Search This Blog

Jun 23, 2010

CEAT Ltd - 500878

 

 

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)

2 comments:

  1. an update on this http://nse-invest.blogspot.com/2011/03/ceat-ltd-500878.html

    ReplyDelete
  2. rabie ayad

    rabie ayad is top cricek player in Labanon. In the age of 18 he set recorld of fastest century. rabie ayad is Labanon born cricket player and entrepreneur. rabie ayad hobbie to play cricket from his childhood. He also love to watch cricket and tennis matches.

    ReplyDelete

LinkWithin

Related Posts Plugin for WordPress, Blogger...