Exit Rain Inds for Time Being.
China Raising Huge capacity for CPC & CPT which are two main products of Rain.
US Sanctions on Russia will affect Rain as it has 3,00,000 Tons of Coal Tar distiller Facility in Russia which forms approximately 1/5 the of Rain Revenues.
Margins could be under pressure.
Rain can correct more. We can add on dips
It can correct too 330-310-270-240 Levels also.