Asian Paints Extends Rally for Third Straight Session, Jumping 4.83%

Mumbai, October 17: Asian Paints Limited’s share price witnessed a rally today, after the company’s new white cement plant in Fujairah, UAE, began operations. As of 12:30 PM, the shares were up by 4.83%, or 116.50 points, and were trading at ₹2,526.20. Until now, the shares have traded within a range of ₹2,544 and ₹2,421. The traded volume stood at 27.13 lakh shares, with the company’s market cap at ₹2,31,138 crore. The shares have their 52-week high at ₹3,103.55 and their 52-week low at ₹2,124.75.

Global Expansion

The rise in the share price comes after the company announced that its new white cement manufacturing facility has started operations, which is located in Fujairah, UAE. The plant has an annual capacity of 2,65,000 tonnes, which will help Asian Paints expand its global operations. The announcement comes as investors await the company’s board meeting scheduled for November 12, 2025. The board is expected to review Q2 FY26 financial results and a potential interim dividend.

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