CEAT shares dropped nearly 9.5% after the tyre maker reported a sharp decline in Q1FY27 profit as margin pressure outweighed strong revenue growth. The company also approved a Rs 1,205 crore investment to expand capacity at its Nagpur plant.
CEAT shares dropped nearly 9.5% after the tyre maker reported a sharp decline in Q1FY27 profit as margin pressure outweighed strong revenue growth. The company also approved a Rs 1,205 crore investment to expand capacity at its Nagpur plant.
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