Asian Paints faces near-term headwinds as weak Q3 dampens sentiment

Asian Paints stock dropped after a weak December quarter. Softening demand, extended monsoon, and competition impacted sentiment. The company expects market share gains in waterproofing and home decor. Despite slower decorative volume growth, margins expanded due to lower raw material costs. Brokerages have trimmed earnings estimates. Cost savings and new products will support profitability as demand recovery remains gradual.

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EMS players rally after govt extends customs duty sops

Electronic manufacturing services players’ shares rose Thursday after duty concessions were extended. This relief covers machinery for lithium-ion battery and display component manufacturing. The government’s

July 10, 2026

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