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Asian Paints Q1 Results Review - Demand Remains Sluggish; Maintain Hold: Axis Securities

The brokerage believes the stock is likely to see sideways movement owing to increased competition from the new entrants which will keep the profitability under check in the near term.

<div class="paragraphs"><p>A brush with red paint. (Source: freepik)</p></div>
A brush with red paint. (Source: freepik)
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