfortably outpacing the Sensex’s 2.27% gain. However, over longer horizons, Indi...

Indigo Paints Sees Revision in Market Evaluation Amid Mixed Financial Signals

2025-12-03 11:08:04

Indigo Paints has experienced a revision in its market evaluation, reflecting changes in its fundamental and technical outlook. This adjustment comes amid a backdrop of mixed financial performance and valuation metrics within the paints sector, where the company operates as a small-cap entity.

Indigo Paints Technical Momentum Shifts Amid Mixed Market Signals

2025-11-20 08:08:52

Indigo Paints has experienced a notable shift in its technical momentum, moving from a mildly bearish stance to a mildly bullish trend. This change is reflected across various technical indicators, including MACD, RSI, moving averages, and Bollinger Bands, signalling a complex market assessment for the paint sector stock as it navigates recent price fluctuations and broader market dynamics.

Indigo Paints Forms Golden Cross, Signalling Potential Bullish Breakout

2025-11-19 18:01:21

Indigo Paints has recently experienced a significant technical event known as the Golden Cross, where its 50-day moving average has crossed above the 200-day moving average. This development is widely regarded as a bullish signal, indicating a possible shift in long-term momentum and a potential trend reversal for the stock within the paints sector.

Why is Indigo Paints falling/rising?

2025-11-14 23:30:40

As of 14-Nov, Indigo Paints Ltd is currently priced at 1,298.75, reflecting an increase of 4.9 (0.38%). The stock has been on a positive trajectory, gaining for the last six days and achieving a remarkable 31.19% return during this period. However, it opened today with a significant loss of 6.21%, reaching an intraday low of Rs 1,213.45. Despite this, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend. The company has a low debt-to-equity ratio and a return on equity of 13.5, suggesting an attractive valuation. Additionally, high institutional holdings at 31.48% may provide a buffer against volatility, as these investors typically have more resources to analyze the company's fundamentals. In the broader market context, Indigo Paints has outperformed the Sensex over the past week, with a return of 29.27% compared to the benchmark's...

How has been the historical performance of Indigo Paints?

2025-11-12 23:58:52

Answer: The historical performance of Indigo Paints shows a steady growth in net sales and operating income over the past three years, with net sales increasing from 1,073.33 Cr in Mar'23 to 1,340.67 Cr in Mar'25. The total operating income followed a similar trend, rising from 1,073.33 Cr in Mar'23 to 1,340.67 Cr in Mar'25. However, the total expenditure also increased, from 891.80 Cr in Mar'23 to 1,107.18 Cr in Mar'25, leading to a slight decline in operating profit from 252.29 Cr in Mar'24 to 251.99 Cr in Mar'25. Profit before tax decreased from 198.58 Cr in Mar'24 to 189.95 Cr in Mar'25, and profit after tax also saw a decline from 148.83 Cr in Mar'24 to 142.16 Cr in Mar'25. The earnings per share (EPS) decreased from 30.94 in Mar'24 to 29.76 in Mar'25, reflecting the overall decline in profitability. On the balance sheet, total assets grew from 1,061.60 Cr in Mar'23 to 1,410.18 Cr in Mar'25, while tota...

Why is Indigo Paints falling/rising?

2025-11-12 23:20:39

As of 12-Nov, Indigo Paints Ltd is experiencing a price increase, currently at Rs 1,236.50, which reflects a rise of Rs 29.7 or 2.46%. The stock has shown strong performance over the past four days, gaining 24.91% during this period. Despite today's performance underperforming the sector by 1.1%, the stock reached an intraday high of Rs 1,239.5. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has a low debt-to-equity ratio and an attractive valuation with a return on equity of 13.5%, which supports its recent upward movement. Additionally, high institutional holdings at 31.48% suggest confidence from knowledgeable investors, further bolstering the stock's performance. In the broader market context, Indigo Paints has significantly outperformed the benchmark Sensex over the past week, with a return of +24.05% compared to the S...

Indigo Paints Faces Financial Challenges Amidst Declining Performance Metrics

2025-11-12 08:42:47

Indigo Paints has recently adjusted its evaluation, reflecting changes in financial metrics and market position. The company's performance for the quarter ending September 2025 has been flat, with a decline in profit before tax and net sales compared to historical averages, leading to a downgrade in quality metrics.

Is Indigo Paints technically bullish or bearish?

2025-11-11 08:19:28

As of 10 November 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by a combination of indicators. The MACD on the weekly timeframe remains bearish, while the monthly MACD is mildly bearish. The moving averages on the daily chart also indicate a mildly bearish trend. Although the Bollinger Bands show a bullish signal on the weekly timeframe, the monthly perspective is mildly bearish. Dow Theory reflects a mildly bullish stance on the weekly chart but is mildly bearish on the monthly. Overall, the mixed signals suggest a cautious outlook for Indigo Paints....

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