Indigo Paints Limited engages in the manufacture and sale of decorative paints in India and internationally. It offers interior and exterior emulsions, enamels, putties and primers, and sleek wood coatings, as well as other products, including leakproof emulsions, aluminium paints, stone and tiles paints, roof paints, and stainers under the Indigo brand. The company was incorporated in 2000 and is headquartered in Pune, India.
Revenue projections:
Revenue projections for INDIGOPNTS Indigo Paints Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
currentRatio
2.181000
forwardPE
28.759918
debtToEquity
2.232000
earningsGrowth
0.110000
revenueGrowth
0.042000
grossMargins
0.456300
operatingMargins
0.100880
trailingEps
30.170000
forwardEps
36.422220
INDIGOPNTS's current ratio 2.181, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, INDIGOPNTS can comfortably meet its immediate liabilities, reflecting a healthy financial standing. Indigo Paints Limited's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation. INDIGOPNTS's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
Price projections for INDIGOPNTS Throughout its recent performance, Indigo Paints Limited's price has been consistently close to the lower range of projected values. This suggests that the company may face challenges in achieving higher valuations in the eyes of investors.
Insider Transactions:
Insider Transactions for INDIGOPNTS
1 separate purchases of Indigo Paints Limited stock were made, while market price was at 1074.25 per share.Throughout the period under consideration, no buy transactions were recorded.INDIGOPNTS's current price levels are experiencing more selling activity, which could signal bearish sentiment. If this trend continues, it may lead to further price declines, as increased selling pressure typically indicates investor concerns about the stock's future performance.
Recommendation changes over time:
Recommendations trend for INDIGOPNTS
Recent analysis shows a strong buy bias for INDIGOPNTS, encouraging investors to view it as a solid investment option. The positive sentiment surrounding INDIGOPNTS suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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