CEATLTD.NSE News

An announcement from CEAT Limited ( ($IN:CEATLTD) ) is now available. CEAT Limited has disclosed that the GST State Tax Officer in Chennai has rais...

In this briefing: Birla Corporation: Focus on Premiumisation, Q3FY26 Subdued. Maintain ADD Q3FY26 Earnings Preview - Banks, Financial Services & Insurance (BFSI) Q3FY26 Earnings Preview - Metals and Mining Q3FY26 Earnings Preview - Pharma and Healthcare Axis Punch: CEAT Ltd - 7 Th January, 2026 1. Birla Corporation: Focus on Premiumisation, Q3FY26 Subdued. Maintain ADD We maintain ADD rating on Birla Corp (BCORP) with a revised target price of 1,370/share (8x its FY28E consolidated EBITDA) While BCORP reported healthy, industry leading 8% volume growth in H1FY26, we expect subdued demand conditions and increased competition to lead to a sequential volume decline in Q3FY26E That said, BCORP continues to strengthen its competitive positioning, supported by industry-leading premium cement mix (~59% in H1FY26, up from 51% in FY22), which aids pricing resilience amid heightened competition. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.

In this briefing: Pre-IPO Proya Cosmetics (A/H Listing)- The Downward Trend in Performance May Be Difficult to Reverse Stride: Why Its “Quality First” Enrollment Strategy Is a Power Move! LG Energy Solution (373220 KS/Buy)Down-Cycle Nearing an End Axis Punch: CEAT Ltd - 7 Th January, 2026 Varun Baverage: Expecting Turnaround In H2FY26 1. Pre-IPO Proya Cosmetics (A/H Listing)- The Downward Trend in Performance May Be Difficult to Reverse Since listing, PROYA's revenue has maintained double-digit growth rate. But in 2025, PROYA lost its momentum. While core brand PROYA was struggling, the multi-brand matrix failed to turn the tide. The competition for traffic among major brands is becoming increasingly fierce, and the cost of acquiring customers is rising, which has led to the high and growing expenses of PROYA. Considering PROYA’s current situation of slowing growth, a certain valuation discount may occur. The reasonable P/E ratio range could be 20-25x, lower than peers such as Mao Geping , Chicmax. 2.

In this briefing: Q3FY26 Earnings Preview - Banks, Financial Services & Insurance (BFSI) Q3FY26 Earnings Preview - Metals and Mining Q3FY26 Earnings Preview - Pharma and Healthcare Axis Punch: CEAT Ltd - 7 Th January, 2026 Varun Baverage: Expecting Turnaround In H2FY26 1. Q3FY26 Earnings Preview - Banks, Financial Services & Insurance (BFSI) The systemic loan growth has shown signs of revival, and as per the latest RBI print as of 15th December, 2025, systemic credit growth stood at 12% YoY, a stark improvement vs Sep’25 levels. Banks that have reported their provisional updates have reported a healthy sequential growth. We expect banks under our coverage to deliver ~12.4% YoY credit growth, in-line with industry growth. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below. 2. Q3FY26 Earnings Preview - Metals and Mining In Q3FY26, we expect moderation in absolute EBITDA and margins across steel and Aluminium names under our coverage.

The Automotive Tyre Manufacturers Association has urged the government to reduce GST rates on tyres as part of the upcoming rate rationalization exercise.

Analysts expect Nifty to remain range-bound between 24,550 and 24,750.

Investors will keep an eye out for developments around the GST Council meeting later this week.

InterGlobe Aviation and Max Healthcare Institute to replace Hero MotoCorp and IndusInd Bank in the Nifty 50 index, effective Sept. 30