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On 27 January 2022

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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.

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The company on Wednesday allotted 250 secured, listed NCDs having face value of Rs10 lakh each through private placement basis.

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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.

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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.

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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.

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