CEATLTD

CEAT Ltd, a mid-cap player in the Tyres & Allied industry, has demonstrated significant performance over the past year, achieving a remarkable 64.75% increase, compared to the Sensex's 11.50%. The company's stock has shown resilience, with a daily gain of 1.18%, while the Sensex declined by 1.55%. Over the past week, CEAT's stock rose by 5.98%, outpacing the Sensex's modest increase of 0.63%. In terms of longer-term performance, CEAT has consistently outperformed the Sensex across various time frames. The company recorded a 33.27% increase over the past month, a 43.85% rise over three months, and an impressive 267.93% growth over three years. Over five years, CEAT's stock surged by 411.23%, while the ten-year performance stands at 426.10%, significantly higher than the Sensex's 197.78%. From a technical perspective, CEAT's indicators reflect a bullish sentiment, with the MACD and Bollinger Bands showing positive trends on both weekly and monthly charts. The company's market capitalization is Rs 15,254.00 crore, with a P/E ratio of 31.03, compared to the industry average of 27.63.