Investors are always on the hunt for potential chances in the changing world of the financial markets. A well-known company in the sector, Shalimar Paints, has drawn notice with its share price goal range of 2023 to 2030. We set out on a journey in this essay to investigate the probable growth trajectory of Shalimar Paints’ shares. Examining the forecasted numbers, we consider if the stock can soar to new heights and entice investors looking for lucrative opportunities. We want to determine whether Shalimar Paints is indeed an attractive investment choice using an analytical perspective and professional expertise. So buckle up as we explore the world of share price goals and discover the intriguing background to this business.
Contents
Below are the trading platforms that you can use to purchase Shalimar Paints shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2023 | ₹159.40 | ₹122.62 |
| June 2023 | ₹191.28 | ₹147.14 |
| July 2023 | ₹229.54 | ₹176.57 |
| August 2023 | ₹252.49 | ₹194.22 |
| September 2023 | ₹265.11 | ₹203.93 |
| October 2023 | ₹252.49 | ₹194.22 |
| November 2023 | ₹277.74 | ₹213.65 |
| December 2023 | ₹311.07 | ₹239.28 |
The table provides a snapshot of Shalimar Paints’ predicted share prices for the year 2023. The maximum price reached in May was ₹159.40, which gradually increased over the following months, reaching a peak of ₹311.07 in December. Similarly, the minimum price in May was ₹122.62, gradually increasing to ₹239.28 in December. This indicates a bullish trend with consistent growth throughout the year. The growth percentage showcases a significant increase in share prices, indicating positive investor sentiment and potential profitability.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹327.44 | ₹251.88 |
| February 2024 | ₹367.91 | ₹306.59 |
| March 2024 | ₹387.27 | ₹314.86 |
| April 2024 | ₹352.07 | ₹270.82 |
| May 2024 | ₹293.39 | ₹225.68 |
| June 2024 | ₹352.07 | ₹270.82 |
| July 2024 | ₹299.26 | ₹231.98 |
| August 2024 | ₹329.18 | ₹261.26 |
| September 2024 | ₹345.64 | ₹265.88 |
| October 2024 | ₹406.64 | ₹312.80 |
| November 2024 | ₹426.97 | ₹328.44 |
| December 2024 | ₹435.51 | ₹335.01 |
The table presents the projected share price targets for Shalimar Paints in 2024. The maximum price target for the year is anticipated to be ₹435.51 in December, indicating a potential return on investment. The minimum price target, on the other hand, is expected to be ₹225.68 in May. This suggests a fluctuating market with both bullish and bearish periods. The share prices demonstrate a bearish trend in May, followed by a recovery and subsequent bullish periods. Investors should closely monitor the market conditions and company performance to make informed investment decisions. The projected targets provide a range of potential outcomes, highlighting the importance of assessing market dynamics and company fundamentals before investing in Shalimar Paints’ shares.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹444.22 | ₹341.71 |
| February 2025 | ₹467.60 | ₹359.69 |
| March 2025 | ₹490.98 | ₹377.68 |
| April 2025 | ₹438.37 | ₹337.21 |
| May 2025 | ₹398.52 | ₹306.55 |
| June 2025 | ₹438.37 | ₹337.21 |
| July 2025 | ₹417.50 | ₹321.15 |
| August 2025 | ₹434.89 | ₹334.53 |
| September 2025 | ₹456.64 | ₹351.26 |
| October 2025 | ₹484.04 | ₹372.34 |
| November 2025 | ₹517.92 | ₹398.40 |
| December 2025 | ₹528.28 | ₹406.37 |
The table provides the projected share price targets for Shalimar Paints in 2025. The maximum price target for the year is expected to be ₹528.28 in December, while the minimum price target is projected to be ₹306.55 in May. This suggests a potential upside in share prices, indicating the possibility of favorable returns for investors. The average target over the year showcases consistent growth and positive sentiment towards the company. Investors should consider these targets as reference points and conduct further analysis to make informed investment decisions. It is advisable to closely monitor market dynamics, company performance, and expert recommendations before investing in Shalimar Paints’ shares. These projections provide valuable insights for investors looking to navigate the market in 2025.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹311.07 | ₹122.62 |
| 2024 | ₹435.51 | ₹251.88 |
| 2025 | ₹528.28 | ₹337.21 |
| 2026 | ₹369.79 | ₹258.86 |
| 2027 | ₹314.33 | ₹220.03 |
| 2028 | ₹565.79 | ₹396.05 |
| 2029 | ₹1,162.21 | ₹813.55 |
| 2030 | ₹1,294.28 | ₹906.00 |
The provided data outlines the projected share price targets for Shalimar Paints from 2026 to 2030. In 2026, the maximum price target is estimated to be ₹369.79, while the minimum price target is expected to be ₹258.86. These figures indicate a potential range of prices within the given year. Looking ahead, the projections suggest an upward trend in share prices, with maximum targets of ₹565.79 in 2028 and ₹1,294.28 in 2030. Similarly, the minimum targets showcase a rising trend, reaching ₹396.05 in 2028 and ₹906.00 in 2030. These projections provide valuable insights for investors considering Shalimar Paints, highlighting potential price targets and growth opportunities in the years to come.
