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CEAT shares rally 10%, hit 52-week high as Q2 net profit surges 54% on strong GST-led domestic demand

CEAT shares rally 10%, hit 52-week high as Q2 net profit surges 54% on strong GST-led domestic demand

CEAT Ltd shares surged to a 52-week high after reporting strong Q2 results, with net profit up 54% and revenue rising 12% YoY. EBITDA margins improved, aided by GST reductions and robust domestic demand. Growth was driven by replacement and OEM segments, with…

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