Asian Paints breaks ₹2,400; analyst sees rally toward ₹2,520
Asian Paints Ltd shares closed above ₹2,400, confirming a bullish breakout from a rounding bottom pattern. Analyst Anupam Bajpai said the stock now trades above its 200-day moving average, turning resistance into support. A move toward ₹2,520 is likely if momentum holds. Asian Paints reported a 6% year-on-year decline in consolidated net profit for the June quarter.