Home / BUSINESS / How does rise or fall in Crude Oil Prices affect Listed Indian Companies!
How does rise or fall in Crude Oil Prices affect Listed Indian Companies!

How does rise or fall in Crude Oil Prices affect Listed Indian Companies!

Effect of Crude Price Oil Prices on different Sectors

Shares of oil marketing companies, local airlines, tyre firms and paint companies have some co relation to crude prices.

If crude prices rises then below stocks has tendency to fall downside.

If crude prices falls then below stocks has tendency to rise upside.

CRUDE Vs PAINT COMPANIES

For paint companies (like Asian paints,  Berger paints) the fall in crude oil prices is beneficial While rise in crude oil prices is NOT beneficial as crude oil derivatives is used as inputs for paints.

CRUDE VS TYRE COMPANIES

There is a healthy correlation between crude price and rubber prices as they move parallel with each other. CEAT and MRF are major gainer from fall in crude prices while they are major losers from rise in crude prices.

Comments

About Yash Dugar

Yash Dugar
Yash is a passionate entrepreneur who is the Founder of Investment Research firm named CREALTH RESEARCH! Being a NISM Certified Investment Advisor he has done GFMP course from BSE Institute and a CFP in making. He has also been the curator of TEDxBESC & is a die heart social worker actively working with two NGO's namely Yahvi & Tiljala Shed. Can be reached at [email protected]

Check Also

Rs. 17000 Crore transferred by PM Narendra Modi to nearly 8.5 Crore farmers under PM-KIASN through direct benefit transfer to Aadhaar linked bank accounts

Rs. 17000 Crore transferred by PM Narendra Modi to nearly 8.5 Crore farmers under PM-KISAN through direct benefit transfer to Aadhaar linked bank accounts

Prime Minister Narendra Modi today launched a new Central Sector Scheme of financing facility under …

Leave a Reply

Your email address will not be published. Required fields are marked *

Postman,Postman News,Postmannews,Piyush Goyal education,Suresh Prabhu education