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Goodyear India declines on registering 21% fall in Q1 net

14 May 2012 Evaluate

Goodyear India is currently trading at Rs. 326.15, down by 5.50 points or 1.66% from its previous closing of Rs. 331.65 on the BSE.

The scrip opened at Rs. 336.00 and has touched a high and low of Rs. 336.00 and Rs. 326.10 respectively. So far 3418 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 412.80 on 13-Apr-2012 and a 52 week low of Rs. 269.25 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 368.00 and Rs. 326.10 respectively. The current market cap of the company is Rs. 763.62 crore.

Non-Institutions held the entire 100% stake in the company

Tyre maker, Goodyear India has posted 20.75% fall in net profit for the first quarter ended March 31, 2012, at Rs 10.92 crore. The company had posted a net profit of Rs 13.78 crore in the corresponding period last year.

The company’s total income from operations during the quarter also went down by 1.83% to Rs 331.06 crore from Rs 337.22 crore in the year-ago period.

Goodyear India is engaged in the manufacturing and marketing automotive tyres, tubes and flaps. Automotive tyres include farm, truck and passenger tyres. Other products of the company include tubes/flaps, rubber products and two and three-wheeler tyres.

Goodyear India Share Price

783.05 6.85 (0.88%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
MRF 139772.66
Apollo Tyres 445.30
CEAT 3713.55
Balkrishna Inds. 2329.80
JK Tyres & Inds. 428.30
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