Tyre maker Ceat has given shocking returns to its investors.

On Thursday, the share price of Ceat increased by 20% and it crossed the level of Rs 1600.

This is Ceat best performance in 52 weeks.

On Thursday, the share price went up to Rs 1661 and got an upper circuit.

Compared to a day earlier, the price increased by Rs 276.80 or 20%.

Talking about the market capital, it stood at Rs 6718.76 crore.

The stock has gained over 75% in the last 3 months.

There is an increase of about 23% in the last month.