CEAT, one of the leading tyre companies in India, witnessed a rise in share price on Friday after it announced a substantial rise in standalone net profit for the quarter ended December 2014.  During the quarter, the profit of the company rose 33.32% to Rs 892.60 million from Rs 669.50 million  in the same quarter last year.

Net sales for the quarter declined marginally 1.29% to Rs 14,201.50 million, compared with Rs 14,386.80 million for the prior year period.

Shares of the company are trading at Rs 812.90, up Rs 9.25, or 1.15% at the Bombay Stock Exchange (BSE) on Friday at 10:45 a.m.

The scrip has touched an intra-day high of Rs 835 and low of Rs 810.15. The total volume of shares traded at the BSE is 35,365.