{"id":134249,"date":"2026-06-30T11:06:01","date_gmt":"2026-06-30T05:36:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=134249"},"modified":"2026-10-07T15:16:51","modified_gmt":"2026-10-07T09:46:51","slug":"shalimar-paints-share-price-target-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/","title":{"rendered":"Shalimar Paints Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27"},"content":{"rendered":"<div class=\"meta-block\">\n<p><strong>META TITLE:<\/strong> Shalimar Paints Share Price Target 2026 and Share Price Today<\/p>\n<p><strong>META DESCRIPTION:<\/strong> Shalimar Paints share price target 2026: Rs 72 to Rs 94 vs Rs 77.64. Share price today, stock analysis, buy or sell view, bull case, bear case and 12-month target.<\/p>\n<p><strong>SLUG:<\/strong> shalimar-paints-share-price-target-2026<\/p>\n<p><strong>PRIMARY KEYWORD:<\/strong> Shalimar Paints share price target<\/p>\n<p><strong>SECONDARY KEYWORDS:<\/strong> Shalimar Paints share price today, Shalimar Paints stock analysis, Shalimar Paints buy or sell, Shalimar Paints share price forecast, Shalimar Paints stock price target 2027, Shalimar Paints price target, Shalimar Paints buy or sell<\/p>\n<p><strong>LSI KEYWORDS:<\/strong> analyst consensus, bull case, bear case, 12-month target, PE multiple, EPS estimate, sector tailwinds, institutional holding, resistance level, FY27 outlook<\/p>\n<\/div>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Shalimar Paints Rs 77.64 (6 Oct 2026 close). 52-week range Rs 35.21 to Rs 95.95. Q1 FY27 loss Rs 21.3 cr; Rs 10,440 cr Infra.Market share swap at Rs 85 a security.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Shalimar Paints share price target for 2026 is Rs 72 to Rs 94, which is between 7 percent below and 21 percent above the last close of Rs 77.64, with bull and bear cases of Rs 102 to Rs 128 and Rs 42 to Rs 59. Shalimar Paints reported a Q1 FY27 consolidated net loss of Rs 21.26 crore on revenue down 11 percent to Rs 138 crore, while its board approved a Rs 10,440 crore share swap with Hella Infra Market, the parent of Infra.Market, at Rs 85 per security. Hella Infra Market holders would own over 77 percent of the combined entity, the stock jumped 20 percent on 3 August on heavy volume nine days before the deal, and NSE sought clarification on the move. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario.<\/p>\n<\/p><\/div>\n<p>The <a href=\"https:\/\/univest.in\/stocks\/shalpaints\/shalimar-paints-ltd-share-price-today\">Shalimar Paints<\/a> share price target for 2026 is Rs 72 to Rs 94 in the Univest base case, with the stock at Rs 77.64 at the 6 October 2026 close. That is 19.1 percent below its 52-week high of Rs 95.95 and 120.5 percent above its 52-week low of Rs 35.21, and the stock moved down 4.0 percent over the past year. Shalimar Paints is a Jindal-family-backed paints maker now controlled by Hella Infra Market, the parent of the Infra.Market building materials platform, which holds about 52.85 percent. Debt to equity is 0.66 and the company pays no dividend.<\/p>\n<p>Three things changed since the last update: the board approved the Rs 10,440 crore share swap and a Rs 1,000 crore QIP on 13 August, Q1 FY27 results showed a loss of Rs 21.26 crore, and the stock fell from a Rs 95.95 high to Rs 77.64. This Shalimar Paints stock analysis covers the Shalimar Paints share price today, the Shalimar Paints share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Shalimar Paints buy or sell view.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=shalimar-paints-share-price-target\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#What_Is_the_Shalimar_Paints_Share_Price_Target_for_2026\" title=\"What Is the Shalimar Paints Share Price Target for 2026?\">What Is the Shalimar Paints Share Price Target for 2026?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Shalimar_Paints_Share_Price_Target_Scenarios_Bull_Case_Base_Case_and_Bear_Case\" title=\"Shalimar Paints Share Price Target Scenarios: Bull Case, Base Case and Bear Case\">Shalimar Paints Share Price Target Scenarios: Bull Case, Base Case and Bear Case<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Shalimar_Paints_Company_Overview_and_Share_Price_Today_as_of_6_October_2026\" title=\"Shalimar Paints Company Overview and Share Price Today as of 6 October 2026\">Shalimar Paints Company Overview and Share Price Today as of 6 October 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#How_Did_Shalimar_Paints_Perform_in_Q1_FY27\" title=\"How Did Shalimar Paints Perform in Q1 FY27?