Shares of Asian Paints Ltd, the country's largest paint manufacturing company, hit their fresh 52 week high for the second straight session on the back of stellar Q2 earnings. Asian Paints stock rose 4.49% to a fresh 52 week high of Rs 2,898.20 today. Market cap of the firm stood at Rs 2.74 lakh crore. The shares are trading higher than the 5 day, 20 day, 30 day, 50 day, 100 day and 200 day moving averages. Advertisement

In a year, the stock has gained 16 per cent and gained 24% in 2025.

Total 2.67 lakh shares of the firm changed hands amounting to a turnover of Rs 76.65 crore. The stock is oversold on charts with a Relative Strength Index (RSI) of 80.8.

Nuvama is bullish on the outlook of the stock.

The brokerage expects further improvement in demand trends, particularly in urban ma

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