CEAT’s Stock Price Declines by -5.71% Amidst Underperformance in Midcap Industry
Despite a recent decline, CEAT’s stock is still trading higher than its moving averages and has outperformed the market in the past month. MarketsMojo recommends a ‘Hold’ for CEAT based on its recent performance and market trends.
CEAT, a leading tyre and allied company in the midcap industry, has seen a decline of -5.71% in its stock price on December 10, 2024. This drop in stock price has been attributed to the company’s underperformance in the sector, with a -3.28% difference.
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