\">How Did Shalimar Paints Perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Why_Did_Shalimar_Paints_Share_Price_Jump_120_Percent_From_Its_March_Low\" title=\"Why Did Shalimar Paints Share Price Jump 120 Percent From Its March Low?\">Why Did Shalimar Paints Share Price Jump 120 Percent From Its March Low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Key_Catalysts_for_the_Shalimar_Paints_Share_Price_Target_in_2026\" title=\"Key Catalysts for the Shalimar Paints Share Price Target in 2026\">Key Catalysts for the Shalimar Paints Share Price Target in 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#1_InfraMarket_Merger\" title=\"1. Infra.Market Merger\">1. Infra.Market Merger<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#2_Capital_Raise\" title=\"2. Capital Raise\">2. Capital Raise<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#3_Promoter_Stake\" title=\"3. Promoter Stake\">3. Promoter Stake<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#4_Paints_Turnaround\" title=\"4. Paints Turnaround\">4. Paints Turnaround<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#What_Are_the_Key_Risks_to_the_Shalimar_Paints_Share_Price_Target\" title=\"What Are the Key Risks to the Shalimar Paints Share Price Target?\">What Are the Key Risks to the Shalimar Paints Share Price Target?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Deal_Execution\" title=\"Deal Execution\">Deal Execution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Dilution\" title=\"Dilution\">Dilution<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Paints_Losses\" title=\"Paints Losses\">Paints Losses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Trading_Scrutiny\" title=\"Trading Scrutiny\">Trading Scrutiny<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Shalimar_Paints_Stock_Analysis_Support_and_Resistance_Levels_for_the_Share_Price_Target\" title=\"Shalimar Paints Stock Analysis: Support and Resistance Levels for the Share Price Target\">Shalimar Paints Stock Analysis: Support and Resistance Levels for the Share Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Shalimar_Paints_Share_Price_Target_2026_2027_and_2030_Short_Medium_and_Long_Term\" title=\"Shalimar Paints Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term\">Shalimar Paints Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Short-Term_Shalimar_Paints_Share_Price_Target_3_to_6_Months\" title=\"Short-Term Shalimar Paints Share Price Target (3 to 6 Months)\">Short-Term Shalimar Paints Share Price Target (3 to 6 Months)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#12-Month_and_2027_Shalimar_Paints_Share_Price_Target\" title=\"12-Month and 2027 Shalimar Paints Share Price Target\">12-Month and 2027 Shalimar Paints Share Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Long-Term_Shalimar_Paints_Share_Price_Target_for_FY29_to_2030\" title=\"Long-Term Shalimar Paints Share Price Target for FY29 to 2030\">Long-Term Shalimar Paints Share Price Target for FY29 to 2030<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Bull_Case_and_Bear_Case_for_Shalimar_Paints_Share_Price_Target\" title=\"Bull Case and Bear Case for Shalimar Paints Share Price Target\">Bull Case and Bear Case for Shalimar Paints Share Price Target<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Bull_Case_Rs_102_to_Rs_128\" title=\"Bull Case Rs 102 to Rs 128\">Bull Case Rs 102 to Rs 128<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Bear_Case_Rs_42_to_Rs_59\" title=\"Bear Case Rs 42 to Rs 59\">Bear Case Rs 42 to Rs 59<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Is_Shalimar_Paints_a_Good_Buy_at_Rs_7764_Shalimar_Paints_Buy_or_Sell_View\" title=\"Is Shalimar Paints a Good Buy at Rs 77.64? Shalimar Paints Buy or Sell View\">Is Shalimar Paints a Good Buy at Rs 77.64? Shalimar Paints Buy or Sell View<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#How_to_Invest_in_Shalimar_Paints_Shares\" title=\"How to Invest in Shalimar Paints Shares\">How to Invest in Shalimar Paints Shares<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#FAQs_on_Shalimar_Paints_Share_Price_Target_2026\" title=\"FAQs on Shalimar Paints Share Price Target 2026\">FAQs on Shalimar Paints Share Price Target 2026<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#What_is_the_Shalimar_Paints_share_price_target_for_2026\" title=\"What is the Shalimar Paints share price target for 2026?\">What is the Shalimar Paints share price target for 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#What_is_the_Shalimar_Paints_share_price_target_for_2027\" title=\"What is the Shalimar Paints share price target for 2027?