October 13, 2025—Asian Paints Ltd., the undisputed leader in India’s decorative paints market, bucked the positive tide of the broader market today, with shares declining 1.1% to close at Rs 2,342.50 on the BSE, underperforming the Nifty 50 index that rose 0.4% to end at 25,150. This slip, the second consecutive session of losses, has wiped out Rs 1,000 crore from the company’s market capitalization, now standing at Rs 2.24 lakh crore, amid lingering concerns over softening rural demand and escalating raw material costs.