Asian Paints share price rises 1.05% to ₹2,344.30 on November 2

Key Takeaways

• Asian Paints ended at ₹2,344.30, up 1.05%, after opening at ₹2,323 and reaching an intraday high of ₹2,372.
• The share remained below the 50-day DMA of ₹2,427.40, 100-day DMA of ₹2,495.50 and 200-day DMA of ₹2,526.90.
• All four displayed return periods remained negative, ranging from -2.60% over one month to -14.67% over three months.

Asian Paints share price closed November 2 at ₹2,344.30, a gain of 1.05% from the previous close of ₹2,320. The stock opened at ₹2,323 and did not trade below that rounded opening level, according to the displayed session data. It advanced as high as ₹2,372 before ending ₹27.70 below the high. Volume for the session reached 825,196 shares.

The intraday range measured ₹49 between ₹2,323 and ₹2,372. Although the stock finished higher for the day, the close remained below the midpoint between its key shorter- and longer-term moving averages. Its 50-day DMA was ₹2,427.40, placing the closing price ₹83.10 lower. The 100-day average stood at ₹2,495.50, while the 200-day DMA was higher again at ₹2,526.90.

That meant Asian Paints ended ₹151.20 below its 100-day DMA and ₹182.60 below its 200-day DMA. The order of the displayed moving averages was also clear, with the 50-day below the 100-day and the 100-day below the 200-day figure. No directional inference is required from that arrangement; it simply describes where the November 2 close sat against the reported averages.

The 52-week range extended from ₹2,115 to ₹2,986. At ₹2,344.30, the share was ₹229.30 above the annual low and ₹641.70 below the annual high. The latest close therefore remained substantially farther from the high than from the low.

Recent return figures were negative across every displayed period. One-month performance was -2.60%, while three months showed -14.67%. The six-month return was -4.10%, and the one-year figure was -6.63%. The three-month decline was the largest of those four periods.

November 2 provided a positive daily move, but the stock still closed below all three key DMAs and remained well below its 52-week high.