Asian Paints share price closes at ₹2,509.30, declines 0.78% on November 9

Key Takeaways

• Asian Paints finished at ₹2,509.30, down 0.78%, after trading in a ₹46 range between ₹2,493 and ₹2,539.
• The close was ₹72.60 above the 50-day DMA but ₹14.10 below the 200-day DMA of ₹2,523.40.
• One-month performance was positive at 8.55%, although three-month, six-month and one-year returns remained negative.

Asian Paints share price closed at ₹2,509.30 on November 9, a decline of ₹19.70 or 0.78%. The share opened at ₹2,529, the same rounded level as its previous close, before reaching an intraday high of ₹2,539 and low of ₹2,493. The ₹46 session range left the closing price ₹16.30 above the low and ₹29.70 below the high. Volume reached 1,021,112 shares.

The relationship with the moving averages was mixed. Asian Paints ended ₹72.60 above the 50-day DMA of ₹2,436.70 and ₹16.80 above the 100-day DMA of ₹2,492.50. Its 200-day DMA was ₹2,523.40, meaning the closing price was ₹14.10 below that longer measure. The three averages were therefore spread across both sides of the November 9 close.

Its 52-week low stood at ₹2,115, while the annual high was ₹2,986. The final price was ₹394.30 above the low and ₹476.70 below the high. Market capitalisation stood at ₹2,40,692 crore. The stock's position within the annual range was less compressed than some of the day's Nifty constituents, with several hundred rupees separating the close from either extreme.

Recent return periods also moved in different directions. Asian Paints posted an 8.55% one-month return. The three-month figure was negative 8.25%, six-month performance was negative 3.48%, and the one-year return was negative 4%. The one-month gain therefore contrasted with each of the three longer periods shown on the 5paisa page.

The daily move itself was moderate relative to the ₹46 range. From the ₹2,493 low, the stock recovered ₹16.30 by the close, but it remained below both its opening price and previous close. The final price sat between the 100-day and 200-day moving averages, while staying comfortably above the 50-day DMA.