SHALIMAR PAINTS SHARE PRICE TARGET 2024, 2025, 2026 To 2030

Missed buying Asian Paints shares during their initial days? Or, wanted to buy Berger paints share when their marketcap was very low? Looking for an alternative? Is Shalimar Paints the one? Is it a good paints company to buy shares of? We will answer all of that. Keep reading.

It’s never simple to predict the future, but in the case of Shalimar Paints, the data points to possible expansion and opportunity.

Shalimar Paints has been around for more than a century and has persevered through economic and commercial changes to become a major force in the Indian paint business.

So what does the future have in store for this legendary business?

This article will investigate Shalimar Paints’ share price objective from 2024 to 2030, examine the company’s growth prospects, and address the burning issue on every investor’s mind: Is Shalimar Paints a good stock to buy?”

What is Shalimar Paints?

How to purchase Shalimar Paints shares?

We recommend PaytM money.

Shalimar Paints Ltd Share Price Prediction: 2024 to 2030

Shalimar Paints Share Price Target 2024

Shalimar Paints, with a current market capitalization of ₹1,451 crore and a stock price of ₹173 as of May 4th, 2024, has seen a fluctuating trend in its share price target for 2024.

The share price is predicted to range between ₹162.47 to ₹214.53 by December 2024, with highs and lows varying from ₹168.32 to ₹226. The stock’s P/E and book value, standing at an appealing ₹37.9, highlight potential growth and value in this period

Shalimar Paints Share Price Target 2025

Shalimar Paints’ projected share price for 2025 demonstrates a positive growth trajectory throughout the year. Starting from January with a range of ₹168.33 to ₹218.82, the prices show a consistent upward trend.

By December 2025, the share price target is estimated to reach between ₹201.19 to ₹261.54. This anticipated growth reflects optimism and potential for investors in the coming year.

Shalimar Paints Share Price Target 2026

In 2026, Shalimar Paints’ share price targets continue to show a robust upward trend. Starting from January with a range of ₹207.22 to ₹269.39, the prices steadily climb throughout the year. By December 2026, the projected share price targets reach a high of ₹321.99 and a low of ₹247.68. This anticipated growth signifies sustained investor confidence and positive market sentiment towards Shalimar Paints.

Shalimar Paints Share Price Target 2027

Shalimar Paints Share Price Target 2028

Shalimar Paints Share Price Target 2029

Shalimar Paints Share Price Target 2030

Financial Condition of Shalimar Paints Ltd: Last 5 years

FAQS

What is the current share price of Shalimar Paints Ltd?

As of May 4 2024, the current share price of Shalimar Paints Ltd is ₹173.

What is the target share price for Shalimar Paints Ltd for the year 2025?

Based on the data provided, the maximum target share price for Shalimar Paints Ltd for the year 2025 is ₹261.54 and the minimum target share price is ₹168.33.

What is the target share price for Shalimar Paints Ltd for the year 2030?

Based on the data provided, the maximum target share price for Shalimar Paints Ltd for the year 2030 is ₹711.30 and the minimum target share price is ₹457.78.

Is Shalimar Paints Ltd a good investment opportunity?

I would say, it could be a good investment opportunity, as the company is extremely small in marketcap. However, since it is not making profits, I would avoid buying Shalimar Paints share in 2024.

Has Shalimar Paints Ltd shown consistent profit growth in the past?

Shalimar Paints limited has been posting negative results year on year. It is a loss making company.

ALSO READ MORE PAINTS COMPANY SHARE PRICE TARGET:

• What is the Indigo Paints Share Price Target for 2030?
• Asian Paints Share price target till 2030
• What is the Berger Paints Share price Target for 2025?

Personal opinion: Should you invest in Shalimar Paints?

Because Shalimar Paints is a loss making company, I would not invest my money in Shalimar paints, and as of now, it is not a better alternative to Asian paints or Berger Paints. It is better to put one’s money in a company which is bringing profits year on year. I would certainly avoid investing my money in Shalimar Paints at this point, until the company shows sign of profitability which at this point is clearly missing. My recommendation would be to avoid buying Shalimar Paints shares, but this is no way a financial advise. Please consider connecting with a financial advisor before investing in any stocks.

Disclaimer: I do not hold Shalimar Paints in my portfolio, but do hold Asian paints, Indigo Paints and Berger Paints.

Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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