ceat

Mutual funds bet on 10 high-growth stocks rallying up to 85% — Is your stock on the list? – Top MF Backed Winners

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Mutual funds bet on 10 high-growth stocks rallying up to 85% — Is your stock on the list? – Top MF Backed Winners

Investors often pay close attention to where major institutional players, particularly mutual funds (MFs), are allocating their capital, as these investors typically commit funds only after thorough research and due diligence. When the companies they support also deliver robust profit growth, it becomes an added advantage for retail investors. In the September quarter, around 51 … Read more

Debt & internal accruals to fund Ceat acquisition of Camso tyre biz from Michelin: Arnab Banerjee

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Debt & internal accruals to fund Ceat acquisition of Camso tyre biz from Michelin: Arnab Banerjee

Arnab Banerjee, MD & CEO, Ceat, says acquisition of this business will make Ceat’s international business contribution to cross 25%from day one and, this is EBITDA accretive and will contribute to the overall margin accretion of Ceat consolidated. OHT business will almost double in turnover post this acquisition and will be almost 23-24% of Ceat’s … Read more

Price hikes to continue, Ceat pushing for growth to accelerate in second half: Arnab Banerjee

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Price hikes to continue, Ceat pushing for growth to accelerate in second half: Arnab Banerjee

Arnab Banerjee, MD & CEO, Ceat, says price hikes will continue because the pass-through to the tyres per se is inadequate if cumulative price hikes from April to August are taken. Ceat has been able to pass on maybe 4%, in barely a couple of categories, but in a large number of categories, they have … Read more

Prabhudas Lilladher recommends buying these 3 tyre stocks with upto 25% upside

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Prabhudas Lilladher recommends buying these 3 tyre stocks with upto 25% upside

Tyre stocks have been enjoying an upward rally in the past few months. Major players like Apollo Tyres and JK Tyres have enjoyed a surge of nearly 16% on the charts. With the reports of increase in the price of tyres, the stocks from the sector may come under the radar of investors positioning them … Read more

Big movers on D-Street: What should investors do with CEAT, ABFRL and Coforge?

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Big movers on D-Street: What should investors do with CEAT, ABFRL and Coforge?

Equity indices retreated from a record high on Friday as investors resorted to profit booking. The 30-share Sensex dropped 733 points to settle at 73,878 and Nifty declined 172 points to 22,475. Stocks that were in focus include names like CEAT, which fell 2.93%, Coforge, which was down 10.03%, and ABFRL, whose shares dropped 3.43% … Read more

Expect Q4 to be a decent quarter in terms of growth versus Q3: Ceat CFO

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Expect Q4 to be a decent quarter in terms of growth versus Q3: Ceat CFO

According to CFO, Kumar Subbiah, overseas export growth is an important priority for Ceat. Exports are 18-19% of revenue share. Three years back, it used to be about 10-11%. So, in the last two or three years, Ceat took various measures to increase the share of exports on overall top line numbers. In the next … Read more

3 top stock recommendations from Rajesh Palviya

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3 top stock recommendations from Rajesh Palviya

“Yes, the Bank Nifty has given up the support area of 43,000 on a closing basis in Friday’s session. And now looking at the data setup, we believe that if it continues to remain below the 43,000 level, then we may see another round of selling pressure in the coming trading session,” says Rajesh Palviya, … Read more

Overall the markets are in a good spot: Hemang Jani, MOFSL

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Overall the markets are in a good spot: Hemang Jani, MOFSL

“I think we should have a positive stance on the market because when we look at the earnings, when we look at the other data points in terms of monthly numbers and GST etc. it gives you a feel that we are in a good growth trajectory,” says Hemang Jani, Equity Strategist & Senior Group … Read more

23 BSE500 stocks rally 10-23% this week as bulls regain control

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23 BSE500 stocks rally 10-23% this week as bulls regain control

NEW DELHI: It was a strong week for Dalal Street that saw four of every five stocks from the broader index BSE500 ending higher amid easing oil prices and hopes the US Fed may slow down on rate hikes if the economy suffers big. As many as 23 index stocks surged 10-23 per cent during … Read more