Page 4 - Ceat Tyres
As demand recovers, Ceat lines up investments to scale up production
Tyre major Ceat is aiming at increasing production capacity to around 1,400 tonne a day over next18 months as it looks to cater to enhanced demand in both domestic and export markets
 "As demand recovers, Ceat lines up investments to scale up production")
Tyre industry seeks raw material partners to unleash growth
India's tyre sector is seeking effective collaboration with raw material partners to harness its potential, industry body Automotive Tyre Manufacturers Association (ATMA) said.
 "Tyre industry seeks raw material partners to unleash growth")
Higher capex spends likely to impact tyre maker Ceat's return ratios
Muted near term outlook given raw material costs, lower demand
 "Higher capex spends likely to impact tyre maker Ceat's return ratios")
CEAT, HUL: These 5 stocks can rally up to 15% on conquering MACD hurdle
Any move below the zero line is inferred as a bearish signal where prices are expected to fall further.
 "CEAT, HUL: These 5 stocks can rally up to 15% on conquering MACD hurdle")
Amid rise in raw material costs, margin pressures to weigh on tyre stocks
Tyre companies may not be able to fully pass on the surge in raw material costs
 "Amid rise in raw material costs, margin pressures to weigh on tyre stocks")
Ceat posts three-fold jump in standalone net profit in March quarter
Tyre maker Ceat Ltd reported a nearly three-fold increase in standalone net profit to Rs 141.84 crore in the March quarter of the previous financial year
CEAT Tyres aims to make deeper inroads into smaller towns and cities
To double Ceat Shoppes to 600 in 2 years as demand for personal vehicles gains traction
 "CEAT Tyres aims to make deeper inroads into smaller towns and cities")
Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations
Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22
 "Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations")
Restricted imports bode well for tyre companies: CEAT's Anant Goenka
The RPG flagship is riding high on a strong order book, will go ahead with investment plans to ramp up production to meet the domestic and export needs
 "Restricted imports bode well for tyre companies: CEAT's Anant Goenka")
How Salesforce is helping enterprises bond with customers amid pandemic
The San Francisco-based customer-management software maker is providing AI and ML for a variety of enterprises, from tyre makers, adhesives manufacturers to sports apparel and footwear firms
 "How Salesforce is helping enterprises bond with customers amid pandemic")
MRF, CEAT, JK Tyre: Should you bet on tyre stocks? Here's what charts say
JK Tyre was trading over 8 per cent higher after the company reported a strong operational performance for the September quarter.
 "MRF, CEAT, JK Tyre: Should you bet on tyre stocks? Here's what charts say")
Nifty is headed towards 11,800, says Vinay Rajani of HDFC Securities
Support for the Nifty is shifted up to 11,400, which should be kept as a stop loss in long positions. The upside target for Nifty is seen at 11,800 odd levels
 "Nifty is headed towards 11,800, says Vinay Rajani of HDFC Securities")
Tyre makers cautious on outlook even as capacity utiliisation improves
Factors helping capacity utilisation include encouraging domestic replacement demand in passenger vehicles, two-wheelers and the farm segment, and a drop in imports
 "Tyre makers cautious on outlook even as capacity utiliisation improves")
Covid-19 update: CEAT Tyres makes foray into PPE segment, launches S95 mask
CEAT Tyres announced its foray into the personal protective equipment (PPE) segment with the launch of anti-pollution S95 mask, GoSafe, amid an increasing number of Covid-19 cases in the country
 "Covid-19 update: CEAT Tyres makes foray into PPE segment, launches S95 mask")
Tyre stks in focus; JK Tyre, TVS Srichakra gain up to 10% in a weak market
DGFT, vide its June 12 notification, has placed import of major tyre categories in the 'restricted' category from the 'free' category earlier.
 "Tyre stks in focus; JK Tyre, TVS Srichakra gain up to 10% in a weak market")
CEAT up 6% on 14% YoY growth in Q4 EBITDA, partial resumption of operations
The company has resumed operations at most of its factories with easing in lockdown restrictions, and is gradually witnessing pick up in demand as well, Kumar Subbiah, CFO of CEAT said
 "CEAT up 6% on 14% YoY growth in Q4 EBITDA, partial resumption of operations")
Brands break gender stereotype as PepsiCo, Hero bring in women cricketers
Brands are turning to women cricketers also as part of a larger shift in the advertising narrative.
 "Brands break gender stereotype as PepsiCo, Hero bring in women cricketers")
CEAT to roll out 28,000 tyres from new unit, invest Rs 3,000 cr in 2-3 yrs
15-20% of output from new plant will be exported. company is already selling to 90-plus countries
 "CEAT to roll out 28,000 tyres from new unit, invest Rs 3,000 cr in 2-3 yrs")
Ceat Q3 consolidated net profit rises marginally at Rs 52.5 crore
The company had posted a profit of Rs 52.25 crore in the same period a year ago, Ceat said in a regulatory filing
Ceat Tyres launches an employer branding campaign to woo millennial talent
The company uses humour to pitch itself as a workplace with a difference
 "Ceat Tyres launches an employer branding campaign to woo millennial talent")
