Tyre and paints stocks climbed on May 4, 2023, supported by a fall in the price of crude oil. In the international market, crude oil declined nearly 9 per cent in the last two days. Crude oil is one ...
Shares of crude derivative firms, such as paint players and tyre companies, soared in trade on Monday, May 5 as crude oil prices cooled off significantly amid concerns of a supply glut. India, which ...
Shares of paint and tyre companies experienced substantial declines on Thursday as crude oil prices reversed their earlier downtrend. (Photo: Bloomberg) Stocks of paint and tyre companies faced ...
The fall in crude oil prices is expected to boost the profit margins of India Inc, especially that of paint and tyre companies, as the derivative from crude oil is the basic raw material in these ...
Lower crude oil prices will decrease under-recoveries of public sector oil marketing companies on domestic sale of liquefied petroleum gases and kerosene at government-controlled prices. Photo: AFP ...
Amid cooling raw material prices, the crude-oil linked companies, which includes paint and tyre firms, have been on a roll over the past one year. Shares of related companies have gained up to 84 per ...
Among the top gainers, InterGlobe Aviation (IndiGo) surged 10 percent, emerging as the biggest beneficiary of falling crude prices. Paint companies' stocks rallied on expectations of easing input cost ...
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