Try GOLD - Free
Ceat investors bet big despite debt, Camso challenges
Mint New Delhi
|October 23, 2025
Ceat Ltd stock hit a new 52-week high of ₹4,350.60 on Tuesday, buoyed by upbeat margin and demand outlook.Stable input costs would keep the tyre maker's margins comfortable in a seasonally weak December quarter (Q3FY26).
Benign raw material costs pushed Ceat's operating margin higher by over 200 basis points both year-on-year and sequentially in Q2FY26. Thus, consolidated Ebitda margin at 13.3% beat consensus estimate of 11.6%.
Raw material costs for Ceat fell 5% sequentially in Q2FY26, with key inputs like crude oil and rubber prices remaining steady ($65/barrel and $1,700-1,750/tonne). Sequential price drops were noted for synthetic rubber (3.0-3.5%) and nylon fabric (2.0-2.5%). Input costs are expected to hold steady in Q3.
This story is from the October 23, 2025 edition of Mint New Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint New Delhi
Mint New Delhi
Connected gadgets may need to clear cyber checks
Manufacturers of connected devices will need to prepare for a sweeping new cybersecurity framework that could soon become mandatory across sectors, according to four people aware of the matter.
2 mins
November 03, 2025
Mint New Delhi
Microfinance begins to recover, but it’s a long walk to full health
After two years of credit stress, policy reforms and write-offs, India’s microfinance sector is taking tentative steps to recovery.
2 mins
November 03, 2025
Mint New Delhi
Mistry moves trusts regulator
Mehli Mistry has challenged the decision of the Tata Trusts to remove him as a trustee before the Maharashtra Charity Commissioner, and urged the regulatory body to hear his case before approving the decision by the country'slargest philanthropic entities last week.
3 mins
November 03, 2025
Mint New Delhi
A $5 tn milestone that reignites the AI bubble debate
Nvidia, which defines the AI boom, has become world's first firm with a $5 trillion market cap. Its valuation is seen at $8-10 trillion by 2030. Yet, with rising doubts over GenAI profitability and Big Tech's cash burn, we explore if the surge marks lasting growth, or the onset of an AI winter.
2 mins
November 03, 2025
Mint New Delhi
Is OpenAI becoming too big to fail?
Sam Altman’s ability to intertwine the startup throughout major tech players puts it at the nexus of a vital part of the U.S. economy
4 mins
November 03, 2025
Mint New Delhi
Future of Tata Trusts troubled Ratan Tata the most, say his sisters
Sisters of the late industrialist Ratan Tata have voiced distress over the turmoil at Tata Trusts, describing last week's removal of Mehli Mistry as a retaliatory action by other trustees.
3 mins
November 03, 2025
Mint New Delhi
Nexperia’s Dutch takeover puts local carmakers on alert
A Chinese-owned company headquartered in the Netherlands is at the epicentre of a new semiconductor chokepoint roiling the global auto industry.
3 mins
November 03, 2025
Mint New Delhi
Small options traders thin out as reforms take effect
Number of some of the bigger investors fell as well, though not at the same pace
3 mins
November 03, 2025
Mint New Delhi
How to build an enduring career in three simple steps
In an age of longevity, only those who stay physically fit, mentally tough and intellectually honest truly thrive
3 mins
November 03, 2025
Mint New Delhi
Maruti bets on small-car surge
Maruti Suzuki India Ltd’s latest management commentary has spurred hopes of brighter days after the September quarter (Q2FY26).
2 mins
November 03, 2025
Listen
Translate
Change font size