Profit

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

NSE
1279.55
Change Change %
-60.35 -4.50%

Updated:21 Sep, 2018, 14:44 PM IST

BSE
1268.35
Change Change %
-71.70 -5.35%

Updated:21 Sep, 2018, 14:35 PM 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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