Page 2 - Ceat Tyres

Amid rise in raw material costs, margin pressures to weigh on tyre stocks

Tyre companies may not be able to fully pass on the surge in raw material costs

Ceat posts three-fold jump in standalone net profit in March quarter

Tyre maker Ceat Ltd reported a nearly three-fold increase in standalone net profit to Rs 141.84 crore in the March quarter of the previous financial year

CEAT Tyres aims to make deeper inroads into smaller towns and cities

To double Ceat Shoppes to 600 in 2 years as demand for personal vehicles gains traction

Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations

Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22

Restricted imports bode well for tyre companies: CEAT's Anant Goenka

The RPG flagship is riding high on a strong order book, will go ahead with investment plans to ramp up production to meet the domestic and export needs

How Salesforce is helping enterprises bond with customers amid pandemic

The San Francisco-based customer-management software maker is providing AI and ML for a variety of enterprises, from tyre makers, adhesives manufacturers to sports apparel and footwear firms

MRF, CEAT, JK Tyre: Should you bet on tyre stocks? Here's what charts say

JK Tyre was trading over 8 per cent higher after the company reported a strong operational performance for the September quarter.

Nifty is headed towards 11,800, says Vinay Rajani of HDFC Securities

Support for the Nifty is shifted up to 11,400, which should be kept as a stop loss in long positions. The upside target for Nifty is seen at 11,800 odd levels

Tyre makers cautious on outlook even as capacity utiliisation improves

Factors helping capacity utilisation include encouraging domestic replacement demand in passenger vehicles, two-wheelers and the farm segment, and a drop in imports

Covid-19 update: CEAT Tyres makes foray into PPE segment, launches S95 mask

CEAT Tyres announced its foray into the personal protective equipment (PPE) segment with the launch of anti-pollution S95 mask, GoSafe, amid an increasing number of Covid-19 cases in the country

Tyre stks in focus; JK Tyre, TVS Srichakra gain up to 10% in a weak market

DGFT, vide its June 12 notification, has placed import of major tyre categories in the 'restricted' category from the 'free' category earlier.

CEAT up 6% on 14% YoY growth in Q4 EBITDA, partial resumption of operations

The company has resumed operations at most of its factories with easing in lockdown restrictions, and is gradually witnessing pick up in demand as well, Kumar Subbiah, CFO of CEAT said

Brands break gender stereotype as PepsiCo, Hero bring in women cricketers

Brands are turning to women cricketers also as part of a larger shift in the advertising narrative.

CEAT to roll out 28,000 tyres from new unit, invest Rs 3,000 cr in 2-3 yrs

15-20% of output from new plant will be exported. company is already selling to 90-plus countries

Ceat Q3 consolidated net profit rises marginally at Rs 52.5 crore

The company had posted a profit of Rs 52.25 crore in the same period a year ago, Ceat said in a regulatory filing

Ceat Tyres launches an employer branding campaign to woo millennial talent

The company uses humour to pitch itself as a workplace with a difference

Our focus is to expand presence in car tyre market: Ceat MD Anant Goenka

Leading tyre maker Ceat is focusing on expanding presence in the car tyre segment as cars remain the fastest growing segment of the industry year after year. Anant Goenka, managing director, tells Ajay Modi, how things have changed post GST and prices of rubber remain stable. Goenka, whose company bagged the global Deming Award for quality, says Ceat will focus on a sustained improvement in products to expand market share. Excerpts:Q)How has the company's business changed post GST? Do you see any changes in logistics system? A)Dealers had destocked when GST was introduced and post introduction they were adjusting to the new system and from September onwards things have started to stabilise. If you look at just one quarter, there is more disruption than gain. In the long-term there will be positive. We see a 10 to 15 per cent productivity improvement in logistics. We are directly present in the transportation industry so if inefficiency of trucks at octroi nakas or the check naka goes .

Ceat Tyres new ad campaign: Splash of humour for a safe ride

Highlights the perils two-wheeler riders face during monsoon, urges them to opt for dependable pair