Goodyear India Limited
Share Price Target & Analysis
NSE:GOODYEAR
VWAP
Open
Close
High
Low
52 Week High
0.00 (0%)
GOODYEAR
(AUTOMOBILE)Sideways to Positive
52 Week Low
EPS
PE
PB
Economical
Quality
Silver
Valuation
#Analysis
NSE: GOODYEAR Share Price Financial Analysis & Valuation
Goodyear India Limited (GOODYEAR) is broadly categorized in AUTOMOBILE segment industry which deals in Tyres vertical.
It is one of Small Cap company with Market Capitalization of Rs 2214.5 (in Cr). Total number of free float shares are 0 (in Lacs).
Goodyear India Limited is listed on NSE with Exchange ID - INE533A01012 and trading code is NSE:GOODYEAR with short name Goodyear.
In the past 1 year, Goodyear India Limited has declared an equity dividend of Rs 100 per share. At the current share price of GOODYEAR at Rs 1273.70, this results in a dividend yield of 7.85 %.
As per the Fundamental Analysis of NSE:GOODYEAR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine GOODYEAR underlying value and future prospects. All of this data is available in GOODYEAR financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:GOODYEAR, it is clearly understood that GOODYEAR is Economical performer in terms of earnings and profit margins with an EPS of 58.62. NSE:GOODYEAR book value per share as of today is 261.46. The current price to book ratio for GOODYEAR as of Nov 23, 2024 is 4.87.
Valuation of the Stock: The current valuation of GOODYEAR stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of GOODYEAR whether to BUY this stock at current valuation. The delivery percentage of GOODYEAR is 55.07% is very crucial parameter which shows that 55.07% investors are anticipating that the price of GOODYEAR share should go up with VWAP at 1286.02.
Now, the main question is whether to BUY or SELL, NSE:GOODYEAR at current valuation.
As per latest Analysis No. #2759:-
⇑ STRONG BUY GOODYEAR if All Greens
⇗ BUY GOODYEAR (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD GOODYEAR (With Stop Loss) if only 1 Green
⇘ SELL GOODYEAR if NO Green Indicator
NSE: GOODYEAR Share Price Today (Nov 23, 2024)
(Goodyear India Limited Daily Analysis on the basis of GOODYEAR Intraday Graph & Trend)
Goodyear India Limited share price moved Down by 0% from its previous close of Rs 1273.7. GOODYEAR stock last traded price is 1273.70. GOODYEAR share price trend is Down with a total of 24143 stocks traded till now. It has touched an intraday high of Rs 1311.95 and an intraday low of Rs 1255.25. The GOODYEAR trading at 1273.70, Down by Rs. 0.00, or 0 percent which suggests that most of the Traders are anticipating that the price of GOODYEAR share should go Down.
NSE: GOODYEAR Share Price Tomorrow Prediction
(Goodyear India Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of GOODYEAR)
Goodyear India Limited share price moved Down by 0%. GOODYEAR share price short term trend is Down. It suggests that GOODYEAR Share Price for Tomorrow remains the same with VWAP at 1286.02 will be treated as stop loss for intraday traders. Goodyear India Limited Long term investors can follow the GOODYEAR long term trend as mentiond in future forecast table.
NSE Code |
NSE: GOODYEAR |
GOODYEAR Share Price Today |
1273.70 |
GOODYEAR Share Price Target Prediction for 2024 ^ |
1179.8 - 1458.2 |
GOODYEAR Share Price Target Prediction for 2025*^ |
1458.2 - 1553.4 |
GOODYEAR Share Price Target Prediction for 2026*^ |
1553.4 - 1662.1 |
GOODYEAR Share Price Target Prediction for 2027*^ |
1745 |
GOODYEAR Share Price Target Prediction for 2028*^ |
1795 |
GOODYEAR Share Price Target Prediction for 2030*^ |
1957 |
GOODYEAR Current Book Value 2023 |
260.2 |
*Goodyear India Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^GOODYEAR share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
GOODYEAR Technical Analysis (In Process... .. .)
Please wait for a while and refresh the page to check again.
Most popular Questions & Answers about GOODYEAR
Goodyear India Limited stock last traded price is 1273.70. GOODYEAR share price moved Down by 0% from its previous close of Rs 1273.7.
Goodyear India Limited share price trend is Down with a total of 24143 stocks traded till now. It has touched an intraday high of Rs 1465.51 and an intraday low of Rs 1255.25. The GOODYEAR trading at 1273.70, Down by Rs. 0.00, or 0 percent which suggests that most of the Traders are anticipating that the price of GOODYEAR share should go Down and the Stop Loss will be around 1286.02.
The market cap of Goodyear India Limited is ₹2214.5 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Goodyear India Limited as of Nov 22, 2024 is 47.98.
The current price to book ratio for Goodyear India Limited as of Nov 22, 2024 is 4.87.
The highest price of Goodyear India Limited stock is ₹1451 in the last 52-week.
The lowest price of Goodyear India Limited stock is ₹1005.1 in the last 52-week.
Goodyear India Limited share trading at ₹1273.70, Down by Rs. 0.00, or 0 percent which suggests that most of the traders are anticipating that the price of GOODYEAR share should go Down.
In 2023, Stock price target for Goodyear India Limited (GOODYEAR) are ₹1179.8 on downside and ₹1458.2 on upside. Goodyear India Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Goodyear India Limited (GOODYEAR) are ₹1458.2 on downside and ₹1553.4 on upside. Goodyear India Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Goodyear India Limited (GOODYEAR) are ₹1553.4 on downside and ₹1662.1 on upside. Goodyear India Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Goodyear India Limited (GOODYEAR) will be around ₹1795 Goodyear India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of GOODYEAR.
The price of Goodyear India Limited (GOODYEAR) shares moved by 0%. The short-term trend for GOODYEAR share price is Down. It implies that the share price of GOODYEAR will stay the same tomorrow and that intraday traders should treat VWAP at 1286.02 as a stop loss. Investors with a long-term outlook can track GOODYEAR long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of GOODYEAR stock is 702.9. Compared to the current market price of 1273.70 INR, the GOODYEAR stock is Overvalued by 44.8%.
As per the fundamental analysis of Goodyear India Limited (GOODYEAR), it is of Economical quality in terms of earnings and profit margins with an EPS of 58.62. Goodyear India Limited book value per share as of today is 261.46. The current price to book ratio for GOODYEAR as of Nov 23, 2024 is 4.87.
NSE:GOODYEAR News & Other Useful Information about GOODYEAR Share Price
Peer Comparison of NSE: GOODYEAR
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Tyres
Company | Price | EPS | BV |
---|---|---|---|
BALKRISIND | 2763.60 | 83.64 | 458.41 |
MRF | 124597.00 | 4493.01 | 38764.7 |
APOLLOTYRE | 495.00 | 13.6 | 164.37 |
CEATLTD | 2844.55 | 143.75 | 976.79 |
JKTYRE | 361.20 | 20.18 | 142.28 |
GOODYEAR | 1273.70 | 58.62 | 261.46 |
TVSSRICHAK | 3582.90 | 100.99 | 1454.83 |
PTL | 40.32 | 2.27 | 63.69 |
ELGIRUBCO | 99.51 | 2.51 | 62.69 |
MODIRUBBER | 127.08 | 4.09 | 93.27 |