Asian Paints share price gains 0.57% to ₹2,416.60 on September 16

Key Takeaways

• Asian Paints added ₹13.80 or 0.57% to finish at ₹2,416.60 after moving across a ₹48 intraday range. 
• All three displayed moving averages remained more than ₹169 above the closing price, with the 50-day DMA at ₹2,614.80. 
• Six-month return remained positive at 10.01%, although one-month, three-month and one-year readings were all negative. 

Asian Paints share price closed September 16 at ₹2,416.60, up ₹13.80 or 0.57% from the previous close of ₹2,403. The share started at ₹2,405, dipped to ₹2,397 and later climbed to ₹2,445. The full trading range was ₹48. 

By the end of the session, Asian Paints had gained ₹11.60 from its opening price. It finished ₹19.60 above the day's low and ₹28.40 below the high. Volume totalled 613,936 shares, while market capitalisation stood at ₹2,31,800 crore. 

The moving averages remained well above the closing price and were tightly grouped relative to their distance from the share. The 50-day DMA stood at ₹2,614.80, leaving a ₹198.20 gap. Its 100-day DMA was ₹2,612, which was ₹195.40 higher. The 200-day average came in at ₹2,585.90, or ₹169.30 above the close. Only ₹28.90 separated the highest and lowest of these three averages. 

Asian Paints' 52-week range extended from ₹2,115 to ₹2,986. At ₹2,416.60, the share finished ₹301.60 above the annual low and ₹569.40 below the high. The latest session high of ₹2,445 remained ₹541 below the 52-week peak. 

Return figures told a mixed story across periods. One month stood at -10.37% and three months at -11.78%. Six months moved into positive territory at 10.01%, while the one-year reading was -3.44%. The difference between the six-month and three-month figures reached 21.79 percentage points. 

September 16 itself was a positive session, but its 0.57% gain was small beside those longer-period swings. The closing price remained below all three DMAs, while the annual low was still more than ₹300 below the final value. The day's ₹48 range was also modest compared with the ₹871 spread between the stock's 52-week endpoints.