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CEAT trades higher on planning to raise funds up to Rs 500 crore via NCDs

06 Jun 2025 Evaluate

Ceat is currently trading at Rs. 3723.30, up by 15.80 points or 0.43% from its previous closing of Rs. 3707.50 on the BSE.

The scrip opened at Rs. 3710.00 and has touched a high and low of Rs. 3750.00 and Rs. 3671.90 respectively. So far 1110 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4042.95 on 21-May-2025 and a 52 week low of Rs. 2322.05 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 3837.75 and Rs. 3602.95 respectively. The current market cap of the company is Rs. 14988.17 crore.

The promoters holding in the company stood at 47.21%, while Institutions and Non-Institutions held 36.79% and 16.00% respectively.

CEAT is planning to raise funds via issuance of Non-Convertible Debentures (NCDs) on a private placement basis, aggregating up to Rs 500 crore. The meeting of Finance and Banking Committee of Board of Directors of the Company is scheduled to be held on June 10, 2025, to consider and approve the same.

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

3700.65 77.30 (2.13%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 138752.55
Apollo Tyres 443.75
CEAT 3700.65
Balkrishna Inds. 2343.80
JK Tyres & Inds. 419.95
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