BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
CEAT Ltd.'s Q2 FY21 performance was driven by strong demand across segments, favorable mix, lower raw material cost and operating leverage.
While near-term performance would be impacted by higher original equipment manufacturer share and rubber price inflation, sustained demand recovery would help utilise recent capacity additions, drive free cash flow generation and balance sheet deleveraging.
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