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Home»Business»Asian Paints share price drops amid CCI order; company says, ‘will take legal recourse’ | Business News
Business

Asian Paints share price drops amid CCI order; company says, ‘will take legal recourse’ | Business News

July 4, 2025No Comments3 Mins Read
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Asian Paints Limited is a component of the BSE Sensex.
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Asian Paints Share Worth, Asian Paints Share Worth Right this moment: Shares of Asian Paints Restricted are in focus right now (Friday, July 4) after the Competitors Fee of India (CCI) handed an order directing the Director Normal to provoke an investigation in opposition to the Firm.

Shares of Asian Paints fell lower than 1 per cent and traded at Rs 2426.90 apiece, at round 12:19 pm. The inventory opened at Rs 2430.90 right now. Round 3.10 lakh shares modified palms on the identical time.

Asian Paints CCI Allegations

In an trade submitting on July 3, the corporate acknowledged that it’s reviewing the order handed by honest commerce regulator. The corporate added that it’ll cooperate with the CCI within the investigation over allegations of exclusionary practices.

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“The Firm is at the moment reviewing the Order and can take applicable authorized recourse. The Firm stays dedicated to completely cooperating with the CCI throughout the course of the investigation,” the corporate stated in a regulatory submitting.

Asian Paints Share Worth Historical past

Asian Paints Restricted is a part of the BSE Sensex. In keeping with the BSE analytics, shares of Asian Paints Ltd gave a optimistic return of two.78 per cent and 6.12 per cent within the final 1 week and a couple of weeks, respectively. Prior to now 1 month and three months, shares of the corporate gained 7.81 per cent and a couple of.96 per cent, respectively.

Nonetheless, shares of the corporate fell 17.57 per cent and 27.57 per cent within the final 1 yr and a couple of years, respectively. Prior to now 5 years and 10 years, shares of the corporate up 42.97 per cent and 214.04 per cent, respectively.

Asian Paints Dividend Historical past

This yr, Asian Paints paid a dividend of Rs 20.55 in June. Final yr, the corporate paid dividends of Rs 28.15 and Rs 4.25 in June and November, respectively.

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Asian Paints Bonus Historical past

Asian Paints issued bonuses for its shareholders within the ratio of three:5 in 2000.

In keeping with an ICICI Direct report, the scale of the India Paint and Coatings Market is estimated at USD 9.60 billion in 2024. It’s anticipated to achieve USD 15.04 billion by 2029, rising at a CAGR of 9.38 per cent between 2024 and 2029, experiences PTI.

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