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Name of Company | CEAT Ltd |
BSE Code | 500878 |
NSE Code | CEATLTD |
ICICI Code | |
Established | |
My Take | So-So |
Headquarters | |
Promoters | R P Goenka & family(spencers, KEC, etc) |
Story | 468 Cr tyre company with a well known brand in India. |
Sector | Auto Anciliary |
Sub-sector | Tires |
Website | |
Positives | Revenue has been growing consistently (though not at a great pace – 1700 to 2800 Cr from FY06 to FY10). Has a 468 Cr market cap when the company has shown near 600 Cr reserves for FY10. 48% promoter holding with no pledged shares. |
Negatives | Wavery profits, loss in FY09. 460 Cr debt in FY10. |
Peers | MRF, JK Tyre |
News | |
Price @ blogged | 136.85 (23-Jun-10) |
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Jun 23, 2010
CEAT Ltd - 500878
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an update on this http://nse-invest.blogspot.com/2011/03/ceat-ltd-500878.html
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