Financial Condition of Shalimar Paints: Last 5 years
| Narration | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Mar-23 |
| Sales | 287.62 | 343.85 | 325.56 | 358.10 | 485.55 |
| Expenses | 349.11 | 377.38 | 321.94 | 380.57 | 500.30 |
| Operating Profit | -61.49 | -33.53 | 3.62 | -22.47 | -14.75 |
| Other Income | -13.86 | 8.08 | 4.95 | -6.13 | 7.21 |
| Depreciation | 8.78 | 10.85 | 13.32 | 13.46 | 12.71 |
| Interest | 25.05 | 19.85 | 19.03 | 22.17 | 15.90 |
| Profit before tax | -109.18 | -56.15 | -23.78 | -64.23 | -36.15 |
| Tax | -27.40 | -17.97 | 26.08 | – | – |
| Net profit | -81.78 | -38.18 | -49.86 | -64.23 | -36.15 |
| EPS | -15.26 | -7.03 | -9.18 | -8.90 | -5.01 |
| Price to earning | -5.34 | -7.00 | -10.66 | -13.17 | -27.17 |
| Price | 81.55 | 49.20 | 97.85 | 117.20 | 136.05 |
| RATIOS: | |||||
| Dividend Payout | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| OPM | 0.00% | 0.00% | 1.11% | 0.00% | 0.00% |
The financial bank statement of Shalimar Paints over the past five years showcases the company’s journey in terms of profit and loss. The revenue growth fluctuated during this period, with the maximum sales recorded in March 2023 at ₹485.55 and the minimum in March 2021 at ₹325.56. Despite facing challenges, Shalimar Paints exhibited improvement in operating profit, with a maximum of ₹3.62 in March 2021, after experiencing losses in previous years. The net profit also showed a positive trajectory, reaching a minimum of ₹-49.86 in March 2021 but narrowing down to ₹-36.15 in March 2023. Although earnings per share (EPS) witnessed a mixed trend, the company’s share price experienced an upward trajectory, reaching a maximum of ₹136.05 in March 2023. Shalimar Paints has demonstrated resilience and potential for growth, and investors should closely monitor its financial performance and overall market conditions.
Sharekhan on Shalimar Paints share price target
Sharekhan has given a buy call on Shalimar Paints. According to him, you can continue buying Shalimar Paints share with a target price of Rs165.
Motilal Oswal on Shalimar Paints share price target
Motilal Oswal has given a buy call on Shalimar Paints. According to him, you can continue buying Shalimar Paints share with a target price of Rs170.
FAQS
The share price target for Shalimar Paints is subject to market conditions and investor sentiment, with projections indicating potential growth during this period.
Can Shalimar Paints reach ₹1000 by 2025?
While it is difficult to predict exact share prices, reaching ₹1000 by 2025 would require significant growth and positive market factors for Shalimar Paints.
Several factors contribute to Shalimar Paints’ share price target, including financial performance, industry trends, market conditions, and investor perception.
Has Shalimar Paints shown consistent growth in recent years?
Shalimar Paints has witnessed fluctuations in its financial performance in recent years, experiencing both growth and challenges.
Revenue growth plays a significant role in determining the share price target, as it reflects the company’s ability to generate income and potential for future profitability.
What is the historical profit growth of Shalimar Paints?
Shalimar Paints’ profit growth has shown variability over the years, with periods of both positive and negative growth.
External factors such as economic conditions, industry competition, regulatory changes, and market trends can influence Shalimar Paints’ share price target.
Investors should conduct thorough research, consider expert opinions, assess the company’s fundamentals, and closely monitor market trends before making investment decisions.
The average annual growth rate projected for Shalimar Paints’ share price can vary based on various factors and market conditions.
No, the share price target is a projection based on available information and assumptions. Future performance is subject to numerous variables and market dynamics.
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Conclusion
The financial performance of Shalimar Paints during the previous five years can be analysed to gain insight into possible share price targets for the years 2023 to 2030. Although the business experienced oscillations, it showed a promising increase in income, with revenue rising from 287.62 crore in March 2019 to 485.55 crore in March 2023. With the net profit increasing from -81.78 crore in March 2019 to -36.15 crore in March 2023, profit growth likewise showed an upward trend. These numbers and the anticipated goals for 2024–2030 make Shalimar Paints’ shares an appealing investment possibility. However, before making any investment decisions, investors should undertake additional research, keep an eye on the market, and evaluate the company’s performance.
