Bengaluru, July 2 -- A leading Indian paints manufacturer, renowned for its dominant market presence and extensive product portfolio, faces regulatory scrutiny. The Competition Commission of India (CCI) has ordered an investigation into alleged anti-competitive practices by the company, placing its shares under intense investor focus amid concerns over potential market conduct violations.

Asian Paints Limited's stock, with a market capitalisation of Rs. 2,27,166 crores, fell to Rs. 2,327, hitting a low of up to 1.8 percent from its previous closing price of Rs. 2,369.50. Furthermore, the stock over the past year has given a negative return of 19 percent.

Anti-competitive Behavior The Competition Commission of India (CCI) has ordered an ...