\">What is the Shalimar Paints share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Is_Shalimar_Paints_a_good_buy_at_Rs_7764\" title=\"Is Shalimar Paints a good buy at Rs 77.64?\">Is Shalimar Paints a good buy at Rs 77.64?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#What_are_the_key_risks_to_the_Shalimar_Paints_share_price_target\" title=\"What are the key risks to the Shalimar Paints share price target?\">What are the key risks to the Shalimar Paints share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#What_are_the_key_catalysts_for_the_Shalimar_Paints_share_price_target\" title=\"What are the key catalysts for the Shalimar Paints share price target?\">What are the key catalysts for the Shalimar Paints share price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#Where_can_I_track_Shalimar_Paints_share_price_today_and_Shalimar_Paints_share_price_target_updates\" title=\"Where can I track Shalimar Paints share price today and Shalimar Paints share price target updates?\">Where can I track Shalimar Paints share price today and Shalimar Paints share price target updates?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#What_are_Shalimar_Paintss_52-week_high_and_low\" title=\"What are Shalimar Paints&#8217;s 52-week high and low?\">What are Shalimar Paints&#8217;s 52-week high and low?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/univest.in\/blogs-2\/shalimar-paints-share-price-target-2026\/#How_to_buy_Shalimar_Paints_shares\" title=\"How to buy Shalimar Paints shares?\">How to buy Shalimar Paints shares?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_the_Shalimar_Paints_Share_Price_Target_for_2026\"><\/span><strong>What Is the Shalimar Paints Share Price Target for 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The 2026 target for Shalimar Paints shares is Rs 72 to Rs 94 in the Univest base case, which is -7.3% to +21.1% against the last close. The bull case is Rs 102 to Rs 128 and the bear case is Rs 42 to Rs 59. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Share_Price_Target_Scenarios_Bull_Case_Base_Case_and_Bear_Case\"><\/span><strong>Shalimar Paints Share Price Target Scenarios: Bull Case, Base Case and Bear Case<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table>\n<tr>\n<th>Scenario<\/th>\n<th>Rs 85 Swap Price Reference<\/th>\n<th>Target Multiple<\/th>\n<th>Price Target (Rs)<\/th>\n<th>Move vs Rs 77.64<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 85<\/td>\n<td>1.2x to 1.5x<\/td>\n<td>102 to 128<\/td>\n<td>+31.4% to +64.9%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>Rs 85<\/td>\n<td>0.85x to 1.1x<\/td>\n<td>72 to 94<\/td>\n<td>-7.3% to +21.1%<\/td>\n<\/tr>\n<tr>\n<td>Bear Case<\/td>\n<td>Rs 85<\/td>\n<td>0.5x to 0.7x<\/td>\n<td>42 to 59<\/td>\n<td>-45.9% to -24.0%<\/td>\n<\/tr>\n<\/table>\n<p>Shalimar has negative earnings, so a PE or EPS valuation does not apply, and the stock is driven by the proposed swap. The ranges below are scenario multiples of the Rs 85 issue price set for the swap: a bear case where the deal stalls or dilution weighs, a base case near the issue price, and a bull case where the deal completes and the enlarged business is re-rated. They are not forecasts of the deal outcome. The PE multiple does not apply because earnings are negative, so the table expresses scenarios as multiples of the Rs 85 swap issue price in place of an EPS estimate, and these are Univest assumptions, not company guidance. Those assumptions set the Shalimar Paints share price target range around the current price.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Company_Overview_and_Share_Price_Today_as_of_6_October_2026\"><\/span><strong>Shalimar Paints Company Overview and Share Price Today as of 6 October 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints share price today is Rs 77.64 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 653 crore, and the stock has no PE because earnings are negative, against an industry average of 42.9 times. The Univest base case Shalimar Paints share price target of Rs 72 to Rs 94 is -7.3% to +21.1% from here. The table below sets out the key numbers behind the Shalimar Paints share price target.