Highlights

• Goodyear India operates in the tyres, tubes and flaps segment.
• The stock remains below its 52-week high reached in April 2026.
• Long-term returns continue to trail the broader market benchmark.

Goodyear India Limited (NSE:GOODYEAR) was trading at INR 745.10 on 16 June 2026, down 0.13% from its previous close of INR 746.05. The stock traded within a narrow range during the session, touching a high of INR 749.80 and a low of INR 740.10.

The company is engaged in the manufacturing and trading of tyres, tubes and flaps and is a participant in India's farm tyre market. Despite the limited movement during the session, investors continue to track the stock's performance after a challenging period across longer investment horizons.

Performance Trends Show Mixed Signals

Goodyear India has delivered mixed returns across different periods when compared with the NIFTY 50 Index. Over the past week, the stock gained 1.79%, although this was lower than the NIFTY 50's return of 3.00%. During the last month, the stock declined 0.75%, while the benchmark gained 1.25%.

On a year-to-date basis, Goodyear India has fallen 6.56%, though this compares favourably with the benchmark's decline of 8.44%.

The one-year return stands at 0.00%, compared with a 4.04% decline in the NIFTY 50. However, longer-term returns remain weak, with the stock declining 37.31% over three years and 24.37% over five years, significantly trailing benchmark performance.

Market Capitalisation and Trading Activity

The stock recorded trading volume of approximately 0.02 lakh shares, with traded value of around INR 0.17 crore. Goodyear India currently has a market capitalisation of INR 1,718.69 crore and a free-float market capitalisation of INR 417.45 crore.

The impact cost stands at 0.37, indicating relatively lower liquidity compared with larger and more actively traded stocks. Deliverable volume accounted for 78.68% of traded quantity during the session.

Trading Below Annual Peak

Goodyear India touched a 52-week high of INR 834.00 on 21 April 2026 and a 52-week low of INR 711.25 on 3 June 2026.

At the current market price of INR 745.10, the stock is trading below its annual peak but remains above the recent low recorded earlier this month. The relatively narrow gap between the current market price and the 52-week low indicates that the stock continues to trade closer to the lower end of its annual range than its peak level.

Business Overview

Goodyear India is engaged in the manufacturing and trading of tyres, tubes and flaps. The company has a presence in the agricultural tyre segment and participates in India's farm tyre market.

The tyre industry is influenced by factors such as automobile demand, agricultural activity, replacement tyre demand, raw material prices and broader economic conditions. Manufacturers in this segment also monitor trends in rubber prices, transportation costs and competitive market dynamics.

Valuation Data Not Available

Exchange data currently shows that Goodyear India's symbol P/E and adjusted P/E ratios are not available. As a result, investors often focus on operational performance, revenue trends, profitability metrics and industry developments when assessing the company's market valuation. The stock was listed for trading under its current exchange classification on 20 April 2026, according to exchange data.

Bull Case

Goodyear India has maintained a market capitalisation above INR 1,700 crore and remains above its recent 52-week low. The stock has also outperformed the NIFTY 50 on a year-to-date basis despite broader market volatility.

Bear Case

The stock has delivered negative three-year and five-year returns and remains below its 52-week high. Lower liquidity and tyre industry demand fluctuations could continue to influence market performance.

Key Risks

• Raw material cost increases may affect profitability.
• Agricultural demand fluctuations may impact tyre sales.
• Lower liquidity could increase price volatility.
• Competitive pressures may affect market share.

Summary

Goodyear India, engaged in the manufacturing and trading of tyres, tubes and flaps, was trading at INR 745.10 on 16 June 2026. While the stock has outperformed the NIFTY 50 on a year-to-date basis, it continues to lag the benchmark over three-year and five-year periods. Trading below its 52-week high of INR 834.00, the company remains exposed to tyre industry demand trends, raw material costs and broader economic conditions.

FAQs

Q: What business does Goodyear India operate in?
A: Goodyear India manufactures and trades tyres, tubes and flaps, with a presence in the farm tyre market.

Q: What is Goodyear India's 52-week high price?
A: The stock reached a 52-week high of INR 834.00 on 21 April 2026.

Q: How has Goodyear India performed over three years?
A: The stock has declined approximately 37.31% over the last three-year period.