Asian paints shares: Drop 9% as analysts warn about disappointing Q2 results.
Asian Paints shares dropped over 9% on November 11 after several brokerages voiced concerns about its disappointing Q2 FY25 performance. The company faced weak demand and rising competition, leading to a sharp fall in its stock price.
By 9:20 AM, the stock was down over 7%, trading at ₹2,565. So far this year, it has lost nearly 25%, underperforming the Nifty 50, which has gained 10% during the same period.