<ul data-eligibleForWebStory="false"><li>CCI launched a formal investigation against Asian Paints for allegedly abusing its dominant position in the market.</li><li>Shares of Asian Paints rose nearly 2% following the news of the investigation.</li><li>Asian Paints' stock price rose 1.86% to Rs 2,464.40 apiece but later pared gains to trade 1.15% higher at Rs 2,447.30 apiece.</li><li>Analysts suggest a downside of 5.5% for Asian Paints as the company faces the CCI probe.</li></ul>

Asian Paints Share Price Gains Amid CCI Probe

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