Ceat Ltd. News and Updates

Name: Latest research reports of Ceat Ltd. authored by BOB Capital Markets Ltd. and published by - Trendlyne research reports.
Item: Ceat Ltd.
Rating: 1
Author: BOB Capital Markets Ltd.

Keep track of all breaking news on Ceat Ltd. from all sources in a single place.

Load latest

Ceat Ltd.

07 May 2021, 12:00AM

3468.10

-0.06%

First Light | Coforge, CEAT

Sell: Ceat Ltd.

BOB Capital Markets Ltd.

COFORGE: Bumper FY22 guidance; reiterate BUY. CEAT: Rising raw material costs to impact earnings; SELL

Ceat Ltd. is trading above its 200 day SMA of 3235.5

Ceat Ltd.

06 May 2021, 12:00AM

3468.10

-0.06%

Below est.; higher RM cost hurts margin; to expand TBR capacity

Buy: Ceat Ltd.

Target

Motilal Oswal

Cost inflation to keep margin under pressure over the next two quarters CEAT's 4QFY21 performance was impacted by RM cost inflation and weaker mix. While cost inflation will impact near-term performance, strength in demand will enable gradual pass through of cost. We cut our FY22E/FY23E EPS by ~31%/6% to factor in near term impact from the second COVID wave and RM cost inflation. Maintain Buy....

Ceat Ltd. has gained 20.95% in the last 6 Months

Ceat Ltd.

06 May 2021, 12:00AM

3468.10

-0.06%

CEAT (SELL): Rising raw material costs to impact earnings; SELL

Sell: Ceat Ltd.

Target

BOB Capital Markets Ltd.

CEAT's revenue was 8% ahead of our estimate at Rs 23bn in Q4FY21.

Ceat Ltd. is trading below its 100 day SMA of 3512.5

Ceat Ltd.

05 May 2021, 09:11PM

3468.10

-0.06%

CEAT's Q4 profit trebles to 153 crore

Business Line

Tyre-maker reports a revenue of 2,290 crore

Ceat Ltd. is trading below its 100 day SMA of 3512.5

Ceat Q4 profit up three-fold at 153 crore on operating efficiencies

livemint | 05 May 2021, 06:26PM 1 more

Ceat Ltd.

16 Mar 2021

3468.10

-0.06%

CEAT Tyres aims to make deeper inroads into smaller towns and cities

Business Standard

To double Ceat Shoppes to 600 in 2 years as demand for personal vehicles gains traction

Ceat Ltd. has an average target of 3906.60 from 6 brokers.

Ceat Ltd.

18 Feb 2021

3468.10

-0.06%

Time to go cyclical | Tyre industry set for an upcycle

Buy: Ceat Ltd.

Edelweiss

During the last upcycle, limited focus on CV category tyres eroded CEAT's market share in both OEM and replacement markets.

Ceat Ltd. has an average target of 3906.60 from 6 brokers.

Ceat Ltd.

08 Feb 2021

3468.10

-0.06%

Ceat Tyres launches label-rated tyres in India

Moneycontrol

Under the initiative, Ceat will introduce performance indicator ratings for its premium offerings --Fuelsmarrt and SecuraDrive range of tyres. The ratings are based on important tyre performance indicators like rolling resistance, wet grip and tyre noise level, the company said in a statement.

Ceat Ltd. has an average target of 3906.60 from 6 brokers.

Ceat Ltd.

27 Jan 2021

3468.10

-0.06%

Accumulate CEAT; target of Rs 1434: Prabhudas Lilladher

Moneycontrol

Prabhudas Lilladher recommended accumulate rating on CEAT with a target price of Rs 1434 in its research report dated January 20, 2021.

Number of FII/FPI investors increased from 228 to 291 in Jun 2025 qtr.

Accumulate CEAT; target of Rs 1444: Dolat Capital Market

Moneycontrol | 27 Jan 2021

Ceat Ltd.

22 Jan 2021

3468.10

-0.06%

BP Equities CEAT Ltd Q3FY21 Result Update

Buy: Ceat Ltd.

Target

BP Wealth

In 3QFY21,CEAT reported a strong set of numbers. Revenue grew by 26.1%YoY to 22,123 mn (est.INR19,693 mn) mainly due to volume growth majorly from replacement demand led by rise in personal mobility, recovery in CV demand and farm equipment segments and restrictions on imports. EBITDA grew by 78.8% YoY to INR 3,277 mn (est.INR 2,422 mn) mainly due to higher gross margin on account of price hikes (i.e 3% in Dec'20) across categories (except 2W) and higher mix from replacement segment(+35% YoY) which resulted in operational efficiency. Moroever, in this quarter, company witnessed the strongest demand for CVs (~30% in TBR and TBB), PVs and 2W/3Ws. OTR segment grew 42% YoY due to increase in the domestic farm sector and exports. The company expects the RM basket to increase by 10% sequentially due to sharp surge in rubber and crude oil prices. Adjusted net profit stood at INR 1,417 mn (est.983 mn) strong performance on operational front. Focus on brand value with new client acquisition to increase market share gains...