Asian Paints surges 2.7% as investors rush ahead of dividend ex-date
The stock remains well below its 52-week high of ₹2,985.70 hit in December 2025, and is down roughly 12.5% year-to-date
Asian Paints shares surged 2.7% on Tuesday as investors rushed to secure an interim dividend of ₹5.75 per share, with the stock trading at ₹2,408.50 by midday. The ex-date and record date for the payout are Wednesday, November 4, making today the last session for buyers to qualify. Traded volumes reached 12.55 lakh shares worth ₹303.05 crore by 12:45 pm, indicating above-normal activity.
Despite the positive sentiment, the stock remains below its 52-week high of ₹2,985.70 and is down roughly 12.5% year-to-date. Analyst sentiment is broadly constructive but cautious, with some analysts maintaining a Buy rating while others have revised targets lower due to near-term input cost pressures and weaker-than-expected EBITDA margins.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
