Ceat Ltd.

NSE: CEATLTD | BSE: 500878 | ISIN: INE482A01020 | Industry: Auto Tyres & Rubber Products
| Mid-range Performer
3829.2000 -22.90 (-0.59%)
NSE Jan 14, 2026 15:31 PM
Volume: 83,930
 

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Ceat Ltd.
27 Jul 2015
3829.20
-0.59%
Chola Wealth Direct
Consolidated EBITDA margin came in at 15.3%, up 270bps QoQ led by a 150bps QoQ improvement in gross margin and 110bps QoQ reduction in other expenses to- sales ratio. Improvement in gross margin was supported by decline in carbon black prices to INR55/kg from INR75/kg during 1QFY16, coupled with a major decline in synthetic rubber prices to ~INR95/kg from INR120/kg. Gross profit/kg remained almost flat QoQ as blended realization declined 3% YoY, in sync with the fall in the raw material basket (RMB). Management highlighted Personal mobility segments - PCR, UVR and 2W tyres - grew ~20%...
Ceat Ltd. has an average target of 4125.50 from 7 brokers.
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