Indigo Paints Ltd
About
Incorporated in 2000, Indigo Paints Ltd manufactures and sells decorative paints
Key Points
Leading Paint Company
The company is a leading paint company in India that produces a wide range of decorative paints. It is the first company to introduce category-creator products like Metallic Emulsions, Tile Coat Emulsions, etc in the decorative paint market in India. The company has ~80%-90% market share in some of its differentiated products.
Product Portfolio
The product portfolio comprises of Emulsions, Enamels, Wood Coatings, Primers, Distempers, Cement, Paints, Putties etc.
📈 Indigo Paints – Is a Breakout Brewing? 🎨
CMP: ₹1,199 | View: Positional Bullish | Chart TF: Weekly & Monthly
🔹 Technical Breakout:
Price has successfully broken out of a long-term falling trendline on both weekly and monthly charts after forming a strong base near ₹1,000.
MACD crossover, rising RSI, and Parabolic SAR flip all support this uptrend.
Volume spike seen recently confirming accumulation.
🔹 Bullish Indicators:
RSI (W1 & M1) back above 50 – momentum shifting.
MACD crossovers with histogram reversal.
Price reclaiming 50EMA and 100EMA for the first time in months.
Bullish divergence played out.
📰 Fundamental Triggers:
CNBC TV18: Management expects growth to pick up from Q1 FY26, with strong sales outlook.
MoneyControl: Sharekhan gave a Buy call with a target of ₹1234.
NDTV Profit: Indigo Paints picked as a top stock to buy this week.
📊 Screener Fundamentals:
Debt-free, consistent ROE ~18%
Strong operating margins
Expanding dealer network and brand recall improving
📝 Note: Please do your own due diligence. This is not a recommendation, just a view based on charts and fundamentals.
🧠 Disclaimer: For educational and research purposes only. No buy/sell advice.
📝 Chart Purpose & Disclaimer:
This chart is shared purely for educational and personal tracking purposes. I use this space to record my views and improve decision-making over time.
Investment Style:
All stocks posted are for long-term investment or minimum positional trades only. No intraday or speculative trades are intended.
⚠️ Disclaimer:
I am not a SEBI registered advisor. These are not buy/sell recommendations. Please consult a qualified financial advisor before taking any investment decision. I do not take responsibility for any profit or loss incurred based on this content.
About
Incorporated in 2000, Indigo Paints Ltd manufactures and sells decorative paints
Key Points
Leading Paint Company
The company is a leading paint company in India that produces a wide range of decorative paints. It is the first company to introduce category-creator products like Metallic Emulsions, Tile Coat Emulsions, etc in the decorative paint market in India. The company has ~80%-90% market share in some of its differentiated products.
Product Portfolio
The product portfolio comprises of Emulsions, Enamels, Wood Coatings, Primers, Distempers, Cement, Paints, Putties etc.
📈 Indigo Paints – Is a Breakout Brewing? 🎨
CMP: ₹1,199 | View: Positional Bullish | Chart TF: Weekly & Monthly
🔹 Technical Breakout:
Price has successfully broken out of a long-term falling trendline on both weekly and monthly charts after forming a strong base near ₹1,000.
MACD crossover, rising RSI, and Parabolic SAR flip all support this uptrend.
Volume spike seen recently confirming accumulation.
🔹 Bullish Indicators:
RSI (W1 & M1) back above 50 – momentum shifting.
MACD crossovers with histogram reversal.
Price reclaiming 50EMA and 100EMA for the first time in months.
Bullish divergence played out.
📰 Fundamental Triggers:
CNBC TV18: Management expects growth to pick up from Q1 FY26, with strong sales outlook.
MoneyControl: Sharekhan gave a Buy call with a target of ₹1234.
NDTV Profit: Indigo Paints picked as a top stock to buy this week.
📊 Screener Fundamentals:
Debt-free, consistent ROE ~18%
Strong operating margins
Expanding dealer network and brand recall improving
📝 Note: Please do your own due diligence. This is not a recommendation, just a view based on charts and fundamentals.
🧠 Disclaimer: For educational and research purposes only. No buy/sell advice.
📝 Chart Purpose & Disclaimer:
This chart is shared purely for educational and personal tracking purposes. I use this space to record my views and improve decision-making over time.
Investment Style:
All stocks posted are for long-term investment or minimum positional trades only. No intraday or speculative trades are intended.
⚠️ Disclaimer:
I am not a SEBI registered advisor. These are not buy/sell recommendations. Please consult a qualified financial advisor before taking any investment decision. I do not take responsibility for any profit or loss incurred based on this content.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.