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Ceat rises on seeking approval to increase FIIs limit to 45%

22 Oct 2014 Evaluate

Ceat is currently trading at Rs. 886.00, up by 19.85 points or 2.29% from its previous closing of Rs. 866.15 on the BSE.

The scrip opened at Rs. 872.75 and has touched a high and low of Rs. 896.00 and Rs. 871.00 respectively. So far 157005 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 896.00 on 22-Oct-2014 and a 52 week low of Rs. 145.65 on 22-Oct-2013.

Last one week high and low of the scrip stood at Rs. 896.00 and Rs. 781.00 respectively. The current market cap of the company is Rs. 3171.65 crore.

The promoters holding in the company stood at 57.11%, while Institutions and Non-Institutions held 22.23% and 20.67% respectively.

Ceat is seeking approval to increase the present limit of Foreign Institutional Investors (FIIs) shareholding in the company from 24% to 45% of the paid up equity share capital of the company. The company is proposing to seek approval of the shareholders.

Ceat is among the best tyre manufacturers in India. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks. Besides tyres, the company also manufactures and markets tubes and flaps.

 

CEAT Share Price

3713.55 12.90 (0.35%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
View more..

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