Ceat’s MD & CEO Arnab Banerjee explains that price hikes will continue due to inadequate pass-through of raw material costs, with further increases anticipated in September. Despite high natural rubber prices, Ceat aims for growth in international markets and has planned significant capex for FY25. Banerjee also says the overall OEM demand will be flattish. But the replacement demand is not flat.
Unified Data-Tech IPO opens for subscription: Check GMP, price band and others
Unified Data-Tech Solutions launched its IPO on May 22, aiming to raise Rs 144.47 crore through an offer for sale. With a price band of