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CEAT Ltd reports consolidated net profit of Rs 133.65 crore for Q3FY23
CEAT Ltd, the flagship company of the RPG Group, has reported a consolidated net profit of Rs 133.65 crore for the third quarter ended December 31, 2022, registering a growth of 14.5% compared to Rs 116.68 crore in the corresponding quarter of the previous fiscal. The company's revenue from operations during the quarter under review stood at Rs 2,834.32 crore, up 17.5% from Rs 2,415.42 crore in Q3FY22.
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CEAT Ltd to invest Rs 1,000 crore in greenfield plant in Tamil Nadu
CEAT Ltd, the flagship company of the RPG Group, plans to invest Rs 1,000 crore in a new greenfield plant in Tamil Nadu. The plant will be located in the SIPCOT Industrial Park in Sriperumbudur and will have a capacity to produce 30,000 tyres per day. The plant is expected to be commissioned by 2025.
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CEAT Ltd launches new range of tyres for electric vehicles
CEAT Ltd, the flagship company of the RPG Group, has launched a new range of tyres specifically designed for electric vehicles. The new tyres offer low rolling resistance, which helps to improve the range of electric vehicles. The tyres also have a high load-bearing capacity and are designed to withstand the torque of electric motors.
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CEAT expands presence in North-East with new dealership in Guwahati
To cater to the growing demand for tyres in the North-Eastern region, CEAT, one of India's leading tyre manufacturers, has expanded its presence in the region with the opening of a new dealership in Guwahati, Assam. The new dealership, CEAT Shoppe, is located at NH-37, Near Reliance Fresh, Basistha Chariali, Guwahati-781029.
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CEAT launches new CZAR HP tyre for high-performance bikes
CEAT, one of India's leading tyre manufacturers, has launched the new CZAR HP tyre specifically designed for high-performance bikes. The tyre is designed to provide exceptional grip, stability, and handling on both wet and dry surfaces.
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CEAT partners with TVS Motor Company to supply tyres for Apache RTR 160 4V
CEAT, one of India's leading tyre manufacturers, has partnered with TVS Motor Company to supply tyres for the Apache RTR 160 4V motorcycle. The CEAT SecuraDrive tyres will be fitted as original equipment (OE) on the Apache RTR 160 4V.
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Buy Ceat, target price Rs 2930: Motilal Oswal
Ceat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 9934.74 Crore) operating in Tyres sector.
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Buy Ceat, target price Rs 2930: Motilal Oswal
Ceat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 9934.74 Crore) operating in Tyres sector.
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Buy Ceat, target price Rs 2930: Motilal Oswal
Ceat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 9934.74 Crore) operating in Tyres sector.
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Buy Ceat, target price Rs 2930: Motilal Oswal
Ceat Ltd., incorporated in the year 1958, is a Mid Cap company (having a market cap of Rs 9934.74 Crore) operating in Tyres sector.