IN

Indigo Paints LtdNSE INDIGOPNTS Stock Report

Last reporting period 31 Mar, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

1.765

Small

Exchange

XNSE - National Stock Exchange Of India

INDIGOPNTS.NS Stock Analysis

IN

Neutral

Based on Eyestock quantitative analysis, INDIGOPNTS.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

88/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

29.0 %

Undervalued

Market cap $B

1.765

Dividend yield

0.23 %

Shares outstanding

47.621 B

Indigo Paints Ltd. engages in the manufacture and sale of decorative paints. The company is headquartered in Pune, Maharashtra and currently employs 848 full-time employees. The company went IPO on 2021-02-02. The firm is engaged in the manufacture and sale of decorative paints and operates its manufacturing facilities in Jodhpur (Rajasthan), Kochi (Kerala) and Pudukkottai (Tamil Nadu). Its product offerings include emulsions, enamels, water proofing solutions, wood coatings, primers and putties, and other products. The company manufactures category-creator products, including metallic coat emulsions, tile coat emulsions, bright ceiling coat emulsion and floor coat emulsions in India. The company offers various other types of emulsion paints, such as the dirtproof and waterproof exterior laminate, exterior and interior acrylic laminate, and enamels, such as polyurethane (PU) super gloss enamel. The company offers wood paint and offers a range of options for painting wooden surfaces. The company also offers aluminum paints to paint surfaces of storage tanks, metal pipes, and metal roofs. The firm's products are sold under only one brand name, Indigo.

View Section: Eyestock Rating