<\/p>\n<table>\n<tr>\n<th>Parameter<\/th>\n<th>Value<\/th>\n<th>Context<\/th>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>SHALPAINTS<\/td>\n<td>BSE code 509874<\/td>\n<\/tr>\n<tr>\n<td>Sector<\/td>\n<td>Paints (reverse merger with Infra.Market)<\/td>\n<td>Per Univest sector classification<\/td>\n<\/tr>\n<tr>\n<td>Last Close (NSE)<\/td>\n<td>Rs 77.64<\/td>\n<td>6 Oct 2026 close<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 95.95<\/td>\n<td>CMP is 19.1% below<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 35.21<\/td>\n<td>CMP is 120.5% above<\/td>\n<\/tr>\n<tr>\n<td>1-Year Return<\/td>\n<td>About -4%<\/td>\n<td>Weekly close Rs 80.9 on 10 Oct 2025 to Rs 77.64<\/td>\n<\/tr>\n<tr>\n<td>Market Capitalisation<\/td>\n<td>Rs 653 crore<\/td>\n<td>Micro cap paints company<\/td>\n<\/tr>\n<tr>\n<td>Trailing P\/E<\/td>\n<td>Not applicable (loss)<\/td>\n<td>Industry P\/E about 42.89x<\/td>\n<\/tr>\n<tr>\n<td>P\/B Ratio<\/td>\n<td>About 4.58x<\/td>\n<td>Book value Rs 17.02 per share<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs -8.30<\/td>\n<td>Trailing twelve months<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>About -25.9%<\/td>\n<td>Debt to equity 0.66<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>Nil<\/td>\n<td>No dividend<\/td>\n<\/tr>\n<tr>\n<td>12-Month Target (Base Case)<\/td>\n<td>Rs 72 to Rs 94<\/td>\n<td>Univest base case<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 102 to Rs 128<\/td>\n<td>+31.4% to +64.9%<\/td>\n<\/tr>\n<tr>\n<td>Bear Case<\/td>\n<td>Rs 42 to Rs 59<\/td>\n<td>-45.9% to -24.0%<\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track live price, fundamentals and results for Shalimar Paints on the Univest Screener.<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Did_Shalimar_Paints_Perform_in_Q1_FY27\"><\/span><strong>How Did Shalimar Paints Perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints reported a Q1 FY27 consolidated net loss of Rs 21.26 crore against a loss of about Rs 17 crore a year ago, on revenue down 11 percent to Rs 138 crore from Rs 155 crore. FY26 revenue was Rs 576 crore, down 3.9 percent, with a loss of about Rs 65 crore. Together these Q1 FY27 numbers anchor the Shalimar Paints share price target.<\/p>\n<table>\n<tr>\n<th>Metric<\/th>\n<th>Q1 FY27<\/th>\n<th>Context<\/th>\n<\/tr>\n<tr>\n<td>Consolidated Net Loss<\/td>\n<td>Rs 21.26 crore<\/td>\n<td>Against about Rs 17 crore a year ago<\/td>\n<\/tr>\n<tr>\n<td>Consolidated Revenue<\/td>\n<td>Rs 138 crore<\/td>\n<td>Down 11% from Rs 155 crore<\/td>\n<\/tr>\n<tr>\n<td>FY26 Revenue<\/td>\n<td>Rs 576 crore<\/td>\n<td>Down 3.9%<\/td>\n<\/tr>\n<tr>\n<td>Swap Value<\/td>\n<td>About Rs 10,440 crore<\/td>\n<td>Non-cash; Rs 85 per security<\/td>\n<\/tr>\n<tr>\n<td>New Shares and CCPS<\/td>\n<td>41.70 crore and 81.12 crore<\/td>\n<td>To Hella Infra Market holders<\/td>\n<\/tr>\n<tr>\n<td>QIP Approved<\/td>\n<td>Up to Rs 1,000 crore<\/td>\n<td>Plus Rs 105.86 crore preferential<\/td>\n<\/tr>\n<\/table>\n<p>The board approved issuing up to 41.70 crore equity shares and 81.12 crore compulsorily convertible preference shares as consideration for Hella Infra Market equity and CCPS, with the final swap ratio set by valuation reports. Reports say Infra.Market was last valued near Rs 24,000 crore, Hella holders would own over 77 percent of the combined entity, and authorised capital rises from Rs 20 crore to Rs 600 crore. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Shalimar Paints share price target.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Did_Shalimar_Paints_Share_Price_Jump_120_Percent_From_Its_March_Low\"><\/span><strong>Why Did Shalimar Paints Share Price Jump 120 Percent From Its March Low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints shares are about 120 percent above the Rs 35.21 low of the week of 30 March 2026. The stock rose 40.6 percent in the week of 20 July and jumped 20 percent on 3 August on volume more than five times the 15-day average.<\/p>\n<p>The Infra.Market swap was announced nine days later, and NSE sought clarification on the move, which drew press scrutiny. The stock hit Rs 95.95 in the week of 17 August, closed that week at Rs 80.89 and is now 19 percent below the high at Rs 77.64. The Shalimar Paints share price target scenarios below account for that move.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Catalysts_for_the_Shalimar_Paints_Share_Price_Target_in_2026\"><\/span><strong>Key Catalysts for the Shalimar Paints Share Price Target in 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>4 catalysts matter most for the Shalimar Paints share price target, and sector tailwinds in Paints (reverse merger with Infra.Market) are part of the case. Together they decide whether the base case is reached.