Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1086.25
Change Change %
-4.00 -0.37%

Updated:23 Apr, 2019, 11:14 AM IST

BSE
1083.90
Change Change %
-5.55 -0.51%

Updated:23 Apr, 2019, 11:27 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
01-08-2016 Buy 862.40 1150.00
N/A
Target Hit Long (1Y)
01-08-2017

Religare maintains buy on Ceat

Ceat's Q1 earnings were in-line with expectation. Although its EBITDA margin contracted 370 basis points annually to 12.6 per cent on price cuts, a 13 per cent growth in volumes aided top-line growth. We derive comfort from Ceat's improving product mix.

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