New Delhi, Nov. 21 -- Asian Paints, the market leader in the paints segment, has seen a sharp rebound in its stock over the last six months. The stock is already up 15% in November after a 7% rally in October this year, painting a contrasting picture over last year.

During the same time in 2024, Asian Paints stock was witnessing a brutal selloff, shedding 35% in three months between October and December as investors turned fretful over the entry of Grasim-backed Birla Opus in the paints segment.

Birla, which launched in February 2024, dented some of Asian Paints' dominance and grew rapidly to garner a near 7% market share by March 2025, Elara Capital data shows.

However, Asian Paints, the market leader, has become very aggressive over ...