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CEAT Has Nomura Bullish On Double-Digit Growth Plans For FY26

Summary by NDTV Profit
CEAT is aiming to grow ahead of the industry with plans to increase its market share in both the passenger car radial and truck and bus radial segments by fiscal 2026, according to takeaways from its annual investor meet held on June 3. Nomura maintained its 'buy' call on the stock, with a target price of Rs 3,945, implying a potential upside of 7% from current levels.In the PCR segment, CEAT is targeting a market share increase from 16% to 17.0…
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NDTV Profit broke the news in on Wednesday, June 4, 2025.
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