News and Views
Recent Price Movement and Market Context
CEAT’s share price has demonstrated notable strength over multiple time horizons. In the past week, the stock gained 5.24%, significantly outperforming the Sensex, which declined by 0.40% during the same period. Over the last month, CEAT posted a modest 0.91% gain while the benchmark index fell by 0.30%. Year-to-date, the stock has surged 21.22%, more than doubling the Sensex’s 8.69% rise. Over one year, CEAT’s returns stand at an impressive 26.01%, substantially outpacing the Sensex’s 7.21% gain. This outperformance extends over longer periods, with three-year returns exceeding 120%, compared to the Sensex’s 37.41%, and a five-year return of nearly 253%, dwarfing the benchmark’s 80.85%.
On 19-Dec, CEAT’s intraday high reached ₹...
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