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Ceat zooms on reporting many folds jump in Q1 consolidated net profit

20 Jul 2018 Evaluate

Ceat is currently trading at Rs. 1355.40, up by 94.75 points or 7.52% from its previous closing of Rs. 1260.65 on the BSE.

The scrip opened at Rs. 1274.70 and has touched a high and low of Rs. 1380.60 and Rs. 1258.00 respectively. So far 259175 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2030.00 on 27-Dec-2017 and a 52 week low of Rs. 1228.65 on 18-Jul-2018.

Last one week high and low of the scrip stood at Rs. 1380.60 and Rs. 1228.65 respectively. The current market cap of the company is Rs. 5521.44 crore.

The promoters holding in the company stood at 50.76%, while Institutions and Non-Institutions held 31.93% and 17.30% respectively.

The company has reported over 4 fold rise in its net profit at Rs 77.87 crore for first quarter ended June 30, 2018 as compared to Rs 19.14 crore for the same quarter in the previous year. Total income of the company marginally increased by 1.72% at Rs 1,679.75 crore for Q1FY19 as compared Rs 1,651.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 44 fold jump in its net profit at Rs 72.03 crore for the quarter under review as compared to Rs 1.62 crore for the same quarter in the previous year. Total consolidated income of the company increased by 4.34% at Rs 1,710 crore for Q1FY19 as compared Rs 1,638.95 crore for the corresponding quarter previous year.

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
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