SHALPAINTS · Materials · 2026-08-07

Shalimar Paints Ltd

Stage 1 · wk 9MARKET: BULL TOPPING · 2026-08-07
₹84.5
-4.20% today
₹707 Cr · Small cap
About this companyMaterials· Specialty Chemicals
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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.

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vs 52W High
-4.2%
₹36.1 lo₹88.2 hi
4.2% below 52W high — pullback range
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 9
1w13w26w
Week 9 — base building
How long this stock has been basing. Longer bases can produce stronger breakouts — but don't anticipate, wait for the breakout.
vs 200 DMA
42.1%
200 DMA: ₹59.4 · sloping down
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.30x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
↑ ⇈
Accelerating · MA20 +22.4% vs MA50 +12.0% / 10d
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.
Sector
Materials
↓ Peaking
Stage 2%
33.9%
20d Δ
-4.4pp
1M return
+4.9%
3M return
+1.9%
Sector Stage-2 % · last 20 days
Sector has 135 Stage 2 leaders. See Materials Stage 2 →
Industry
Specialty Chemicals
↑ Building
Stage 2%
52.9%
20d Δ
+10.3pp
1M return
+7.9%
3M return
+16.3%
Industry Stage-2 % · last 20 days
Industry has 35 Stage 2 leaders. See Specialty Chemicals Stage 2 →
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-05-15 → 2026-08-07
S2 37w
S4 36w
S4 34w
S4 28w
2023-05-152026-08-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 7w → S2 37w → S3 7w → S4 36w → S1 7w → S4 34w → S1 4w → S4 28w → S1 8w current
Total tracked: 168 weeks across 9 stage runs.
1M
+66.8%
3M
+53.2%
6M
+39.7%
YTD
+44.3%
1Y
+4.0%
Scan Membership
Not in any current scan.
Recent Stage Timeline
2026-08-07S1
Wk 9 · Vol —x
2026-08-06S1
Wk 8 · Vol —x
2026-08-05S1
Wk 8 · Vol —x
2026-08-04S1
Wk 8 · Vol —x
2026-08-03S1
Wk 8 · Vol —x
2026-07-31S1
Wk 8 · Vol —x
2026-07-30S1
Wk 7 · Vol —x
2026-07-29S1
Wk 7 · Vol —x
2026-07-28S1
Wk 7 · Vol —x
2026-07-27S1
Wk 7 · Vol —x
2026-07-24S1
Wk 7 · Vol —x
2026-07-23S1
Wk 6 · Vol —x
Sector Peers — Stage 2All →
GULFPETRO
wk 7 · 0.0% from hi
9.4
APCOTEXIND
wk 13 · -9.8% from hi
9.4
ASAHISONG
wk 6 · -7.4% from hi
9.0
LLOYDSME
wk 15 · 0.0% from hi
8.9
GANESHBE
wk 13 · -3.6% from hi
8.9
Moving averages & range
50 DMA
₹57.8
200 DMA
₹59.4
52W High
₹88.2
52W Low
₹36.1
5D Low
₹80
Resistance levels (recent highs)
20d High
₹88.2
60d High
₹88.2
120d High
₹88.2
250d High
₹88.2
Next resistance
+4.4%
to 20d High

All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.