Earnings Impact: CEAT shares plunge over 7% on 46.5% decline in Q3 profit | Stock Market News
Source: Live Mint Shares of tyre manufacturer CEAT fell over 7 percent on Thursday, January 16, after the company reported a 46.5 percent year-on-year (YoY) decline in net profit to ₹97.1 crore for the third quarter ended December 31, 2024. The company attributed the decline to high raw material costs. In the same period last…