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CEAT shares plummet 9% after Q4 net profit dips 23% YoY
Shares of tyre maker CEAT plummeted 9% to Rs 2,383 in Friday's intraday trade on BSE after the company reported a 23% decline in its net profit to Rs 102 crore for the fourth quarter ended March 2024. The company had posted a net profit of Rs 132 crore in the January-March quarter of 2022-23.