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CEAT gains on partial resumption of work

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CEAT, after market hours yesterday (4 May 2020), informed about the partial resumption of operations at the company's plants located at Nashik, Maharashtra and Halol, Gujarat.

CEAT said the company is taking all recommended precautions and preventive measures to ensure health and safety of its employees at all its offices located in the containment zones or the Red, Amber and Green Zones, as per the advisories issued for the respective Zones. The company has partially resumed operations with restricted movement of manpower as prescribed, while taking all the necessary steps for ensuring complete sanitization and social distancing norms, it added.

The scrip is currently trading with gain of 2.10% at Rs 788.55. It has traded in the range of Rs 775 and Rs 810.20 so far during the day.

CEAT, the flagship company of RPG Enterprises, is a tyre manufacturers and has a strong presence in global markets.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, May 05 2020. 09:17 IST