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_InfraMarket_Merger\"><\/span><strong>1. Infra.Market Merger<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A Rs 10,440 crore swap would make Hella Infra Market a subsidiary and bring a much larger business into the listed company. If it plays out, the Shalimar Paints share price target moves toward the top of the base range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Capital_Raise\"><\/span><strong>2. Capital Raise<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The board approved a QIP of up to Rs 1,000 crore and a Rs 105.86 crore preferential allotment. Fresh capital funds growth. Strength here would support the upper end of the Shalimar Paints share price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Promoter_Stake\"><\/span><strong>3. Promoter Stake<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Hella already holds about 52.85 percent. Its commitment gives the deal momentum. Delivery on this point keeps the Shalimar Paints share price target on track.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Paints_Turnaround\"><\/span><strong>4. Paints Turnaround<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A new CFO was appointed and authorised capital is being raised. Better funding could help the paints arm. Better news here would lift the Shalimar Paints share price target toward the bull case.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_the_Key_Risks_to_the_Shalimar_Paints_Share_Price_Target\"><\/span><strong>What Are the Key Risks to the Shalimar Paints Share Price Target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The main risks are deal execution, dilution, losses in the paints business and scrutiny of trading before the announcement. Each can pull the Shalimar Paints share price target lower.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Deal_Execution\"><\/span><strong>Deal Execution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The swap needs shareholder and regulatory approvals and the final ratio is yet to be set. Delay or change would hit the stock. If it materialises, the Shalimar Paints share price target would slip toward the bear case.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Dilution\"><\/span><strong>Dilution<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Hella holders would own over 77 percent of the combined entity. Minority holders face heavy dilution, press reports note. This is the main downside risk to the Shalimar Paints share price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Paints_Losses\"><\/span><strong>Paints Losses<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Q1 loss was Rs 21.26 crore and revenue fell 11 percent. The base business remains weak. A worsening here would cut the Shalimar Paints share price target toward the low end of the range.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Trading_Scrutiny\"><\/span><strong>Trading Scrutiny<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 20 percent jump on 3 August on heavy volume drew an NSE query. Regulatory action could follow, and swings can be sharp. Watch it closely, because it can pull the Shalimar Paints share price target lower quickly.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Stock_Analysis_Support_and_Resistance_Levels_for_the_Share_Price_Target\"><\/span><strong>Shalimar Paints Stock Analysis: Support and Resistance Levels for the Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints stock analysis on weekly charts shows a range of Rs 71.16 to Rs 89 since mid-September, with the stock near the middle.<\/p>\n<p>The first support level is Rs 74.50 to Rs 74.76, the lows of the weeks of 21 September and 5 October. Below that, Rs 71.16 is the low of the week of 28 September.<\/p>\n<p>The first resistance level is Rs 80 to Rs 82.36, the highs of the weeks of 5 October, 28 September and 21 September. Above that, Rs 89 is the high of the week of 14 September and Rs 95.95 is the August high. These levels come from weekly price action, are not trade recommendations, and frame the near-term Shalimar Paints share price target.