|
04 Sep 2025 |
Ceat
|
Consensus Share Price Target
|
3319.00 |
3956.11 |
- |
19.20 |
buy
|
|
|
|
|
26 Jan 2024
|
Ceat
|
Prabhudas Lilladhar
|
3319.00
|
2980.00
|
2833.85
(17.12%)
|
Target met |
Accumulate
|
|
|
|
|
17 Oct 2023
|
Ceat
|
Motilal Oswal
|
3319.00
|
2950.00
|
2194.75
(51.22%)
|
Target met |
Buy
|
|
|
|
|
17 Oct 2023
|
Ceat
|
Prabhudas Lilladhar
|
3319.00
|
2515.00
|
2194.75
(51.22%)
|
Target met |
Accumulate
|
|
|
|
|
27 Jul 2023
|
Ceat
|
ICICI Securities Limited
|
3319.00
|
1669.00
|
2495.65
(32.99%)
|
|
Sell
|
|
|
CEAT’s Q1FY24 EBITDA margin at 13.2% (up ~40bps QoQ) beat consensus estimate of 12%, driven mainly by ~100bps QoQ gross margin improvement. The margin expansion resulted from a decline in raw material basket (RMB) cost (down ~1.5% QoQ) and better product mix.
|
|
26 Jul 2023
|
Ceat
|
Prabhudas Lilladhar
|
3319.00
|
2430.00
|
2495.65
(32.99%)
|
Target met |
Hold
|
|
|
|
|
16 Jun 2023
|
Ceat
|
Prabhudas Lilladhar
|
3319.00
|
2260.00
|
2076.45
(59.84%)
|
Target met |
Accumulate
|
|
|
|
|
15 Jun 2023
|
Ceat
|
Motilal Oswal
|
3319.00
|
2375.00
|
2073.05
(60.10%)
|
Target met |
Buy
|
|
|
|
|
08 May 2023
|
Ceat
|
BP Wealth
|
3319.00
|
|
1710.35
(94.05%)
|
|
Results Update
|
|
|
|
|
08 May 2023
|
Ceat
|
Prabhudas Lilladhar
|
3319.00
|
1800.00
|
1710.35
(94.05%)
|
Target met |
Accumulate
|
|
|
|
|
06 May 2023
|
Ceat
|
ICICI Securities Limited
|
3319.00
|
1546.00
|
1716.60
(93.35%)
|
|
Sell
|
|
|
CEAT’s Q4FY23 EBITDA margin at 12.8% (up ~410bps QoQ) beats consensus estimate of 10.2%, mainly driven by 560bps QoQ gross margin improvement. Margin increase was driven by a decline in raw material basket cost (RMB lower by ~9% QoQ), maintaining product pricing and operational efficiencies.
|