CEAT shares rally nearly 5% as Q1 profit zooms

New Delhi: Shares of CEAT Ltd on Wednesday jumped nearly 5 per cent after the company reported a multi-fold jump in consolidated net profit for the June quarter.

The stock gained 4.66 per cent to Rs2,592.50 on the BSE. At the NSE, it rallied 4.90 per cent to Rs2,598. Tyre maker CEAT on Tuesday reported a multi-fold jump in consolidated net profit at Rs144.01 crore for June quarter 2023-24.