Asian Paints shares rally 6%. Here are 4 reasons behind the surge today

Asian Paints shares surged after the sudden resignation of Birla Opus CEO Rakshit Hargave, who is set to become CEO of Britannia Industries from December 15. The move stirred investor sentiment as Birla Opus, the Aditya Birla Group’s paint venture and Asian Paints’ key rival, faces a leadership vacuum just 18 months after its launch.