CEAT
Ceat’s CapEx of Rs 1,200 crore will be used in two phases: Kumar Subbiah, CFO
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.
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CEAT share price: Prabhudas Lilladher maintains Accumulate rating with price target of Rs 1472
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
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Ceat posts 3-fold jump in standalone Jan-Mar net profit to Rs 141.84 crore
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
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Amara Raja, Axis Bank, CEAT to HPCL - Top Diwali 2020 Picks for HDFC Securities
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.
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