Forgotten bluechip! Asian Paints shares near 4-year-low, will 2025 be a comeback year?
- Posted on December 23, 2024
- By Business News Today
- 1 Views
Forgotten bluechip! Asian Paints shares near 4-year-low, will 2025 be a comeback year?
Asian Paints, a once-favored bluechip stock, is nearing a 4-year low due to industry slowdown, margin pressures, and competition from Birla Opus. Analysts predict a potential recovery in 2025 as competitive pressures ease and demand revives, making the stock attractive for long-term investors.