CEAT stock tumbles 7% after Q1 profit collapses 96%; margin pressure overshadows Rs 1,205 crore expansion...
CEAT shares fell on Friday to emerge among the top smallcap losers after weak Q1 earnings, as net profit dropped 96.4% to Rs 4 crore. The company also announced Rs 1,205 crore capacity expansion.
CEAT shares fell on Friday to emerge among the top smallcap losers after weak Q1 earnings, as net profit dropped 96.4% to Rs 4 crore. The company also announced Rs 1,205 crore capacity expansion.
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