Crude oil prices, currently below $80 per barrel, impact around 40% of the raw material costs for paint companies as the cost of binders – a key input material – is linked to the prices of crude oil.
Transrail Lighting stock soars 58% in 3 months driven by strong revenue growth, robust order pipeline
Transrail Lighting’s stock has surged following strong Q1 results, driven by double-digit revenue and profit growth. The EPC company, specializing in power transmission and distribution,