Rain Industries – Exit For time being due to Political Instability.

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.

One thought on “Rain Industries – Exit For time being due to Political Instability.

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