Ceat
- Advice
- Hold
Ceat Performance
Day Range
- Low
- High
52 Week Range
- Low
- High
- Open Price
- Previous Close
- Volume
Start SIP in Ceat
Start SIPCeat Investment Rating
-
Master Rating:
-
Ceat has an operating revenue of Rs. 11,314.88 Cr. on a trailing 12-month basis. An annual revenue growth of 21% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 42%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 18% and 21% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -2% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 74 which is a FAIR score but needs to improve its earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 53 indicates it belongs to a fair industry group of Auto/Truck-Tires & Misc and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 2,863 | 2,711 | 2,886 | 2,803 | 2,576 |
| Operating Expenses Qtr Cr | 2,492 | 2,474 | 2,681 | 2,639 | 2,391 |
| Operating Profit Qtr Cr | 371 | 237 | 206 | 164 | 185 |
| Depreciation Qtr Cr | 125 | 117 | 115 | 111 | 110 |
| Interest Qtr Cr | 66 | 65 | 57 | 51 | 56 |
| Tax Qtr Cr | 41 | 15 | 11 | 1 | 5 |
| Net Profit Qtr Cr | 132 | 42 | 30 | 3 | 13 |
Ceat Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 11
- Bearish Moving Average
- ___
- 5
- 20 Day
- ₹1882.26
- 50 Day
- ₹1723.35
- 100 Day
- ₹1636.02
- 200 Day
- ₹1547.77
- 20 Day
- ₹1901.94
- 50 Day
- ₹1629.73
- 100 Day
- ₹1578.61
- 200 Day
- ₹1588.87
Ceat Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹1954.27 |
| Second Resistance | ₹1980.34 |
| Third Resistance | ₹1996.97 |
| RSI | 58.26 |
| MFI | 67.35 |
| MACD Single Line | 118.81 |
| MACD | 101.21 |
| Support | |
|---|---|
| First Resistance | ₹1911.57 |
| Second Resistance | ₹1894.94 |
| Third Resistance | ₹1868.87 |
Ceat Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 178,789 | 7,975,777 | 44.61 |
| Week | 313,228 | 9,659,958 | 30.84 |
| 1 Month | 577,364 | 11,859,050 | 20.54 |
| 6 Month | 230,495 | 5,474,265 | 23.75 |
Ceat Result Highlights
Ceat Synopsis
NSE-Auto/Truck-Tires & Misc
Ceat Ltd. is involved in the business activities of Manufacture of rubber tyres and tubes for motor vehicles, motorcycles, scooters, three-wheelers, tractors and aircraft. Company’s Total Operating Revenue is Rs. 11263.26 Cr. and Equity Capital is Rs. 40.45 Cr. for the Year ended 31/03/2023. Ceat Ltd. is a Public Limited Listed company incorporated on 10/03/1958 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L25100MH1958PLC011041 and registration number is 011041.| Market Cap | 7,802 |
| Sales | 11,263 |
| Shares in Float | 2.14 |
| No of funds | 161 |
| Yield | 0.62 |
| Book Value | 2.33 |
| U/D Vol ratio | 3.3 |
| LTDebt / Equity | 43 |
| Alpha | 0.28 |
| Beta | 0.71 |
Ceat
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 47.21% | 47.21% | 47.21% | 47.21% |
| Mutual Funds | 11.08% | 10.39% | 9.45% | 7.53% |
| Insurance Companies | 2.36% | 2.44% | 2.18% | 3.49% |
| Foreign Portfolio Investors | 23.3% | 24.09% | 23.78% | 22.45% |
| Financial Institutions/ Banks | 0.01% | 0.01% | 0.01% | |
| Individual Investors | 12.82% | 12.65% | 13.78% | 16.04% |
| Others | 3.22% | 3.22% | 3.59% | 3.27% |
Ceat Management
| Name | Designation |
|---|---|
| Mr. H V Goenka | Chairman |
| Mr. Anant Vardhan Goenka | Managing Director |
| Mr. Arnab Banerjee | Whole Time Director & COO |
| Ms. Priya Nair | Independent Director |
| Mr. Pierre E Cohade | Non Independent Director |
| Mr. Mahesh S Gupta | Independent Director |
| Mr. Paras K Chowdhary | Independent Director |
| Mr. Haigreve Khaitan | Independent Director |
| Mr. Ranjit V Pandit | Independent Director |
| Mr. Atul C Choksey | Independent Director |
| Mr. Vinay Bansal | Independent Director |
Ceat Forecast
Price Estimates
Ceat Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-04 | Audited Results & Dividend | |
| 2023-01-25 | Quarterly Results | |
| 2022-11-07 | Quarterly Results | (Revised) per share(115%)Dividend |
| 2022-07-20 | Quarterly Results & Others | Inter-alia to consider and approve: The proposal for raising of funds through issuance of Non-Convertible Debentures on private placement basis. per share(115%)Dividend |
| 2022-05-05 | Audited Results & Final Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-06-13 | FINAL | Rs.3.00 per share(30%)Final Dividend |
| 2021-08-30 | FINAL | Rs.18.00 per share(180%)Final Dividend |
Ceat FAQs
What is Share Price of Ceat ?
Ceat share price is ₹1928 As on 05 June, 2023 | 01:14
What is the Market Cap of Ceat ?
The Market Cap of Ceat is ₹7802.4 Cr As on 05 June, 2023 | 01:14
What is the P/E ratio of Ceat ?
The P/E ratio of Ceat is 41.9 As on 05 June, 2023 | 01:14
What is the PB ratio of Ceat ?
The PB ratio of Ceat is 2.3 As on 05 June, 2023 | 01:14