Page 4 - Ceat

Vivo returns as title sponsor of IPL in 2021 after one-year gap

The announcement signals an end to the search for Vivo's replacement, which had gathered pace last week, following speculation that the Chinese company had made up its mind to exit the marquee event

Tyre stocks in demand; JK Tyre rallies 15%, MRF scales fresh high

Shares of JK Tyre & Industries hit a 52-week high of Rs 103.80 amid heavy volumes

Ceat rallies 10% in 2 days, hits fresh 52-week high on strong Q3 results

The management said there is expected to be some margin pressure in the next quarter due to increasing raw material prices

Stocks to watch: Bandhan Bank, Sobha, Lupin, Maruti Suzuki, CEAT, Wendt

Bandhan Bank said its loans and advances grew by 23 per cent YoY to Rs 80,255 crore during the third quarter of the current fiscal

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

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

Different Centre-state rules slow India Inc's bid to restart business

The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.

Nifty outlook and stock ideas by CapitalVia Global Research: Buy CEAT

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Eight firms to list commercial papers on BSE for issue size of Rs 35,585 cr

After the process, the effective date for listing of commercial papers (CPs) with the exchange will be January 1, 2020, it added.

Nifty view & top picks by Prabhudas Lilladher: Buy Colgate Palmolive, Ceat

The support for the week is seen at 39,770/11,700 while the resistance would be seen near 41,100/12,140 levels. Bank Nifty would have a weekly range of 30,660 - 32,000 levels.

Ceat to set up new plant in Chennai with estimated investment of Rs 20 bn

The RPG Enterprise flagship firm has already acquired a 163-acre land parcel for the project

CEAT signs MoU with Tamil Nadu govt to set up Rs 40-billion plant

The investment will spread over the next 10 years and will give direct employment to around 1,000 people

Tamil Nadu Cabinet gives nod to Ceat's Rs 40-bn tyre manufacturing unit

A proposal from tyre manufacturer Ceat to set up a manufacturing facility in Tamil Nadu with an investment of Rs 40 billion received a cabinet nod on Wednesday. The decision is taken at a time when the State has been under criticism for not attracting more investments, especially in its strong hold of autmotive sector, while the neighbouring states are getting more investments.According to a source from the State government, the Cabinet meeting held today discussed the proposal, which has been on talks for several months now, and approved. With this, the company can go ahead and start procedures to set up the facility. While reports earlier said that the investment proposal is to the tune of around Rs 50 billion, sources now said that the proposal approved is for Rs 40 billion. Ceat has already purchased the land for the facility, they said.The State government will soon sign an MoU with the company to take the investment proposal forward.It may be noted that a proposal from PSA ...

Ceat tanks 8% as Q1 net profit dips nearly 100%

The stock was still trading over 100% higher against its 52-week low

Ceat Q1 net profit dips 17% to Rs 93 crore

The company's shares ended 0.39% up at Rs 883.70 apiece on BSE