ASIANPAINT 1D Time frameCurrent Status
Price: ~ ₹2,546
It is well below its 52-week high (~₹3,394) and above its 52-week low (~₹2,125)
Market capitalization is large; the stock is considered a large-cap, stable name in decorative paints
Key Metrics
P/E (TTM) is high (≈ 67-70) → indicates expensive valuation relative to earnings
P/B is also elevated (≈ 12-13)
Return on Equity (ROE) ~ 18-20% — reasonable, not exceptional but solid
Bullish Scenario
If Asian Paints can reclaim and hold above ~₹2,550-₹2,600, it may move toward retesting higher resistance levels around ~₹2,750-₹3,000
