IS THERE ANY RELATION BETWEEN HINDZINC, HINDALCO, IOC etc with price movoement of zinc and crude oil

Stocks
1

stock price of hindzinc is affected by price of zinc and vice versa?

2

i think yes, as zinc and crude oil is the raw material for hindustan zinc and hindalco and crude oil for iocl.
see, if the prices of raw material increases, then companies might have to cough up more money for buying the same amount of raw material at the higher price and for that reason if the company has ample amount of capital for purchasing, then ok, otherwise, the company has to take loan and if they take the loan amount of 3 to 4 times their market capitalization, therefore there is dilution in earnings and therefore the projects which company undertakes gets delayed. so, everything which goes in the making of finished product of the company, if its price increases, then there are both effects, good and bad on the share price. in short, shares prices are affected by any good and bad news associated with it but still it gives best returns than any other asset class.
happy trading to you.

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3

thanks for explanation