The shares will be sold at a floor price of ₹258.50 a share, which translates into more than a 5% discount to Wednesday’s closing price of ₹272.80 on the National Stock Exchange.
CEAT Q3 Results: Net profit falls 46% to Rs 97 crore on high raw materials cost
CEAT Ltd’s Q3 consolidated net profit fell by 46.48% to Rs 97.03 crore due to high raw material costs. Revenue grew to Rs 3,299.9 crore,