Asian Paints shares have dropped 5%
Asian Paints shares: Asian Paints Ltd shares have extended their decline, dropping over 16% in the year 2023 thus far. The stock received a downgrade from CLSA, indicating potential further downside, particularly following Grasim Industries’ entry into the paint business. The overseas brokerage firm CLSA, based in Hong Kong, has downgraded the stock to ‘sell’….