|
04 Sep 2025 |
Indigo Paints
|
Consensus Share Price Target
|
1142.90 |
1224.22 |
- |
7.12 |
hold
|
|
|
|
|
06 Aug 2022
|
Indigo Paints
|
Motilal Oswal
|
1142.90
|
1800.00
|
1528.45
(-25.22%)
|
|
Buy
|
|
|
|
|
11 Jul 2022
|
Indigo Paints
|
ICICI Securities Limited
|
1142.90
|
1500.00
|
1434.60
(-20.33%)
|
Target met |
Hold
|
|
|
While Indigo’s most segments reported strong volume growth in FY22, its volumes/store declined slightly in FY22 owing to multiple reasons such as (1) aggressive rollout of new stores, (2) slowdown in Kerala impacted by covid and state elections. Kerala’s 18% population was impacted by covid (India: 3%) and it resulted in higher restrictions; state elections in Apr-May’21 also disrupted labour (painter) market
|
|
23 May 2022
|
Indigo Paints
|
Motilal Oswal
|
1142.90
|
2010.00
|
1650.40
(-30.75%)
|
|
Buy
|
|
|
|
|
14 Feb 2022
|
Indigo Paints
|
Motilal Oswal
|
1142.90
|
2270.00
|
1893.45
(-39.64%)
|
|
Buy
|
|
|
Indigo Paints (INDIGOPN) delivered strong double-digit sales growth in 3QFY22, driven by sharp price hikes taken to offset the high RM inflation. Even as sales and gross margins were in line with our expectations, EBITDA margins were better than expected. This was despite the high A&P spends in the quarter on account of the IPL. The management is upbeat about the 4Q outlook as traditionally the company has seen the highest salience during this quarter, with higher sales for differentiated products. The recent price hikes would further aid...
|
|
30 Dec 2021
|
Indigo Paints
|
Motilal Oswal
|
1142.90
|
|
2130.75
(-46.36%)
|
|
|
|
|
|
|
20 Jan 2021
|
Indigo Paints
|
Ashika Research
|
1142.90
|
|
|
|
IPO Note
|
|
|
10 each, (Comprising of fresh issue of 2,013,423 Equity Shares* (Rs. 300 cr.) and Offer for Sale of 5,840,000 Total Equity Shares* (Rs. 870 cr.) by Selling Shareholder)...
|
|
20 Jan 2021
|
Indigo Paints
|
Way2Wealth
|
1142.90
|
|
|
|
IPO Note
|
|
|
Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739. Registered Office:Rukmini Towers, 3rd& 4thFloor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020, Website: www.way2wealth.com Email: research@way2wealth.com...
|
|
19 Jan 2021
|
Indigo Paints
|
HDFC Securities
|
1142.90
|
|
|
|
IPO Note
|
|
|
Indigo Paints - IPO Note Indigo Paints Ltd (IPL) the fifth largest company in the Indian decorative paint industry in terms of revenue from operations for Fiscal 2020 and the fastest growing amongst the top five paint companies in India.
|
|
19 Jan 2021
|
Indigo Paints
|
Angel Broking
|
1142.90
|
|
|
|
IPO Subscribe
|
|
|
Indigo Paints is the fastest growing amongst the top five paint companies in India. Company manufacture a complete range of decorative paints including emulsions, enamels, wood coatings, distempers, primers, putties and cement paints.
|
|
19 Jan 2021
|
Indigo Paints
|
Ventura
|
1142.90
|
|
|
|
IPO Note
|
|
|
|