Indigo Paints Share Price Today on 13-11-2024: Indigo Paints share price are up by 0.12%, Nifty down by -1.36%

Indigo Paints Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Indigo Paints shares are trading at price ₹1500.6, 0.12% up from the previous closing price. Sensex is trading at ₹77690.95, down by -1.25%. The stock has hit a high of ₹1513.25 and a low of ₹1477.55 during the day.

On the technical front, the stock is trading above the 100,300 days SMA & lower than the 5,10,20,50 day SMA. The stock will have support at 100,300 days SMA & face resistance at 5,10,20,50 days SMA

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹1511.23, ₹1522.12, & ₹1534.23, whereas it has key support levels at ₹1488.23, ₹1476.12, & ₹1465.23.

Indigo Paints Share Price Today

Overall, as per Mint technical analysis, Following a strong uptrend, the stock is indicating signs of a reversal..

From a fundamental analysis perspective, the company has a ROE of 17.56% & ROA of 12.76% respectively.The current P/E of the stock is at 51.18 & P/B is at 7.61.

The median 1-year forecasted upside in this share is at 5.82% with a target price of ₹1588.00.

The company has a 0.00% promoter holding, 0.39% MF holding, & 12.31% FII holding as per filings in the september quarter.

The FII holding has increased from 8.28% in june to 12.31% in the september quarter.

Indigo Paints share price has gained 0.12% today, currently at ₹1500.6, while its peers such as are in the red. Overall, benchmark indices Nifty & Sensex are down -1.36% & -1.25% each respectively.