ilmscore | Prediction Details
"as far as the chemical sector is concerned if you have seen if you have seen the market today then majority of the chemical related stocks were down by almost 1% reason is very simple for all chemical stocks major I mean for majority of them I can say the major raw material is crude oil and natural gas also. Now if again because of the war there is a there's a shortage in the supply of crude and natural gas then obviously for them it is going to be like raw materials will become more expensive and that is the reason why it can impact their EBITDA margins and ultimately their profit margins, so it may have a negative impact on the overall chemical sector."
By CA Rachana Phadke Ranade | October 9, 2023 | Pending
From video
Israel war and impact on Indian markets | CA Rachana Ranade 00:05:37 - 00:06:13
Interpreted Prediction
The chemical sector is likely to experience a negative impact due to rising raw material costs (crude oil and natural gas) caused by war-related supply shortages, affecting EBITDA and profit margins.

Prediction Details

Topic
Chemical Sector

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.