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CEAT jumps on launching label-rated tyres in India

09 Feb 2021 Evaluate

Ceat is currently trading at Rs. 1632.95, up by 19.20 points or 1.19% from its previous closing of Rs. 1613.75 on the BSE.

The scrip opened at Rs. 1634.25 and has touched a high and low of Rs. 1644.00 and Rs. 1603.90 respectively. So far 5494 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1763.15 on 04-Feb-2021 and a 52 week low of Rs. 601.50 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1763.15 and Rs. 1482.45 respectively. The current market cap of the company is Rs. 6619.25 crore.

The promoters holding in the company stood at 46.82%, while Institutions and Non-Institutions held 39.29% and 13.88% respectively.

CEAT is launching label-rated tyres in India in line with international rating systems prevalent in the tyre industry to help customers take informed decisions before buying tyres for their vehicles. Under the initiative, CEAT will introduce performance indicator ratings for its premium offerings --Fuelsmarrt and SecuraDrive range of tyres. The ratings are based on important tyre performance indicators like rolling resistance, wet grip and tyre noise level.

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
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