CEAT share price slumps over 9% on Q1 results. Should you buy, sell or hold?

CEAT share price slumped over 9% after the tyre maker reported a 27% year-on-year decline in standalone net profit at ₹98 crore for Q1 FY27, down from ₹135 crore a year ago, despite an 18% rise in revenue to around ₹4,163 crore. Consolidated profit came in at just ₹4 crore, well below Motilal Oswal's estimate of ₹50.2 crore, owing to sharply higher interest costs. Separately, the Board approved a ₹1,205-crore capex plan to expand two-wheeler tyre capacity by 53,000 tyres per day by FY31, funded via internal accruals and debt.