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INDIGOPNTS· Materials› Paints

Indigo Paints Ltd

Stage 2 · Advancing · week 10Setup 3.4 WatchWeak -4.8

Indigo Paints Limited manufactures and sells decorative paints in India and internationally. More about the company

₹1,060.2
-0.21% today
₹5,061 Cr · Mid cap
Market Neutral — FadingMaterials 35.2% in Stage 2-0.7 pts / 20dPaints 20.0%-20.0 pts
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vs 52W High
-20.0%
₹710.8 lo₹1,326 hi
20.0% below 52W high — deeper pullback
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 10
1w13w26w
Week 10 — early Stage 2, building
How long this stock has been in Stage 2. The sweet spot is mid-run — enough time to prove the structure holds, not so long it's extended. Very fresh (wk 1–4) often needs more time to confirm.
vs 200 DMA
4.1%
200 DMA: ₹1,018.9 · sloping down
Long-term trend anchor. When stock and Nifty are both above their 200 DMA, the macro backdrop supports continuation.
Rel Volume
0.22x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
MA20 rolling over · -3.5% vs MA50 +1.3%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-10.6%
3M
+0.9%
6M
+37.6%
YTD
-9.3%
1Y
-0.9%
Sector
Materials
→ Flat
Stage 2%
35.2%
20d Δ
-0.7pp
1M return
-5.4%
3M return
-0.3%
Sector Stage-2 % · last 20 days
This stock ranks #108 of 159 Stage 2 stocks in Materials by RS.
Industry
Paints
↓ Peaking
Stage 2%
20.0%
20d Δ
-20.0pp
1M return
-5.6%
3M return
-9.7%
Industry Stage-2 % · last 20 days
Ranks #1 of 1 Stage 2 stocks in this industry. Top stock in industry.
Stage Cycle Timeline2023-07-12 → 2026-10-07
S2 14w
S4 16w
S2 17w
S4 20w
S4 14w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 14w → S3 12w → S2 4w → S3 1w → S4 16w → S1 8w → S2 17w → S3 5w → S4 20w → S1 13w → S2 2w → S3 4w → S4 5w → S3 1w → S2 11w → S3 2w → S4 14w → S1 9w → S2 10w current
Total tracked: 169 weeks across 19 stage runs.
Scan Membership
Prop Scan
Latest: 2026-09-25
Pullback Hunter
Latest: 2026-09-25
Breakout Watch
Latest: 2026-07-31
50 appearances in last 60 days. First seen: 2024-01-10.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-10-07S2
Wk 10 · Vol 0.22x
2026-10-06S2
Wk 10 · Vol 0.36x
2026-10-05S2
Wk 9 · Vol 0.50x
2026-10-01S2
Wk 9 · Vol 0.67x
2026-09-30S2
Wk 9 · Vol 0.34x
2026-09-29S2
Wk 9 · Vol 0.57x
2026-09-28S2
Wk 9 · Vol 0.47x
2026-09-25S2
Wk 8 · Vol 0.38x
2026-09-24S2
Wk 8 · Vol 0.36x
2026-09-23S2
Wk 8 · Vol 0.29x
2026-09-22S2
Wk 8 · Vol 0.42x
2026-09-21S2
Wk 8 · Vol 0.49x
Sector Peers — Stage 2All →
VENUSPIPES
wk 19 · -1.9% from hi
9.8
MUKANDLTD
wk 19 · 0.0% from hi
9.3
VALIANTORG
wk 7 · -3.4% from hi
8.8
SUNFLAG
wk 2 · 0.0% from hi
8.7
ARROWGREEN
wk 18 · -2.2% from hi
8.4
Moving averages & range
50 DMA
₹1,120.7
200 DMA
₹1,018.9
52W High
₹1,326
52W Low
₹710.8
5D Low
₹1,040
Resistance levels (recent highs)
20d High
₹1,142
60d High
₹1,186.1
120d High
₹1,186.1
250d High
₹1,326
Next resistance
+7.7%
to 20d High
P/E (TTM)
33.1
Forward 23.9
Earnings Growth (YoY)
+1.3%
Revenue +9.8%
ROE
+13.5%
Profit margin +10.2%
Dividend Yield
0.35%
P/B 4.1
About this companyMaterials· Paints

Indigo Paints Limited manufactures and sells decorative paints in India and internationally. The company 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, stainers, interior lustre finish under the Indigo brand. The company was incorporated in 2000 and is headquartered in Pune, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.