CEAT Shares Fall Nearly 4% As Q2 Profit Drops Nearly 40%
Ceat moved lower in a quarterly results development.
· NDTV Profit
CEAT shares declined as the tyre maker reported lower profit and a contraction in operating margins for the September quarter. Investors will track whether revenue growth translates into improved profitability in the coming quarters.
The analysis
Ceat reported movement of 4% and 40%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -1.8% on the day at ₹3,087.20, and has returned -10.9% over three months. It sits 25% below its 52-week high. The auto sector has moved -7.7% over the same period, so Ceat is running 3.2 points behind its peers.
For Ceat, the question is how much of this is already reflected in the price and how much re-rates the auto peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Ceat (CEATLTD), in Auto.
- Over three months: Ceat -10.9% against Auto -7.7% (3.2 points behind).
- At least 25% below the 52-week high: Ceat (25%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| CeatCEATLTD · Auto | ₹3,087.20 | -1.8% | -5.4% | -10.9% | -25.0% | 0.4× | — |
Auto
1M -5.8% · 3M -7.7%
Ceat
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Adani Ports Q2 Results: Net profit jumps 17% YoY to Rs 3,622 crore; revenue up 24%
Bengaluru matches Tokyo with 11.5% office rent growth in Q3: Knight Frank
LIC Housing Fin Q2 net profit grows 12% YoY
IGL Q2 result: Net profit plunges 93.5% to ₹24 crore on higher gas costs
Turnaround Story: 8 stocks shift from loss to profit in September '26 quarter