Ceat looks to strengthen global play; focuses on developing tyres to suit different marketsCeat is actively developing specialized tires for global markets, including Europe and the US, with the ambition of becoming a recognized i...
CEAT shares rally 12%, hit 52-week high as Q2 net profit surges 54% on strong GST-led domestic demandCEAT Ltd shares surged to a 52-week high after reporting strong Q2 results, with net profit up 54% and revenue rising 12% YoY. EBITDA margi...
CEAT shares can rally 16%, says Nuvama Institutional Equities: Here’s whyWith a price target of Rs 3,900, the domestic brokerage forecasts an upside potential of over 16% from the last closing price of Rs 3,353 p...
Ceat completes acquisition of Camso OHT, tracks businessCeat has finalized its acquisition of Michelin Group's Camso off-highway tyres and tracks business, marking a significant step in Ceat's am...
Ceat expects Camso integration to boost its topline by 10-15%Ceat anticipates a 10-15% revenue boost following the integration of Camso, acquired from Michelin for USD 225 million. This acquisition pr...
I-Sec downgrades Ceat to Hold, target price Rs 3,625ICICI Securities has downgraded Ceat to Hold with a target price of Rs 3,625, citing rich valuations after a recent stock run-up. While Cea...
I-Sec downgrades Ceat to Hold, target price at Rs 3,625ICICI Securities has downgraded Ceat to Hold with a target price of Rs 3625, despite a strong Q4 performance showing a 14.36% increase in t...
Buy, Sell or Hold: Nuvama retains buy on CEAT; Antique recommends a hold on KEC InternationalBrokerages are optimistic about Ceat due to the Camso acquisition, projecting enhanced exports and margins, while Antique maintains a Hold ...
Goodyear looks to sell India farm tyres biz for Rs 2,500 croreGoodyear Tire & Rubber plans to sell its Indian farm tire business after selling its off-the-road business to Yokohama for $905 million. Th...
18 top stock picks for 2025 from 6 leading brokersET has compiled a list of 18 stocks for 2025, recommended by six leading brokers, covering large-cap, mid-cap, and small-cap segments that ...
Buy Ceat, target price Rs 3,500: JM FinancialJM Financial has given a buy call for Ceat, setting a target price of Rs 3500. Ceat recently agreed to acquire Camso's off-highway tire bus...
Debt & internal accruals to fund Ceat acquisition of Camso tyre biz from Michelin: Arnab BanerjeeCeat will acquire Camso's tyre and track business from Michelin. This acquisition will boost Ceat's international business. The deal will b...
CEAT shares surge 9% on Camso off-highway tyre acquisitionCEAT Share Price: CEAT's shares surged over 9% after announcing a $225 million acquisition of off-highway tire assets from Michelin. This d...
Higher share of off-highway tires business to boost overall business margins: Anant GoenkaCeat's acquisition of Michelin's off-highway tyre (OHT) brand Camso for $225 million is projected to boost Ceat's margins. The deal will in...
Stocks in news: Ultratech, Paytm, L&T, Biocon, Alembic PharmaLarsen and Toubro (L&T) has overturned a Rs 702 crore customs duty demand following a favourable ruling from the Central Excise & Service T...
Ceat to acquire Michelin's Camso brand for USD 225mnCamso is a Canadian brand that makes tyres for tractors, harvesters, bulldozers and other off-highway vehicles which command higher margins...
CEAT inks pact with Michelin to acquire Camso brand's OHT, tracks biz for about $225 mnCEAT is acquiring Michelin's Camso off-highway tire (OHT) and tracks business for $225 million. This acquisition gives CEAT a global presen...