Bengaluru, March 20 -- This Smallcap stock, which deals in the business of manufacturing tyres, a part of the RPG Group, surged upto 6 percent after management guided double-digit growth in FY25 & FY26.

Share Price Movement

In Thursday's trading session, Ceat's share price touched a day's high of Rs. 2,894.25 which was up by 5.66 percent. The stock reiterated from the day's high and was trading at Rs. 2,802.55 which is 2.31 percent higher than the previous closing price of Rs. 2,739.15 apiece.

In the past year, the stock has given around 13 percent returns, and compared to the Nifty Index, Ceat has outperformed.

What happened

Ceat stock is in focus after the Company's CEO, Arnab Banerjee in an interview with CNBC said that they have ...