Ceat declined 3.84% to Rs 1,089.95 after the company reported a consolidated net loss of Rs 20 crore in Q3 FY22 as compared to a net profit of Rs 132.14 posted in Q3 FY21.
The company on Wednesday allotted 250 secured, listed NCDs having face value of Rs10 lakh each through private placement basis.
Sales decline 0.69% to Rs 381.87 crore
Record date of IDCW is 25 January 2022
Utilties stocks were trading in the positive zone, with the S&P BSE Utilities index rising 25.39 points or 0.75% at 3392.62 at 09:50 IST.
Power stocks were trading in the positive zone, with the S&P BSE Power index rising 32.24 points or 0.82% at 3964.51 at 09:50 IST.
Basic materials stocks were trading in the positive zone, with the S&P BSE Basic Materials index rising 37.04 points or 0.64% at 5838.43 at 09:50 IST.
Vinayak Chatterjee co-founded Feedback Infra Pvt. Ltd. in 1990 to 2021.
The tyre maker company’s revenue from operations rose to Rs2,413cr in Q3FY22 from Rs2,221.25cr in Q3FY21.
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