Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

ICICI Lombard & CNBC-TV18 launched India Risk Management Awards 7 years ago, a special platform that recognises India’s leading organizations that have taken the lead in managing business risks.
 
Catch Pankaj Kumar, Chief Internal Auditor, CEAT Tyres, discuss the various risk management strategies implemented to overcome the hardships faced by the tyre industry during the COVID-19 pandemic on ICICI Lombard & CNBC-TV18 present India Risk Practitioners.

#BusinessNews #BusinessNewsToday #BusinessNewsInEnglish #ShareMarketToday

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India Risk Practitioners | Pankaj Kumar, Chief Internal Auditor, CEAT Tyres | CNBC-TV18

#BusinessNews #BusinessNewsToday #BusinessNewsInEnglish #ShareMarketToday #StockMarket 

The rubber industry is currently grappling with a big demand-supply mismatch. To understand how this shortage is impacting the tyre manufacturers, CNBC-TV18 spoke to Kumar Subbiah, Chief Financial Officer at CEAT. Subbiah expects the unavailability of local natural rubber to be short-term. He also expects the prices to come down to the imparity parity levels soon.

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action: https://www.cnbctv18.com/market/stocks/live-blog

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CEAT’s Kumar Subbiah on rubber shortage & its impact on production

Prabhudas Lilladher recommended hold rating on CEAT with a target price of Rs 1344 in its research report dated October 27, 2021.

Hold CEAT; Target Of Rs 1344: Prabhudas Lilladher

The company’s new car tyre plant at Chennai has become operational and was being “well-utilised”, giving it further headroom to grow, Anant Goenka, MD of Ceat told ET. The company is also laying the foundation for an upcoming truck tyre plant.

Tyre maker Ceat all set to roll into best-ever sales in H2

Analysts caution that despite gradual price hikes, margins of Ceat are unlikely to improve in a hurry, and they expect an entire pass through of commodity cost inflation only by next year

Ceat investors should brace for a few more quarters of subdued margins

Growth momentum continues to be led by organic growth in CV and PV segments coupled with new PV order wins (e.g. Nissan Magnite, Renault Kiger, Mahindra Thar).

Analyst Corner: Maintain ‘add’ on CEAT with revised target price of ₹1,480

Share of multinational tyre maker Ceat slipped 10% today after the firm reported a 77% fall in Q2 net profit. It opened with a loss of 6.45% at Rs 1,210 today against previous close of Rs 1,293.40. The stock touched an intraday low of Rs 1,165, falling 9.93% on BSE.

Why Ceat share price fell 10% today

The revenue increased to Rs2,451.8cr from Rs1,978.5cr yoy. EBITDA margin stood at 9.2%.

CEAT tumbles ~5% after Q2 PAT declines 77% yoy to Rs42cr on rising input costs

It was a weak operational performance for CEAT in the second quarter with the margin pressure showing up. The revenues although were quite robust for the company. Here's a fine print of their earnings.

#CNBCTV18 #BusinessNews #ShareMarketToday #Nifty #Sensex #CEAT

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CEAT Q2FY22 Earnings Analysis | Halftime Report | CNBC-TV18

Bank’s gross non-performing assets (NPAs) were a tad up at 8.42 per cent of the gross advances as of September 30, 2021, as against 8.23 per cent by end of September 2020

Buzzing Stocks: Canara Bank Plunges Over 3 Per Cent, Ceat Tumbles 10 Per Cent

Check out the stocks that will be in focus during trade today based on recent and latest news developments.

Top stocks in focus: CEAT, Tech Mahindra, Indus Towers, Orient Cement, HDFC Asset Management Company

CEAT Limited is engaged in manufacturing and sale of automotive tires, tubes and flaps. The Company manufactures radials for a range of vehicles.

CEAT Ltd

CEAT Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

India Risk Practitioners | Pankaj Kumar, Chief Internal Auditor, CEAT Tyres | CNBC-TV18

News Video

CEAT’s Kumar Subbiah on rubber shortage & its impact on production

Hold CEAT; Target Of Rs 1344: Prabhudas Lilladher

Tyre maker Ceat all set to roll into best-ever sales in H2

Ceat investors should brace for a few more quarters of subdued margins

Analyst Corner: Maintain ‘add’ on CEAT with revised target price of ₹1,480

Why Ceat share price fell 10% today

CEAT tumbles ~5% after Q2 PAT declines 77% yoy to Rs42cr on rising input costs

News Video

CEAT Q2FY22 Earnings Analysis | Halftime Report | CNBC-TV18

CEAT Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

News Video

India Risk Practitioners | Pankaj Kumar, Chief Internal Auditor, CEAT Tyres | CNBC-TV18

News Video

CEAT’s Kumar Subbiah on rubber shortage & its impact on production

Hold CEAT; Target Of Rs 1344: Prabhudas Lilladher

Tyre maker Ceat all set to roll into best-ever sales in H2

Ceat investors should brace for a few more quarters of subdued margins

Analyst Corner: Maintain ‘add’ on CEAT with revised target price of ₹1,480

Why Ceat share price fell 10% today

CEAT tumbles ~5% after Q2 PAT declines 77% yoy to Rs42cr on rising input costs

News Video

CEAT Q2FY22 Earnings Analysis | Halftime Report | CNBC-TV18

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock