“Dalal anticipates that the full impact of crude supply disruptions will begin to reflect in corporate earnings in Q1, leading to significant pain. He identifies crude-derivative dependent sectors such as paints, tyres, adhesives, and packaging as facing immediate risks due to margin compression. Additionally, he warns of potential plant shutdowns across industries in the near term due to lean inventories and strained supply chains if replenishment issues persist.”

Sameer Dalal’s track record: 3 graded calls · 95% CI 6–79%