Ceat Ltd. News and Updates

Name: Latest research reports of Ceat Ltd. authored by Emkay and published by - Trendlyne research reports.
Item: Ceat Ltd.
Rating: 5
Author: Emkay

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

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Ceat Ltd.

17 Jan 2025

3750.00

-0.42%

Delivering on growth; margins to follow

Buy: Ceat Ltd.

Emkay

CEAT recorded accelerated revenue growth of 11% in Q3FY25 (~7.9%/1.5% volume /realization growth) with EBITDA ~5% above Consensus’, despite the ~60bps QoQ margin decline to 10.3% amid the ~1% higher RM.

Emkay increased Buy price target of Ceat Ltd. to 4100.0 on 01 May, 2025.

Ceat Ltd.

16 Jan 2025

3750.00

-0.42%

Ceat Ltd. Results Earnings Call for Q3FY25

Conference Call with Ceat Ltd. Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.

Ceat Ltd.

16 Jan 2025

3750.00

-0.42%

to see Rapid results content

Ceat Ltd.

10 Jan 2025

3750.00

-0.42%

Broker's call: Ceat (Add)

Business Line

YES Securities

Ceat Ltd. has an average target of 3382.00 from 6 brokers.

Ceat Ltd.

12 Dec 2024, 09:16AM

3750.00

-0.42%

Ceat's Camso Acquisition Is Synergistic Fit But Execution Risks Have Brokerages Mixed

NDTV Profit

Nomura expressed caution over execution risks and macroeconomic volatility. While Nuvama and Nirmal Bang are more optimistic, forecasting long-term growth from Ceat's new acquisition.

Ceat Ltd. has gained 11.07% in the last 1 Week

Ceat Ltd.

12 Dec 2024, 12:00AM

3750.00

-0.42%

CEAT LIMITED EQ

Hold: Ceat Ltd.

Target

Prabhudas Lilladhar

Ceat Ltd. has gained 32.39% in the last 1 Month

Ceat Ltd.

11 Dec 2024, 01:13PM

3750.00

-0.42%

Ceat Ltd. Business Update Call

Conference Call with Ceat Ltd. Management and Analysts on its recent acquisition. Listen to the full transcript.

Ceat Ltd.

11 Dec 2024, 12:00AM

3750.00

-0.42%

Camso’s acquisition positive over medium to long term; maintaining a Buy

Buy: Ceat Ltd.

Anand Rathi

Ceat’s takeover of Camso would expand its presence in the higher profitability OHT segment. Further, it would also strengthen its presence in construction equipment (CE) globally. It would also add OEMs and distributors (key for success).

Ceat Ltd. has gained 67.72% in the last 1 Year

Ceat Ltd.

11 Dec 2024, 12:00AM

3750.00

-0.42%

Camso acquisition strengthens CEAT Off-Highway positioning

Buy: Ceat Ltd.

Emkay

Attended CEAT’s conference call on its recent strategic acquisition (press release) of Camso (maker of high-margin Off-Highway bias tyres and tracks for compact construction equipment) brand’s business assets from Michelin, along with 2 plants in Sri Lanka at ~1x CY23 EV/Sales, for USD225mn (similar to replacement cost; includes global Camso brand access)

Ceat Ltd. has gained 37.32% in the last 3 Months

Ceat Ltd.

09 Dec 2024

3750.00

-0.42%

Debt & internal accruals to fund Ceat acquisition of Camso tyre biz from Michelin: Arnab Banerjee

Economic Times

Ceat will acquire Camso's tyre and track business from Michelin. This acquisition will boost Ceat's international business. The deal will be funded by a mixture of debt and internal accruals. Ceat expects the acquisition to be EPS accretive. The company anticipates growth in off-highway tyres. Ceat plans price hikes in various segments.