neutral
Recently
Asian Paints Q3 results show muted decorative volume growth
Asian Paints posted muted decorative business volume growth in Q3, with stable margins and a cautious outlook amid demand and pricing pressures.
Asian Paints reported muted volume growth in its decorative paints business for the December quarter, reflecting subdued urban demand and competitive pricing pressure. Gross margins remained stable, supported by softer raw material costs, while management maintained a cautious outlook on near-term demand recovery. The company indicated gradual improvement ahead, with rural demand and premium segments expected to support growth as input cost trends remain favorable.