Asian Paints shares slide 9.5% as Q2 results disappoint, analysts cut TP

Asian Paints shares slide 9.5% as Q2 results disappoint, analysts cut TP

During intraday trading on Monday, November 11, shares of Asian Paints, the nation’s top paint and décor company, dropped 9.5% to ₹2,506 a share, the lowest level since April 2021. The company’s poor September quarter (Q2) earnings, which fell short of analysts’ forecasts in every way, were the cause of this decline. Soft demand circumstances, […]

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