Yuva Patrkaar, New Delhi : The shares of Ceat, a well-known tire maker, saw a stormy rise on Thursday. The stock gained up to 20% on the fourth trading day of the week to reach another new high of ₹2510.75. With this, the stock has also crossed its previous record high of ₹2,181.69.

The company's stock had touched this level on May 25, 2023. Whereas, on Thursday the closing price was ₹ 2498.10. This shows a strong gain of ₹405.80 or 19.39% in the stock from the day before. Due to this boom, the market cap of Ceat. It also easily crossed the Rs 10,000 crore mark. Also, its market cap has crossed the ₹10,200 crore mark in intra-day trading.

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When How Much Return

Ceat's stock has given huge returns in different periods. Its share price has climbed up to 20% in a span of one week. Not only this but it has climbed up to 32% in a month and up to 145% in the last one year. For information, let us tell you that on a year-to-day (YTD) basis, its stock has registered a gain of up to 55 percent.

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