CEAT Q3 Beats Estimates; Nuvama Sees 21% Upside

CEAT, a tyre company, did really well in the last three months of the year.

They made a lot more money than people thought they would.

A company called Nuvama thinks CEAT is doing great and that their stock (which is like a piece of the company you can buy) could go up by 21% in the next few years.

They're also buying another company called Camso, which will take a few more months to finish.

Nuvama thinks CEAT will keep growing and making more money, even though they have some debt from buying Camso.

Right now, CEAT's stock is a bit lower, but Nuvama thinks it will go up a lot soon.