Published On:July 23 2024
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CEAT Plans ₹1,000 Crore Capex for FY25 Amid Margin Concerns.

RPG Group company CEAT has announced a capital expenditure of ₹1,000 crore for the current fiscal year, according to managing director Arnab Banerjee. Despite this significant investment, the company anticipates continued margin pressure for another quarter, driven by the consistent increase in natural rubber prices.

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