Asian Paints, MRF, other paint and tyre stocks rally up to 9% as oil prices crash below $95
Paint and tyre company shares surged on Wednesday as oil prices dropped significantly. This followed a ceasefire agreement between the US and Iran, leading to the reopening of the Strait of Hormuz. The development eased concerns about rising raw material cost…
The News Flicker
Paint and tyre company shares surged on Wednesday as oil prices dropped significantly. This followed a ceasefire agreement between the US and Iran, leading to the reopening of the Strait of Hormuz. The development eased concerns about rising raw material cost…
Shares of paint and tyre companies such as Asian Paints, MRF, and Apollo Tyres rallied up to 9% on Wednesday as oil prices crashed around 15% following a two-week ceasefire agreement between the US a…
Originally published by The Times of India. Read the full article →
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