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Trades about 38% below its sector, cheaper than its peers on earnings.
CEAT Limited is a manufacturer and global distributor of automotive tires, inner tubes, and protective flaps, serving both the Indian market and a vast international clientele. The company's comprehensive product portfolio features rubber tires and tubes engineered for a broad spectrum of vehicles, including scooters, motorcycles, three-wheelers, passenger cars, buses, light commercial vehicles, heavy trucks, and agricultural tractors. Demonstrating a significant global presence, CEAT exports its offerings to around 110 countries worldwide. Established in 1958, the company was initially incorporated as CEAT Tyres of India Limited, subsequently adopting its current name, CEAT Limited, in 1990. Its primary operations are headquartered in Mumbai, India.
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