|
02 Oct 2025 |
Ceat
|
Consensus Share Price Target
|
3488.40 |
3939.53 |
- |
12.93 |
buy
|
|
|
|
|
05 May 2024
|
Ceat
|
Motilal Oswal
|
3488.40
|
2930.00
|
2544.95
(37.07%)
|
Target met |
Buy
|
|
|
CEAT’s 4QFY24 results disappointed despite healthy volume growth in the replacement and exports segments. Margins were hit by higher ad spending and extended producer responsibility (EPR)-related provisions. Management has provided high single-digit volume growth guidance for FY25.
|
|
05 Mar 2024
|
Ceat
|
Prabhudas Lilladhar
|
3488.40
|
2980.00
|
2869.80
(21.56%)
|
Target met |
Accumulate
|
|
|
|
|
26 Jan 2024
|
Ceat
|
Prabhudas Lilladhar
|
3488.40
|
2980.00
|
2833.85
(23.10%)
|
Target met |
Accumulate
|
|
|
|
|
17 Oct 2023
|
Ceat
|
Prabhudas Lilladhar
|
3488.40
|
2515.00
|
2194.75
(58.94%)
|
Target met |
Accumulate
|
|
|
|
|
17 Oct 2023
|
Ceat
|
Motilal Oswal
|
3488.40
|
2950.00
|
2194.75
(58.94%)
|
Target met |
Buy
|
|
|
|
|
27 Jul 2023
|
Ceat
|
ICICI Securities Limited
|
3488.40
|
1669.00
|
2495.65
(39.78%)
|
|
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
|
3488.40
|
2430.00
|
2495.65
(39.78%)
|
Target met |
Hold
|
|
|
|
|
16 Jun 2023
|
Ceat
|
Prabhudas Lilladhar
|
3488.40
|
2260.00
|
2076.45
(68.00%)
|
Target met |
Accumulate
|
|
|
|
|
15 Jun 2023
|
Ceat
|
Motilal Oswal
|
3488.40
|
2375.00
|
2073.05
(68.27%)
|
Target met |
Buy
|
|
|
|
|
08 May 2023
|
Ceat
|
BP Wealth
|
3488.40
|
|
1710.35
(103.96%)
|
|
Results Update
|
|
|
|