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CEAT INTERNATIONAL BUSINESS
CEAT shares rally 12% after Q4 net profit soars 145% to Rs 244 crore. Should you buy?CEAT shares surged over 12% after reporting a remarkable 145% jump in Q4 FY26 net profit to Rs 243.85 crore. Revenue also saw a significant...
RPG Group's Anant Goenka takes over as FICCI President for 2025-26Anant Goenka, Vice Chairman of the RPG Group, has taken over as President of FICCI for 2025-26, succeeding Emami’s Harsha Vardhan Agarwal a...
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 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 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 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...
Expect easing of pressure from high natural rubber price in H2: CEAT MD & CEO Arnab BanerjeeCEAT expects relief from high raw material costs in the second half of the fiscal year. Domestic natural rubber prices had reached a 15-yea...
Ceat to expand Chennai plantCeat is also expanding its PCR (passenger car radial) capacity in its Chennai plant. "Currently PCR capacity is 20,000 units a day and as p...
Expect double-digit growth in replacement, international business despite rubber price hike: CEATCEAT Ltd anticipates double-digit growth in replacement and international business this fiscal despite rising natural rubber prices, prompt...
Teslas too driving on CEAT tyres, says Harsh Goenka; shares photos onlineRPG Chairman Harsh Goenka shared on 'X' that CEAT tires are being used for Elon Musk's Tesla, calling it a synergy of innovation and sustai...
Quite bullish on our international business plans: Arnab Banerjee, CeatThe proportion of this business is gradually increasing quarter-on-quarter that is number one. Number two is that we are improving the rela...
Ceat shares jump 11% after company’s Q2 earnings beats Street’s estimatesOn a consolidated basis, the company’s revenue closed at Rs 3,053 crore while EBITDA margin stood at 15.1% which was an expansion of 202 bp...
CEAT Q1 Results: Net profit jumps multi-fold to Rs 144 crore"Replacement and international business are looking good with good product - market fit. Our product performance continues to get accepted ...
Ceat tanks 6% as high crude, rubber prices hit Q4 marginsCeat’s stock fell to a low of Rs 1,027.50 as against its previous close of Rs 1,090.25 on the BSE.
High input costs continue to eat into CEAT's margins; Q4 profit declines 84%The company reported a consolidated profit of Rs 25 crore, down 84% year-on-year. Consolidated revenue during the quarter improved by 13% t...
Ceat expects to double its Europe biz in overseas pushInternational demand is robust and the company has a huge opportunity to grow overseas, managing director Anant Goenka told ET in a recent ...
Ceat Q3 results: Co reports loss at Rs 20 cr as soaring commodity prices hurt marginsConsolidated revenue grew by 9 per cent year-on-year to Rs 2,413 crore. However, input material costs grew at a much faster rate of 24 per ...
CEAT launches Rs 400 crore Qualified Institutions Placement'This reinforces the strong faith of high quality international and domestic institutional investors in the business and financial model of...