30/4/2025, 2:36:03 pm

Tyre stocks rally as Ceat delivers strong Q4

Tyre stocks rose after Ceat reported strong Q4 results, with 11% revenue growth and EBITDA of ₹388 crore, exceeding expectations. The company expects double-digit growth in FY26, driven by its premium tyre segment. Stable raw material costs and a stronger rupee further boosted optimism, with major tyre stocks gaining 3-9%.