asian paints shares: Asian Paints shares fall 6% post Q3 earnings

Asian Paints shares dropped due to disappointing December quarter earnings. Kotak Institutional Equities recommended a 'Reduce' rating, Motilal Oswal reiterated a 'Neutral' view, while Nuvama remained upbeat with a buy recommendation. Asian Paints reported a 35% YoY rise in consolidated net profit for the quarter. Consolidated revenue from operations grew by 5.4% YoY.

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