Asian Paints Ltd Surges 2.13%

BSE reported movement of 2.13%, 6.97% and 6.83%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -2.4% on the day at ₹2,366.30, and has returned -13.4% over three months. It sits 20% below its 52-week high. The cement & construction sector has moved -12.9% over the same period, so Asian Paints is running 0.5 points behind its peers.

For Asian Paints, the question is how much of this is already reflected in the price and how much re-rates the cement & construction peer set alongside it.