INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Shares of CEAT traded 2.52 per cent up in Wednesday's trade at 09:43 am
Around 10,911 shares changed hands on the counter
The stock opened at Rs 790.9 and touched an intraday high and low of Rs 805.0 and Rs 785.1, respectively, in the session so far.
The company
said it has partnered with three associations in transport business to sanitize trucks, delivering essential goods in Mumbai region.
The
stock quoted a 52-week high of Rs 1372.85 and a 52-week low of Rs 601.15.
Financials CEAT, incorporated in the year 1958, is a Mid Cap
company (having a market cap of Rs 3151.47 crore) operating in the Tyres sector
The company reported net profit after tax of Rs 47.86 crore for the quarter ended 31 December, 2019
For the same quarter, the company has reported Consolidated sales of Rs 1761.77 crore, up 4.15 per cent from last quarter Sales of Rs
1691.55 crore and up 2.79 per cent from last year same quarter Sales of Rs 1713.93 crore.
CEAT key products/revenue segments include
automobile tubes which contributed Rs 648.26 crore to sales value (9.48 per cent of total sales), other operating revenue which contributed
Rs 31.24 crore to sales value (0.45 per cent of total sales), scrap which contributed Rs 29.09 crore to sales value (0.42 per cent of total
sales), others which contributed Rs 8.63 crore to sales value (0.12 per cent of total sales) and royalty income which contributed Rs 4.41
crore to sales value (0.06 per cent of total sales)for the year ending 31-mar-2019
Promoter holding Promoters held 46.678223 per cent stake in the company as of quarter ended 31st Dec 2019.
Valuation ratio It quoted a
price-to-earnings ratio of 13.13 and price to book value of 1.15.
