Goodyear India Ltd
GOODYEAR

715.00

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Reco. Price
Rs 715.00
We recommend an ACCUMULATE on the stock on the back of rebound in tractor sales volumes and replacement demand. Also, Company plans to significantly grow its presence in Passenger Vehicle (PV) segment through expansions. The stock is currently trading at FY17E P/E of 8.7x. (Target - Rs.760)
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50 DMA (.)
709.90
100 DMA (.)
735.42
200 DMA (.)
638.06
Weekly Range (.)
706.00
731.00
Monthly Range (.)
697.00
755.00
52 Weeks Range (.)
443.10
921.00
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