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CEAT ACQUISITION
Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher MotorsIndian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's div...
Ceat targets 20% margins, $1 billion revenue from Camso acquisitionCeat Tyres is set to achieve significant growth through its Camso acquisition. The company aims for operating margins up to 20% and a $1 bi...
Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
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 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...
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 ...
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...
Buy Ceat, target price Rs 3450: Motilal Oswal Financial ServicesMotilal Oswal recommends buying Ceat stock, targeting a price of Rs 3450. The tyre manufacturer's recent quarterly results show increased i...
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...
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...
ET 500: Midcaps that’re on a rollCapex, new launches have helped many companies improve market penetration and grow earnings.
For Ceat, Speed of growth has been little better than the industry: Anant GoenkaWe will be ramping that up to full capacity in about a year from now. The plant will almost double our capacity from 13 lakh tyres to about...
HSBC unit hikes stake in Ceat to 5.64% with off market purchaseA unit of HSBC has increased its stake in tyre maker Ceat Ltd to 5.64 per cent by acquiring shares of the company from off market for an es...
ET Profile: With focus on fewer things, Ceat's on a roll againUnder MD & CEO Anant Goenka's plan, co is focusing on 2-wheeler tyres and other niche products to boost profits, even as it stays with its ...
- Ceat up 4.3% at Rs 173.20
Leading tyre maker Ceat, an RPG group company, is moving out lock, stock and barrel to Patalganga, around 60 km away from Thane in Maharash...