Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
CEAT is currently trading at Rs. 107.90, up by 2.45 points or 2.32% from its previous closing of Rs. 105.45 on the BSE.
The scrip opened at Rs. 109.10 and has touched a high and low of Rs. 109.15 and Rs. 107.10 respectively. So far 12798 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 125.00 on 22-Aug-2012 and a 52 week low of Rs. 82.00 on 30-Jan-2012.
Last one week high and low of the scrip stood at Rs. 113.85 and Rs. 102.50 respectively. The current market cap of the company is Rs. 371.03 crore.
The promoters holding in the company stood at 52.87% while Institutions and Non-Institutions held 12.45% and 34.69% respectively.
CEAT has inked a joint venture agreement (JVA) with A K Khan & Company, a leading business house of Bangladesh, for setting up a bias automotive tyre manufacturing facility in Bangladesh. The company plans an investment of $67 million for a capacity of 110 metric tonnes per day in phases. Under the JVA, CEAT will hold shareholding of 70% in the JV Company and balance 30% will be held by A K Khan & Company, subject to the necessary statutory approvals.
The company will provide the technology and operational support to the JV Company. For this purpose, the company has also executed a Technology, Trademark and Name Licence Agreement with CEAT Bangladesh, the company proposed to be converted into the JV Company.
CEAT is among the best tyre manufacturers in India. Besides tyres, the company also manufactures and markets tubes and flaps. It manufactures a wide range of tyres for two-wheelers, three-wheelers, four-wheelers, tractors and tippers and trucks.
| Company Name | CMP |
|---|---|
| MRF | 129019.35 |
| Apollo Tyres | 473.75 |
| CEAT | 2393.75 |
| Balkrishna Inds. | 3100.50 |
| JK Tyres & Inds. | 416.30 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