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Shalimar_Paints_Share_Price_Target_2026_2027_and_2030_Short_Medium_and_Long_Term\"><\/span><strong>Shalimar Paints Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short-Term_Shalimar_Paints_Share_Price_Target_3_to_6_Months\"><\/span><strong>Short-Term Shalimar Paints Share Price Target (3 to 6 Months)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In the near term the stock is likely to trade between Rs 71 and Rs 82. A close above Rs 82.40 would put Rs 89 in play, while a weekly close under Rs 71 would open a slide toward Rs 60. Deal approvals are the main trigger. This range anchors the near-term Shalimar Paints share price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12-Month_and_2027_Shalimar_Paints_Share_Price_Target\"><\/span><strong>12-Month and 2027 Shalimar Paints Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target price is Rs 72 to Rs 94, valued on 0.85 to 1.1 times FY28 swap issue price of Rs 85. The range across scenarios runs from Rs 42 in the bear case to Rs 128 in the bull case.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Long-Term_Shalimar_Paints_Share_Price_Target_for_FY29_to_2030\"><\/span><strong>Long-Term Shalimar Paints Share Price Target for FY29 to 2030<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For FY29 to 2030 the Univest scenario range is Rs 72 to Rs 130. This assumes swap issue price of Rs 90 in FY29 and Rs 100 in FY30 and a multiple of 0.8 to 1.3 times. It needs the share swap to complete at the planned terms, regulators and shareholders to approve it and the enlarged business to deliver profit. This is the long-term Shalimar Paints share price target in the Univest scenarios.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Bear_Case_for_Shalimar_Paints_Share_Price_Target\"><\/span><strong>Bull Case and Bear Case for Shalimar Paints Share Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_102_to_Rs_128\"><\/span><strong>Bull Case Rs 102 to Rs 128<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case of Rs 102 to Rs 128 for the Shalimar Paints share price target needs swap issue price of Rs 85 and the market to pay 1.2 to 1.5 times for it. It is +31.4% to +64.9% from the last close.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Bear_Case_Rs_42_to_Rs_59\"><\/span><strong>Bear Case Rs 42 to Rs 59<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bear case of Rs 42 to Rs 59 for the Shalimar Paints share price target equals 0.5 to 0.7 times FY28 swap issue price of Rs 85 and sits above the Rs 35.21 low. It is -45.9% to -24.0% from the last close.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_Shalimar_Paints_a_Good_Buy_at_Rs_7764_Shalimar_Paints_Buy_or_Sell_View\"><\/span><strong>Is Shalimar Paints a Good Buy at Rs 77.64? Shalimar Paints Buy or Sell View<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Whether Shalimar Paints is a buy at Rs 77.64 depends on horizon and risk appetite. The base case sits between 7 percent below and 21 percent above the current price, the stock is 19 percent below its August high, and the open question is deal completion. The Shalimar Paints share price target range is the starting point for that decision.<\/p>\n<p>Long-term holders may focus on deal approvals, the swap ratio and dilution, and treat Rs 71 as the level to watch. Short-term traders may prefer to wait for a close above Rs 82.40. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Shalimar Paints buy or sell view is educational.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Shalimar_Paints_Shares\"><\/span><strong>How to Invest in Shalimar Paints Shares<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Step 1: Check the live price, valuation and the latest Shalimar Paints share price target range on the Univest Screener.<\/p>\n<p>Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Shalimar Paints share price target.<\/p>\n<p>Step 3: Search for SHALPAINTS on the NSE or 509874 on the BSE in your trading app.<\/p>\n<p>Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 42 is bearable.<\/p>\n<p>Step 5: Track deal approvals, swap ratio and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Shalimar Paints share price target.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Shalimar Paints closed at Rs 77.64 against a Univest base case share price target of Rs 72 to Rs 94, a bull case of Rs 102 to Rs 128 and a bear case of Rs 42 to Rs 59. Q1 FY27 showed a loss of Rs 21.26 crore, while a Rs 10,440 crore share swap with Infra.Market is proposed. The main risks are deal execution, dilution and trading scrutiny.<\/p>\n<p>The stock is 19.1 percent below its 52-week high, so the base case sits between 7 percent below and 21 percent above the current price. The triggers to watch are deal approvals, swap ratio and Q2 FY27 results and the Rs 71 and Rs 82.40 levels. Re-check the Shalimar Paints share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Shalimar Paints live price and get daily stock recommendations.