Ceat Ltd.
Share Price Target & Analysis
NSE:CEATLTD
VWAP
Open
Close
High
Low
52 Week High
91.45 (3.32%)
CEATLTD
(AUTOMOBILE)Sideways to Positive
52 Week Low
EPS
PE
PB
Standard
Quality
Silver
Valuation
#Analysis
NSE: CEATLTD Share Price Financial Analysis & Valuation
Ceat Ltd. (CEATLTD) is broadly categorized in AUTOMOBILE segment industry which deals in Tyres vertical.
It is one of Mid Cap company with Market Capitalization of Rs 4369.4 (in Cr). Total number of free float shares are 4 (in Lacs).
Ceat Ltd. is listed on NSE with Exchange ID - INE482A01020 and trading code is NSE:CEATLTD with short name Ceat.
In the past 1 year, Ceat Ltd. has declared an equity dividend of Rs 3 per share. At the current share price of CEATLTD at Rs 2844.55, this results in a dividend yield of 0.11 %.
As per the Fundamental Analysis of NSE:CEATLTD, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine CEATLTD underlying value and future prospects. All of this data is available in CEATLTD financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:CEATLTD, it is clearly understood that CEATLTD is Standard performer in terms of earnings and profit margins with an EPS of 143.75. NSE:CEATLTD book value per share as of today is 976.79. The current price to book ratio for CEATLTD as of Nov 23, 2024 is 2.91.
Valuation of the Stock: The current valuation of CEATLTD stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of CEATLTD whether to BUY this stock at current valuation. The delivery percentage of CEATLTD is 29.01% is very crucial parameter which shows that 29.01% investors are anticipating that the price of CEATLTD share should go up with VWAP at 2805.89.
Now, the main question is whether to BUY or SELL, NSE:CEATLTD at current valuation.
As per latest Analysis No. #900:-
⇑ STRONG BUY CEATLTD if All Greens
⇗ BUY CEATLTD (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD CEATLTD (With Stop Loss) if only 1 Green
⇘ SELL CEATLTD if NO Green Indicator
NSE: CEATLTD Share Price Today (Nov 23, 2024)
(Ceat Ltd. Daily Analysis on the basis of CEATLTD Intraday Graph & Trend)
Ceat Ltd. share price moved Up by 3.32% from its previous close of Rs 2753.1. CEATLTD stock last traded price is 2844.55. CEATLTD share price trend is Up with a total of 56154 stocks traded till now. It has touched an intraday high of Rs 2861 and an intraday low of Rs 2760.05. The CEATLTD trading at 2844.55, Up by Rs. 91.45, or 3.32 percent which suggests that most of the Traders are anticipating that the price of CEATLTD share should go Up.
NSE: CEATLTD Share Price Tomorrow Prediction
(Ceat Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of CEATLTD)
Ceat Ltd. share price moved Up by 3.32%. CEATLTD share price short term trend is Up. It suggests that CEATLTD Share Price for Tomorrow remains the same with VWAP at 2805.89 will be treated as stop loss for intraday traders. Ceat Ltd. Long term investors can follow the CEATLTD long term trend as mentiond in future forecast table.
