Date:03/02/2008 URL: http://www.thehindubusinessline.com/2008/02/03/stories/2008020350930200.htm
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Ceat gets re-listed on the bourses

Our Bureau

Mumbai, Feb. 2 Ceat Ltd got re-listed on the bourses on Friday and opened at Rs 181.05 on the BSE. The stock touched an intra-day high of Rs 194 and a low of Rs 181.05, before closing at Rs 181.05. Its previous close on the BSE was Rs 209.35.

On the NSE, the scrip opened at Rs 261, which was also its day’s high, it touched a low of Rs 181, which was also its closing price. Its previous close on the NSE was Rs 226.25.

The total traded quantity on the BSE and NSE was 1.73 lakh shares and 2.13 lakh shares respectively. Tyre major Ceat, an RPG group company, got delisted from the stock exchanges when it demerged its tyre and investment portfolio business into a separate company in order to unlock shareholder value and sharpen focus on core operations.

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