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Shalimar_Paints_Share_Price_Target_2026\"><\/span><strong>FAQs on Shalimar Paints Share Price Target 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shalimar_Paints_share_price_target_for_2026\"><\/span><strong>What is the Shalimar Paints share price target for 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Shalimar Paints share price target for 2026 is Rs 72 to Rs 94 in the Univest base case, with a bull case of Rs 102 to Rs 128 and a bear case of Rs 42 to Rs 59. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Shalimar_Paints_share_price_target_for_2027\"><\/span><strong>What is the Shalimar Paints share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Shalimar Paints share price target for 2027 is Rs 72 to Rs 94 in the base case, valued on 0.85 to 1.1 times FY28 swap issue price of Rs 85. The scenario range runs from Rs 42 to Rs 128.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Shalimar_Paints_a_good_buy_at_Rs_7764\"><\/span><strong>Is Shalimar Paints a good buy at Rs 77.64?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Whether Shalimar Paints is a good buy at Rs 77.64 depends on your horizon, risk appetite and how you read the Shalimar Paints share price target. The stock trades on the proposed swap, but the paints business is loss-making and dilution would be heavy, so it is high risk. Consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_risks_to_the_Shalimar_Paints_share_price_target\"><\/span><strong>What are the key risks to the Shalimar Paints share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The key risks to the Shalimar Paints share price target are deal execution, dilution, paints losses and trading scrutiny. The swap needs shareholder and regulatory approvals and the final ratio is yet to be set. Delay or change would hit the stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_catalysts_for_the_Shalimar_Paints_share_price_target\"><\/span><strong>What are the key catalysts for the Shalimar Paints share price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The key catalysts for the Shalimar Paints share price target are infra.market merger, capital raise, promoter stake and paints turnaround. A Rs 10,440 crore swap would make Hella Infra Market a subsidiary and bring a much larger business into the listed company.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_track_Shalimar_Paints_share_price_today_and_Shalimar_Paints_share_price_target_updates\"><\/span><strong>Where can I track Shalimar Paints share price today and Shalimar Paints share price target updates?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can track the live Shalimar Paints share price, results and any change to the Shalimar Paints share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_Shalimar_Paintss_52-week_high_and_low\"><\/span><strong>What are Shalimar Paints&#8217;s 52-week high and low?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Shalimar Paints&#8217;s 52-week high is Rs 95.95 and its 52-week low is Rs 35.21, based on weekly NSE data. At Rs 77.64 the stock is 19.1 percent below the high and 120.5 percent above the low. Both levels frame the Shalimar Paints share price target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_buy_Shalimar_Paints_shares\"><\/span><strong>How to buy Shalimar Paints shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Open a demat account with a SEBI-registered broker such as Univest, search for SHALPAINTS on the NSE or 509874 on the BSE, and place a limit order near your entry price, using the Shalimar Paints share price target range as a guide. Size the position so a fall to Rs 42 is bearable, and check the live price on the Univest Screener first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Shalimar Paints share price target for 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Shalimar Paints share price target for 2026 is Rs 72 to Rs 94 in the Univest base case, with a bull case of Rs 102 to Rs 128 and a bear case of Rs 42 to Rs 59. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.\"}},{\"@type\":\"Question\",\"name\":\"What is the Shalimar Paints share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Shalimar Paints share price target for 2027 is Rs 72 to Rs 94 in the base case, valued on 0.85 to 1.1 times FY28 swap issue price of Rs 85. The scenario range runs from Rs 42 to Rs 128.\"}},{\"@type\":\"Question\",\"name\":\"Is Shalimar Paints a good buy at Rs 77.64?