Shalimar Paints Share Price Target 2024, 2025, 2026, 2028, 2030, 2035

Shalimar Paints share price

We are here with another company to predict its share prices for the years 2024 to 2035 with in-depth research and analysis. This is Shalimar Paints’ share price forecast which is a leading paint manufacturer in India.

As of now, its share price is Rs 182.35 and you can expect very average returns on your investment. It is observed that earnings have increased by 58.00% in the last 12 months. But, before making any predictions on its share price, we need to know the details about Shalimar Paints.

Shalimar Paints is an Indian company established in 1902, in Kolkata (Howrah), West Bengal, India. They have multiple manufacturing plants across the country, and also a strong distribution network, which helps them to serve the customers effectively.

The company offers a wide range of paint products for interior and exterior use, such as emulsions, distempers, enamels, wood finishes, etc. Besides, it has a strong presence in the Indian market with a nationwide network of dealers and distributors.

They also have an international presence in many countries like Nepal, Bangladesh, Sri Lanka, and other countries. They specialize in Decorative Paints, Anti-fouling paints, Automotive Paints, Marine paints, Industrial Coatings, and Wood Finishes.

Shalimar Paints Stock Overview

It is an established leading company and headquarters in Mumbai, India, and has a low growth rate for long-term investment. Below is the information table of Shalimar Paints stock which is as follows:

Company NameShalimar Paints
Industry TypePaints
CountryIndia
HeadquarterMumbai
PE RatioNA
Dividend YieldNA
Debt to Equity0.27
Face Value2
Official Websitewww.shalimarpaints.com

Shalimar Paints Share Price Forecast

In March 2023, Shalimar Paints’ share price was Rs 145.35 and now in 2024, it trades at Rs 198.00. We have shared below the future price of Shalimar Paints for the years 2024 to 2035 as per our prediction system and expert’s opinion.

YearMinimum PriceMaximum Price
2024₹206.37₹277.62
2025₹323.45₹433.47
2026₹464.48₹629.36
2027₹589.79₹804.38
2028₹616.49₹832.56
2029₹709.25₹913.25
2030₹791.54₹995.85

Note: Readers are advised that the estimated target share price is based on our experience and technical analysis. The share price target is an estimated value that may differ from the actual price. Therefore, you are advised to research well and consult with your financial advisor.

Target price chart 2024-2035:

Shalimar Paints share price target for 2024

As per past data and technical analysis, Shalimar Paints’ share price can be Rs 206.37 in 2024. But the expected average share price will be Rs 247.40 and the maximum price can reach Rs 277.62 levels.

TargetTarget price
Target-I₹206.37
Target-II₹277.62

Shalimar Paints share price for 2025

In 2025, as per our research and forecast system, Shalimar Paints’ share price target will be Rs 323.45 with an average trade price of Rs 378.80 and a maximum of Rs 433.47.

TargetTarget price
Target-I₹323.45
Target-II₹433.47

Shalimar Paints share price for 2026

According to our research, the lowest price of Shalimar Paints’ shares in 2026 will be Rs 464.48. But the average expected share price will be Rs 542.62 and the maximum target price can reach Rs 629.36.

TargetTarget price
Target-I₹464.48
Target-II₹629.36

Shalimar Paints share price for 2027

In 2027, Shalimar Paints’ share price target will be a minimum of Rs 589.79. But the expected average share price can be Rs 694.03 and the maximum price can reach the level of Rs 804.38.

TargetTarget price
Target-I₹589.79
Target-II₹804.38

Shalimar Paints share price for 2028

As per the technical analysis and experts’ opinions, the Shalimar Paints share price will be a minimum of Rs 616.49 in 2028. But the expected average share price will be Rs 723.97 and the maximum price can reach the level of Rs 832.56.

TargetTarget price
Target-I₹616.49
Target-II₹832.56

Shalimar Paints share price for 2029

According to the data and forecast system, Shalimar Paints’ share price will be a minimum of Rs 709.25 in 2029. But the expected average target price could be Rs 801.253 and the maximum target price for Shalimar Paints shares would be Rs 913.25.

TargetTarget price
Target-I₹709.25
Target-II₹913.25

Shalimar Paints share price for 2030

In 2030, As per the technical analysis, Shalimar Paints’ share price will be a minimum of Rs 791.54. But the expected average share price will be Rs 895.92 and the maximum target price can reach the level of Rs 995.85.

TargetTarget price
Target-I₹791.54
Target-II₹995.85

Shalimar Paints share price for 2035

Based on our technical analysis, the highest target price for Shalimar Paints shares in 2035 is Rs 1030.50 to Rs 1140.30.

Risk Factors

As it is a well-known leading company for many paint products, which are always in demand. However, its share price growth records are very low in the past data, so you can expect average returns for your investment.

But this can change with time as stocks are volatile and it all depends on the market trends. Hence, it has minimum risk factors as per its record.

Check also:

FAQs
Q: Is Shalimar Paints good to buy?

A: Shalimar Paints is a good value, based on its Price-To-Sales vs Peers Ratio compared to the peer average ratio.

What will be the target price for Shalimar Paints in 2025?

The target price for Shalimar Paints in 2025 will be Rs 323.45 to Rs 433.47.

Q: Is Shalimar Paints company debt-free?

A: Shalimar Paints Limited uses debt in its business to grow in the market.

Q: What is the target price for Shalimar Paints shares in 2030?

A: The maximum target price for Shalimar shares will be Rs 995.85 by 2030.

Disclaimer: The share price predictions on our website (bankshala.com) are for general information only. No part of the website material we provided should be considered financial advice for your investments. Before investing in any company you should do your research and analyze it properly.

About Bankshala team

We are a dedicated professional team, working closely with each other to provide quality content in the banking and finance sectors. Some editors have been investing in the stock market for almost 15 years and have a lot of experience.

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