Asian Paints' shares hit a 52-week low after key executives resigned and Q2 profits dropped 42.4%.
Asian Paints, India's leading paint company, saw its shares fall to a 52-week low after two senior executives resigned. Shyam Swamy and Vishu Goel left the company on December 17 due to personal reasons. Gagandeep Singh Kalsi will take over Décor and Services roles starting December 23. The company's Q2 net profit fell by 42.4%, contributing to a significant stock decline over the past year.
3 months ago
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