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CEAT stock jumps after company to invest $171 Million in Sri Lanka

CEAT Ltd has invested US$171 million in Sri Lanka to expand Off-Highway Tyres and tracks production, strengthen export operations, and secure employment for 1,483 workers.

Introduction

Leading tyre manufacturer has expanded its global footprint with a major investment in Sri Lanka, aimed at boosting Off-Highway Tyres and tracks production, enhancing export capacity, and ensuring job security for over 1,400 employees.

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Share price movement of CEAT

On August 25, 2025, Ceat Ltd opened at ₹3,197.05, up 0.22% from its previous close of ₹3,190.10. The stock touched a high of ₹3,265.00 (1.90%) and a low of ₹3,196.55. By 9:55 AM, it traded at ₹3,215.55, a 0.80% increase, with a market cap of ₹13,006.93 crore.

CEAT Ltd Strengthens Global Presence with CEAT OHT Lanka

CEAT Ltd’s subsidiary CEAT OHT Lanka has signed an agreement with the Board of Investment of Sri Lanka for a US$171 million investment. This marks one of the largest Indian investments in Sri Lanka’s manufacturing sector. The investment focuses on Off-Highway Tyres and tracks.

The facilities at Midigama and Kotugoda will expand manufacturing capacity for tyres and tracks used in compact construction equipment. These units will focus on export-led production. This move strengthens Sri Lanka’s role in global high-value manufacturing and exports.

A Tripartite MoU was signed by CEAT OHT Lanka, Michelin Lanka, and ICEU to ensure job security. Around 1,483 employees will retain past service, seniority, salaries, and benefits. No retrenchments will occur.

Recent news on CEAT

As of July 18, 2025, CEAT Ltd reported a 27.16% drop in Q1 net profit to ₹112.3 crore, while revenue rose to ₹3,529.41 crore. The company plans ₹450 crore Chennai plant expansion.

Stock performance of CEAT for Period of 1 week, 6 months, and 1 year

Ceat Ltd delivered a -1.48% return over the past week, gained 17.8% in the past six months, and recorded an 11.8% rise over the past year.

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Shareholding pattern of CEAT

ParticularsJun 2025Mar 2025Dec 2024
Promoter47.20%47.20%47.20%
FII17.40%15.30%15.80%
DII20.10%21.50%20.50%
Public15.30%16.00%16.40%

About CEAT

CEAT Ltd (NSE: CEATLTD) is a leading tyre manufacturer under RPG Group, producing tyres for cars, two-wheelers, trucks, and off-highway vehicles. It serves global markets, exports to 110+ countries, and holds prestigious quality and innovation recognitions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is CEAT Ltd share price going up today?

A: CEAT Ltd shares rose after the company announced a US$171 million investment in expanding operations in Sri Lanka.

Q: What does CEAT Ltd specialize in?

A: CEAT Ltd specializes in manufacturing tyres for passenger cars, two-wheelers, trucks, buses, and off-highway vehicles globally.

Q: What is the 52-week high and low of CEAT Ltd stock?

A: CEAT Ltd has a 52-week high of ₹4,048.95 and a 52-week low of ₹2,322.05.

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जैन: 6% अमेरिकी बॉन्ड यील्ड का भारतीय बाजार पर प्रभाव इक्विटी वैल्युएशन में गिरावट का जोखिम पैदा कर सकता है

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