Can Asian Paints shares tumble to Rs 2,000? Brokerages weigh in

Asian Paints shares fell 5% after weak Q3 earnings, with net profit down 23% YoY. Brokerages slashed target prices, citing competition, pricing pressures, and demand slowdown. Some expect further declines, while Macquarie remains optimistic. The stock has dropped 27% in six months, with analysts divided on recovery prospects.