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.
Angel One shares have experienced a significant correction, dropping nearly 14% over the past two weeks and 8% in the last week. After reaching a
So, what we think is that the price correction is largely done. We could see small bit here and there, maybe around 23,500 but then
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