FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» LOFC Future
by rukshan1234 Today at 1:51 am

» Buy lofc tomorrow - Maharaja
by Dasun Maduwantha Today at 12:32 am

» SGH buys EXPO from retailers
by blindhog Yesterday at 11:04 pm

» LOLC FINANCE PLC (LOFC.N0000)
by Surajmp Yesterday at 8:44 pm

» L G I L - Maharaja special
by Chula Yesterday at 8:13 pm

» HAYLEYS PLC (HAYL.N0000)
by cseboss Yesterday at 11:34 am

» NO FURTHER INCREASE IN TAXES-PRES. RANIL WICKRAMASINGHE
by ADVENTUS Tue Aug 09, 2022 3:48 pm

» AAIC 100 = SCAP 16
by Equity Win Tue Aug 09, 2022 2:11 pm

» CARGO BOAT DEVELOPMENT COMPANY PLC (CABO.N0000)
by Dasun Maduwantha Tue Aug 09, 2022 12:10 pm

» Nestle‚ declares highest ever dividend
by Shiranli Tue Aug 09, 2022 11:24 am

» PRIME LANDS RESIDENCIES PLC (PLR.N0000)
by Anushka Perz Tue Aug 09, 2022 11:15 am

» MULTI FINANCE PLC (MFL.N0000)
by Eleven Mon Aug 08, 2022 9:28 pm

» AGSTAR PLC (AGST.N0000)
by Thushara Ayya Mon Aug 08, 2022 4:18 pm

» ACL; MELS; HHL; BIL; LWL- STOCKS TO WATCH
by ADVENTUS Mon Aug 08, 2022 1:43 pm

» LIOC ....Get in soon
by samaritan Mon Aug 08, 2022 11:49 am

» Sinopec likely to enter Lankan fuel market
by samaritan Mon Aug 08, 2022 9:41 am

» RW - Rescue Warrior of Sri Lanka's Economy
by reyaz Mon Aug 08, 2022 8:17 am

» Should Central bank increase Interest rates?
by reyaz Mon Aug 08, 2022 7:52 am

» LPRT and CHOT old and profitable businesses, yet severely undervalued
by sheildskye Sun Aug 07, 2022 12:05 pm

» Day Trader may find a stock attractive if it moves a lot during the day. Stock market for beginners and day traders
by Asoka Samarakone Sat Aug 06, 2022 11:54 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » CEAT to officially open Rs.600mn radial tyre plant next week

CEAT to officially open Rs.600mn radial tyre plant next week

2 posters

Go down  Message [Page 1 of 1]

Jayashantha

Jayashantha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CEAT Kelani Holdings, a joint venture between India’s RPG Group and Sri Lanka’s Kelani Tyre, is scheduled t o officially open a Rs.600 million passenger car radial tyre production facility next week, with the aegis of Economic Development Minister Basil Rajapaksa.

The new plant is integrated with the sprawling CEAT Kelani manufacturing complex in Kelaniya, enabling it to seamlessly augment production of CEAT-branded tyres for the domestic and export markets.

When t he new t yre building machines and presses start production, CEAT Kelani will increase its radial tyre building and curing capacity by 70 percent, from 23,000 tyres per month to 39,000.

The market leader in Sri Lanka in both the radial and commercial tyre segments, CEAT has accounted for nearly 50 percent of the country’s tyre requirements since the second quarter of 2013-14.

The brand currently has market shares of 57 percent for tyres in the truck/light truck category, 32 percent in radials, 46 percent in three-heeler, 19 percent in motorcycle and 73 percent in the agricultural segments.

http://www.dailymirror.lk/business/other/48050-ceat-to-officially-open-rs600mn-radial-tyre-plant-next-week-.html

lux2014

lux2014
Manager - Equity Analytics
Manager - Equity Analytics

What are the chances for CEAT's share reflecting the improvements pl?

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum