Goodyear India Ltd
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Trading Reference
AI Probability Statement
Probability Statement
Goodyear India Ltd is currently trading near a key support level, with recent volume indicating potential accumulation. If it breaks above the resistance level, there is a favorable outlook for a price increase in the medium term. However, if it falls below the support, a decline is likely.
Probability estimates are technical-context statements, not investment advice.
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Business Overview
Goodyear India Ltd is a leading tire manufacturer in India, known for its high-quality products and innovative technology. Catering to a diverse range of customers, including passenger vehicles, commercial fleets, and two-wheelers, Goodyear ensures safety and performance on the road. With a strong commitment to sustainability and customer satisfaction, the company plays a crucial role in the automotive sector. Goodyear's extensive distribution network and focus on research and development make it a trusted choice for consumers and businesses alike.
- Established brand with a strong reputation
- Wide range of tires for various vehicles
- Focus on innovation and technology
- Commitment to sustainability
- Extensive distribution network across India
Investment Thesis
Goodyear India Ltd presents a compelling investment opportunity due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to industry peers. These factors position the company for robust long-term performance.
- Strong backing from the Goodyear Tire & Rubber Company enhances credibility.
- Expansion into digital services opens new revenue streams.
- Valuation metrics indicate potential upside compared to competitors.
- Established brand with a loyal customer base in the Indian market.
- Focus on innovation and sustainability aligns with market trends.
Opportunity vs Risk
- Strong brand recognition in tires
- Growing demand for electric vehicles
- Expansion into rural markets
- Innovative product offerings
- Strategic partnerships with automakers
- Intense competition in tire industry
- Fluctuating raw material prices
- Economic slowdown impacts sales
- Regulatory changes affecting operations
- Dependence on automotive sector trends
Peer Perspective
Goodyear India Ltd trades at a slight premium compared to peers like Apollo Tyres and CEAT, reflecting robust margin stability; however, a growth acceleration in the domestic market could trigger a rerating.
Future Outlook
Goodyear India Ltd is well-positioned for growth, driven by increasing demand for tires and strong brand loyalty. Successful execution of cost control measures will be key to enhancing profitability in the coming quarters.
AI FAQs for Retail Users
- Q: What does Goodyear India Ltd do?A: Goodyear India Ltd manufactures tires and rubber products for various vehicles.
- Q: Is Goodyear India Ltd a good investment?A: Investment suitability depends on your financial goals and risk tolerance. Research is recommended.
- Q: What are the main risks of investing in Goodyear India Ltd?A: Risks include market fluctuations, competition, and changes in raw material costs.
- Q: How can I buy shares of Goodyear India Ltd?A: Shares can be purchased through a registered stockbroker or online trading platform.
- Q: What is the dividend policy of Goodyear India Ltd?A: Dividends are declared based on company performance and board decisions. Check recent announcements for updates.
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10BusinessHighThe tire industry is stable but faces competition from global players.
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10GrowthHighModerate revenue growth observed, but profit margins are under pressure.
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10ProfitabilityHighROE and ROCE are decent but not exceptional.
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8ValuationHighValuation metrics are slightly above industry average.
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7BalanceHighDebt levels are manageable, but liquidity could be improved.
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6GovernanceGoodPromoter holding is strong, but there are some concerns about disclosures.
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5DriversGoodGrowth drivers are limited, with execution risks present.
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5TechnicalsGoodMarket sentiment is neutral with low liquidity.
AI Confidence Score
Instead of just “overall score,” broken into categories:
- Business Strength: 70/100
- Growth Potential: 65/100
- Profitability: 60/100
- Governance: 75/100
- Market Confidence: 68/100