NSE Code |
NSE: CEATLTD |
CEATLTD Share Price Today |
2844.55 |
CEATLTD Share Price Target Prediction for 2024 ^ |
2568.4 - 3279.2 |
CEATLTD Share Price Target Prediction for 2025*^ |
3279.2 - 3493.4 |
CEATLTD Share Price Target Prediction for 2026*^ |
3493.4 - 3737.9 |
CEATLTD Share Price Target Prediction for 2027*^ |
3925 |
CEATLTD Share Price Target Prediction for 2028*^ |
4037 |
CEATLTD Share Price Target Prediction for 2030*^ |
4400 |
CEATLTD Current Book Value 2023 |
971.9 |
*Ceat Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^CEATLTD share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
CEATLTD Technical Analysis
Candlestick Pattern: @2773.95MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 2791.83 | SELL | 2775.05 | SELL |
MA_12 | 2793.29 | SELL | 2801.52 | SELL |
MA_20 | 2816.82 | SELL | 2824.19 | SELL |
MA_32 | 2907.04 | SELL | 2850.42 | SELL |
MA_50 | 2916.09 | SELL | 2852.12 | SELL |
MA_100 | 2826.51 | SELL | 2813.71 | SELL |
MA_200 | 2696.95 | BUY | 2670.59 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 2816.82 | Downtrend |
MACD | -1.73 | SELL |
ADX | 33.69 | Strong Trend |
DMI (+/-) | 15.98 / 27.22 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 44.57 | Neutral |
STOCHASTIC_K (Fast) | 32.11 | Neutral |
STOCHASTIC_D (Slow) | 28.43 | Neutral |
CCI | -80.23 | Neutral |
PSAR | 2912.21 | SELL |
TRUE RANGE | 139 | Neutral |
ATR | 99.71 | Neutral |
WILLIAMS R | -55.61 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 55.73 | Neutral |
STOCHASTIC RSI D | 18.58 | Oversold |
MOMENTUM | -170.8 | SELL |
Duration | Value |
---|---|
1 Year | 29.96% |
3 Months | 6.01% |
1 Month | -5.8% |
1 Week | -3.47% |
Action | Overall (%) |
---|---|
BUY | 10% |
NEUTRAL / HOLD | 30% |
SELL | 60% |
Most popular Questions & Answers about CEATLTD
Ceat Ltd. stock last traded price is 2844.55. CEATLTD share price moved Up by 3.32% from its previous close of Rs 2753.1.
Ceat Ltd. share price trend is Up with a total of 56154 stocks traded till now. It has touched an intraday high of Rs 3295.63 and an intraday low of Rs 2760.05. The CEATLTD trading at 2844.55, Up by Rs. 91.45, or 3.32 percent which suggests that most of the Traders are anticipating that the price of CEATLTD share should go Up and the Stop Loss will be around 2805.89.
The market cap of Ceat Ltd. is ₹4369.4 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Ceat Ltd. as of Nov 22, 2024 is 26.69.
The current price to book ratio for Ceat Ltd. as of Nov 22, 2024 is 2.91.
The highest price of Ceat Ltd. stock is ₹3263 in the last 52-week.
The lowest price of Ceat Ltd. stock is ₹2081.55 in the last 52-week.
Ceat Ltd. share trading at ₹2844.55, Up by Rs. 91.45, or 3.32 percent which suggests that most of the traders are anticipating that the price of CEATLTD share should go Up.
In 2023, Stock price target for Ceat Ltd. (CEATLTD) are ₹2568.4 on downside and ₹3279.2 on upside. Ceat Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for Ceat Ltd. (CEATLTD) are ₹3279.2 on downside and ₹3493.4 on upside. Ceat Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Ceat Ltd. (CEATLTD) are ₹3493.4 on downside and ₹3737.9 on upside. Ceat Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Ceat Ltd. (CEATLTD) will be around ₹4037 Ceat Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of CEATLTD.
The price of Ceat Ltd. (CEATLTD) shares moved by 3.32%. The short-term trend for CEATLTD share price is Up. It implies that the share price of CEATLTD will stay the same tomorrow and that intraday traders should treat VWAP at 2805.89 as a stop loss. Investors with a long-term outlook can track CEATLTD long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of CEATLTD stock is 1723.6. Compared to the current market price of 2844.55 INR, the CEATLTD stock is Overvalued by 39.4%.
As per the fundamental analysis of Ceat Ltd. (CEATLTD), it is of Standard quality in terms of earnings and profit margins with an EPS of 143.75. Ceat Ltd. book value per share as of today is 976.79. The current price to book ratio for CEATLTD as of Nov 23, 2024 is 2.91.
NSE:CEATLTD News & Other Useful Information about CEATLTD Share Price
Peer Comparison of NSE: CEATLTD
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Tyres
Company | Price | EPS | BV |
---|---|---|---|
BALKRISIND | 2763.60 | 83.64 | 458.41 |
MRF | 124597.00 | 4493.01 | 38764.7 |
APOLLOTYRE | 495.00 | 13.6 | 164.37 |
CEATLTD | 2844.55 | 143.75 | 976.79 |
JKTYRE | 361.20 | 20.18 | 142.28 |
GOODYEAR | 1273.70 | 58.62 | 261.46 |
TVSSRICHAK | 3582.90 | 100.99 | 1454.83 |
PTL | 40.32 | 2.27 | 63.69 |
ELGIRUBCO | 99.51 | 2.51 | 62.69 |
MODIRUBBER | 127.08 | 4.09 | 93.27 |