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Whether Shalimar Paints is a good buy at Rs 77.64 depends on your horizon, risk appetite and how you read the Shalimar Paints share price target. The stock trades on the proposed swap, but the paints business is loss-making and dilution would be heavy, so it is high risk. Consult a SEBI-registered advisor before investing.\"}},{\"@type\":\"Question\",\"name\":\"What are the key risks to the Shalimar Paints share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The key risks to the Shalimar Paints share price target are deal execution, dilution, paints losses and trading scrutiny. The swap needs shareholder and regulatory approvals and the final ratio is yet to be set. Delay or change would hit the stock.\"}},{\"@type\":\"Question\",\"name\":\"What are the key catalysts for the Shalimar Paints share price target?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The key catalysts for the Shalimar Paints share price target are infra.market merger, capital raise, promoter stake and paints turnaround. A Rs 10,440 crore swap would make Hella Infra Market a subsidiary and bring a much larger business into the listed company.\"}},{\"@type\":\"Question\",\"name\":\"Where can I track Shalimar Paints share price today and Shalimar Paints share price target updates?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can track the live Shalimar Paints share price, results and any change to the Shalimar Paints share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.\"}},{\"@type\":\"Question\",\"name\":\"What are Shalimar Paints's 52-week high and low?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shalimar Paints's 52-week high is Rs 95.95 and its 52-week low is Rs 35.21, based on weekly NSE data. At Rs 77.64 the stock is 19.1 percent below the high and 120.5 percent above the low. Both levels frame the Shalimar Paints share price target.\"}},{\"@type\":\"Question\",\"name\":\"How to buy Shalimar Paints shares?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Open a demat account with a SEBI-registered broker such as Univest, search for SHALPAINTS on the NSE or 509874 on the BSE, and place a limit order near your entry price, using the Shalimar Paints share price target range as a guide. Size the position so a fall to Rs 42 is bearable, and check the live price on the Univest Screener first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shalimar Paints share price target 2026: base case Rs 72 to Rs 94 against Rs 77.64 after Shalimar Paints approved a Rs 10,440 crore share swap with Infra.Market while Q1 FY27 loss was Rs 21 crore.<\/p>\n","protected":false},"author":34,"featured_media":292657,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[9600,9601,9602,9595,9597,9598,9603,9596,9599],"class_list":["post-134249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-shalimar-paints-infra-market","tag-shalimar-paints-q1-fy27-results","tag-shalimar-paints-share-price-forecast","tag-shalimar-paints-share-price-target","tag-shalimar-paints-share-price-today","tag-shalimar-paints-stock-analysis","tag-shalimar-paints-stock-price-target-2027","tag-shalimar-paints-target-price","tag-shalpaints"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1791365145:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["842"],"rank_math_seo_score":["82"],"rank_math_title":["Shalimar Paints Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27"],"rank_math_description":["Shalimar Paints share price target 2026: base case Rs 72 to Rs 94 against Rs 77.64 after Shalimar Paints approved a Rs 10,440 crore share swap with Infra.Market while Q1 FY27 loss was Rs 21 crore."],"rank_math_focus_keyword":["Shalimar Paints share price target"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"],"_thumbnail_id":["292657"],"_edit_last":["29"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["22216"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/shalimar-paints-share-price-target-2026-stock-analysis-share-price-today-bull.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/134249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=134249"}],"version-history":[{"count":2,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/134249\/revisions"}],"predecessor-version":[{"id":292658,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/134249\/revisions\/292658"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/292657"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=134249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=134249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=134249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}