CEAT Stock Reaches All-Time High, Signaling Strong Market Confidence and Growth Potential

CEAT, a prominent player in the Tyres & Allied industry, has made headlines today as its stock price reached an all-time high of Rs. 3699.95. This milestone reflects a significant upward trend, with the stock outperforming its sector by 0.88%. Over the past week, CEAT has shown remarkable resilience, gaining 12.99%, while the broader Sensex managed only a 0.68% increase.
The stock has been on a consistent upward trajectory, marking seven consecutive days of gains and delivering a substantial 20.76% return during this period. Notably, CEAT has exhibited high volatility today, with an intraday volatility of 64.88%, indicating active trading and investor engagement.

In terms of moving averages, CEAT is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a strong bullish trend. Over the past year, CEAT has delivered an impressive 57.85% return, significantly outpacing the Sensex's 9.97%. The stock's performance over longer periods is equally compelling, with a remarkable 240.68% increase over three years and an astounding 413.36% rise over five years.