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Shalimar Paints Limited (NSE India Code : SHALPAINTS)       BUY

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SHALPAINTS Technical Levels

Resistance 2 706.17
Resistance 1 697.83
PIVOT 691.42
Support 1 683.08
Support 2 668.33

SHALPAINTS Fundamentals

Earning Growth -35.87%
Profit Margin 2.43
PE 20.71
EPS 27.97
Quarter 30-Sep-11

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SHALPAINTS Technical Levels


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SHALPAINTS Share Price on 5-10-2012

Open 687.25
High 693.5
Low 666
Close 669
Volume 15231
Change -19.6 (-2.85%)
Series EQ
Date of Listing 03-Mar-08
Paid Up Value 10
Face Value 10
Market Capital 0 Crores
52 Week High/Low 731.8 / 293.1
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Shalimar Paints Limited Company Profile

Shalimar Paints (SHALMPAI) is one of the leading paints manufacturing companies of India. Incorporated as a private limited company on Dec. 16, 1902, it became a public limited company on May 27, 1961. Earlier known as Shalimar Paint Colour & Varnish Company, it got its present name on Sep. 1, 1963. The company has been promoted by the Jindal group, one of the largest business houses in India with Jindal Stainless as its flagship company and the Jhunjhnuwala group, which is mainly engaged in the hospitality industry, real estate development, watches manufacturing and entertainment industry. The ISO 9000 certified company has a product portfolio including a wide range of architectural coatings - interior as well as exterior, high performance coatings, can coatings, stoving systems, marine coatings, water-based and high-solid industrial paints, wood finishes, aviation coatings and solvent borne paints. The company has tinting systems under the brand name Color Space, where the company offers more than 9,000 shades across all product lines to its customers. The manufacturing plants are located at Howrah, Nasik and Sikandrabad with a total installed capacity of 40,000 MTPA. The company has had long association with multinational giants like Pinchin Johnson Co. and International Paints PLC of the UK. It has a technical collaboration agreement for coil coatings with Kunsul Chemical Company, Korea and has entered into a marketing agreement with Akzo Noble for introducing the Sadolin range of wood coatings in India. With its wide distribution network of more than 54 branches and depots, it services more than 6,000 dealers all across the country. It caters to the high-performance coatings, products finishes, metal decoration coatings, and marine sectors. A large number of color space systems have been installed at dealer outlets all across the country. Shalimar Adhunik Nirman is a subsidiary company. The registered office is located at 13, Camac Street, Kolkata- 700017. Shalimar Paints (SHALMPAI) is one of the leading paints manufacturing companies of India. Incorporated as a private limited company on Dec. 16, 1902, it became a public limited company on May 27, 1961. Earlier known as Shalimar Paint Colour & Varnish Company, it got its present name on Sep. 1, 1963. The company has been promoted by the Jindal group, one of the largest business houses in India with Jindal Stainless as its flagship company and the Jhunjhnuwala group, which is mainly engaged in the hospitality industry, real estate development, watches manufacturing and entertainment industry. The ISO 9000 certified company has a product portfolio including a wide range of architectural coatings - interior as well as exterior, high performance coatings, can coatings, stoving systems, marine coatings, water-based and high-solid industrial paints, wood finishes, aviation coatings and solvent borne paints. The company has tinting systems under the brand name Color Space, where the company offers more than 9,000 shades across all product lines to its customers. The manufacturing plants are located at Howrah, Nasik and Sikandrabad with a total installed capacity of 40,000 MTPA. The company has had long association with multinational giants like Pinchin Johnson Co. and International Paints PLC of the UK. It has a technical collaboration agreement for coil coatings with Kunsul Chemical Company, Korea and has entered into a marketing agreement with Akzo Noble for introducing the Sadolin range of wood coatings in India. With its wide distribution network of more than 54 branches and depots, it services more than 6,000 dealers all across the country. It caters to the high-performance coatings, products finishes, metal decoration coatings, and marine sectors. A large number of color space systems have been installed at dealer outlets all across the country. Shalimar Adhunik Nirman is a subsidiary company. The registered office is located at 13, Camac Street, Kolkata- 700017.

SHALPAINTS Intraday Realtime Chart

SHALPAINTS Corporate Announcements

DATE PURPOSE
19-Jul-12 Disclosure of Voting Pattern - Clause 35A
18-Jul-12 Outcome of Annual General Meeting
18-Jul-12 Financial Result Updates
07-May-12 Dividend
07-May-12 Financial Result Updates

SHALPAINTS Corporate Actions

DATE PURPOSE
09-Jul-12 Annual General Meeting/ Dividend Rs 10 Per Share
09-Jul-12 AGM/DIV RS 10 PER SHARE
03-Aug-11 Dividend-Rs.8/- Per Share
03-Aug-11 DIVIDEND-RS.8/- PER SHARE

SHALPAINTS Board Meetings

MEETING DATE PURPOSE
18-Jul-12 Un-audited Financial Results
07-May-12 Results/Dividend
20-Jan-12 Un-audited Financial Results
18-Oct-11 Un-audited Financial Results
12-Aug-11 Un-audited Financial Results

SHALPAINTS Related companies

Symbol Company Name
ABSHEKINDS Abhishek Industries Limited
ALPHAGEO Alphageo (India) Limited
APLAB Aplab Limited
ASHIMASYN Ashima Limited
ATLASCYCLE Atlas Cycles (Haryana) Limited

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