Thu, Oct 17, 2024
Tyre maker Ceat on Thursday said its consolidated profit after tax declined 42 per cent year-on-year to Rs 121 crore for the second quarter ended September 2024 on account of an increase in commodity prices.
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Thu, Jul 18, 2024
Tyre maker CEAT's revenue increased to Rs 3,193 crore in the first quarter as against Rs 2,935 crore in the year-ago period, according to a regulatory filing.
Wed, Jul 17, 2024
Brokerage Prabhudas Liladhar has chosen three tyre stocks for investors. The brokerage has placed its bet on JK Tyre, CEAT, and Apollo Tyres stocks and said from the technical chart point of view, these stocks are good earners.
Tue, Apr 12, 2022
Indian multinational tire manufacturing company CEAT Limited has landed in Metaverse after the Indian jewellery brand Tanishq.
Thu, Feb 03, 2022
Shares of tyre companies traded negative in the early trade on the BSE on Thursday, a day after Competition Commission of India (CCI) imposed a penalty of approximately Rs 1,788 crore on five tyre companies.
Wed, Feb 02, 2022
Competition Commission of India (CCI) has imposed penalty of approximately Rs 1650 crores on five tyre companies.
Thu, Jan 20, 2022
Tyre manufacturer CEAT shares touched a new 52-week low of Rs 1051.3 per share, after slipping by over 7 per cent on the BSE intraday trade on Thursday, on the back of weak set of third quarter numbers for the financial year 2021-22 (Q3FY22).
Tue, Oct 26, 2021
The Indian markets closed on a positive note for second session in a row, on Tuesday. In the last hour, the surge in metal and auto stocks led Sensex gain almost 400 points, while Nifty50 was above 18250-level.
Tyre maker Ceat Ltd on Monday reported a 77 per cent decline in consolidated net profit at Rs 42.28 crore for the second quarter ended September 30, impacted by higher input costs
Mon, Oct 25, 2021
Tyre maker Ceat Ltd on Monday reported a 77 per cent decline in consolidated net profit at Rs 42.28 crore for the second quarter ended September 30, impacted by higher expenses, specially cost of materials consumed.
Fri, Jul 23, 2021
Kumar Subbiah, Chief Financial Officer, CEAT Tyres Limited says the Rs 1,200 crore will be used in two phases, approximately Rs 700 crore will be invested now, and the balance will be invested depending upon the volume growth in that period.
Fri, May 07, 2021
CEAT Share Price: Prabhudas Lilladher said that CEAT’s 4QFY21 consolidated results missed estimates, as margin came lower at 11.4% (-130bp YoY/ 340bp QoQ) led by raw material headwinds and lower replacement mix. As gross margins are anticipated to remain weak in H1 due to RM inflation (+8-10% increase in Q1) and weaker mix (replacement share to normalize to 60% v/s 65% in H2
Wed, May 05, 2021
Tyre maker Ceat Ltd on Wednesday reported a nearly three-fold increase in standalone net profit to Rs 141.84 crore in the March quarter of the previous fiscal. The company had posted a standalone net profit of Rs 50.12 crore in Q4 FY20
Thu, Nov 05, 2020
Auto sector has been outperforming for the last many months, so HDFC Securities have picked Amara Raja Batteries and CEAT. Private Banking space has seen good up move due to better than expected numbers and good management commentary. HPCL has been consolidating for a while, positive news on buyback can move the stock price on the upside.
Fri, Oct 16, 2020
JM Financial says gross margin expansion in FY21 is likely to sustain, robust demand recovery and low crude oil prices will keep the tyre sector rolling.
Mon, Aug 05, 2019
HDFC Ltd reported a core operating profit of Rs 34 billion, aided by robust assignment/securitisation income and lower expenses.
Wed, Jun 26, 2019
Volumes of Chinese tyres have now come down from 150,000 per month to 30,000 units per month. Patil reportedly said that this would further go down in the coming months post this decision.
Mon, Jul 09, 2018
Tyre manufacturer CEAT Ltd today said it would manufacture radial tyres for lorries, buses, and cars and also two-wheeler tyres in its proposed facility at Sriperumbudur, for which it inked a pact with Tamil Nadu government last week, reported PTI.
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