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SHALPAINTSShalimar Paints Limited

Chemicals · Specialty Chemicals · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

58.78
19.98%
47Average

Price & Volume

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Key Ratios

Market Cap (₹ cr)410.10
P/E
P/B1.64
PEG
ROE %-22.94
ROCE %-10.10
Debt / Equity0.66
EPS-7.76
Revenue Growth %-12.30
Profit Growth %20.00
Dividend Yield %0.00
Promoter Holding %75.14
FII Holding %0.00
DII Holding %
Beta0.28

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

Breakout with VolumeLONG88%58.7849.4077.542.00
Supertrend BuyLONG80%58.7847.6181.122.00
Bollinger SqueezeLONG77%58.7851.9972.372.00
AVOIDConviction 55%

Why avoid

  • Risk gate: safety score is only 18/100 — volatility, drawdown or liquidity is too poor for a buy call, whatever the chart says
  • Revenue growth: -12.3% YoY
  • ROE: -22.9%
  • Price vs SMA200: below
  • Golden cross setup: SMA50 below SMA200

⚖️ 3 bullish pattern setups are currently active on this stock. Pattern setup-quality percentages measure how cleanly a chart formation developed — they are not an endorsement of the company. Short-term traders may still trade those setups with strict stops; the AVOID verdict reflects the overall risk/fundamental profile for holding.

Bull case

  • Profit growth: 20.0% YoY
  • Debt/Equity: 0.66
  • Promoter holding: 75.1%
  • RSI: 67

Bear case

  • Revenue growth: -12.3% YoY
  • ROE: -22.9%
  • Price vs SMA200: below
  • Golden cross setup: SMA50 below SMA200

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Weak fundamentals — technical strength may not sustain
  • Revenue growth: -12.3% YoY
  • ROE: -22.9%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹58.78
Stop Loss
₹51.94
risk 11.6%
Target 1 (1.5R)
₹69.04
+17.5%
Target 2 (3R)
₹79.31
+34.9%
Support (20d)
₹48.00
Resistance (52w)
₹99.05
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹6.84/share
ATR (volatility)
₹2.74
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹2.74). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
38
Technical
68
Momentum
50
Risk (safety)
18

Peers — Chemicals

TINNARUBR 20.00%
82
INDOBORAX 3.30%
82
PREMIERPOL 0.33%
81
BEPL 12.97%
81
HSCL 3.82%
80
APCOTEXIND 4.35%
79

About

Shalimar Paints Limited engages in the manufacture and sale of paints and coatings in India and internationally. It provides decorative paints for interior and exterior surfaces, concrete, plasters, metals; fibre reinforced elastomeric coating; undercoat and topcoat for metal and wood; and marine coatings. The company also offers emulsions, enamels, distemper, primer, epoxy, aluminum, and zinc rich coatings, as well as putty, cement-based, finishes, floors, and waterproofing paint products and solutions. It offers its products under the Shalimar brand name. In addition, the company provides a tinting system under the Color Space brand name. Shalimar Paints Limited was incorporated in 1902 and is based in Thane, India.