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 INDIGOPNTS is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.
Financial Ratios:
currentRatio
2.372000
forwardPE
31.703318
debtToEquity
2.646000
earningsGrowth
0.059000
revenueGrowth
0.007000
grossMargins
0.460220
operatingMargins
0.191420
trailingEps
29.640000
forwardEps
0.000000
Indigo Paints Limited's current ratio of 2.372, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Indigo Paints Limited has enough cash and current assets to handle its immediate liabilities comfortably. INDIGOPNTS's negative gross and operating margins point to financial difficulties, as the company is unable to generate profit from its core operations or production. This could signal broader problems in cost management or declining sales.
Price projections:
Price projections for INDIGOPNTS The price of INDIGOPNTS has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.
Insider Transactions:
Insider Transactions for INDIGOPNTS
INDIGOPNTS saw 1 buying transactions, each while market price hovered at 1074.25.There were no buy transactions during the given period.INDIGOPNTS has seen more sells than buys at current price levels, which could point to a potential price drop. If this selling trend persists, it may indicate that investors are expecting further declines in the stock's value.
Recommendation changes over time:
Recommendations trend for INDIGOPNTS
INDIGOPNTS has been receiving a buy bias from analysts, indicating confidence in its investment potential. This could drive more investors to view INDIGOPNTS as a reliable choice for their money, offering a promising avenue for future growth and financial gains.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
The article discusses the implications of the Eurozone CPI at 2.1% regarding...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.