Goodyear India (Small Cap - High Growth) Share Target 2024, 2025 To 2039
|
Goodyear India Limited |
|||
|
Price: ₹1,273.70 | ||
| 52 Week Low: ₹1,018.30 52 Week High: ₹1,451.00 |
|||
| Market Capital: 3,037.45 Crore (Smallcap) | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Goodyear India Share Price Target For 2024
- 1.1.1: Goodyear India Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Goodyear India Share Price Target For 2025
- 1.2.1: Goodyear India Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Goodyear India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Goodyear India Brief Company Overview
- 4: Goodyear India Financial Performance
- 4.0.1: Is Goodyear India A Good Buy For Long Term?
To predict the Goodyear India's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Goodyear India Share Price Target For 2024
The line chart displays the monthly closing prices of Goodyear India with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Goodyear India shares in 2024, see the table below.
Goodyear India Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1301.0 (+2.14%) | Price Action: 10 Oct 2023 Low |
| 2024 Target 2 | 1287.6 (+1.09%) | Price Action: 29 Sep 2023 Low |
| 2024 Target 1 | 1273.7 (0.00%) | Fibonacci Extension Level 82.00% |
| Current Price | 1273.70 | Goodyear India's share price as of 06 Dec 2023 |
| Stop Loss 1 | 1273.7 (0.00%) | Fibonacci Retracement Level 82.60% |
| Stop Loss 2 | 1259.45 (-1.12%) | Price Action: 17 Jul 2023 Low |
| Stop Loss 3 | 1246.59 (-2.13%) | Price Action: 24 May 2023 High |
Short-Term Technical Outlook
Current Technical Position: Goodyear India is showing mixed momentum signals near key moving averages.
Key Technical Level: The 25-day moving average at ₹1273.7 serves as the nearest technical reference point.
Historical Returns: 3-month: NA | 6-month: NA | 1-year: NA
Goodyear India Share Price Target For 2025
The line chart displays the monthly closing prices of Goodyear India with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Goodyear India shares in 2025, see the table below.
Goodyear India Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1597.71 (+25.43%) | Price Action: Chart |
| 2025 Target 2 | 1567.92 (+23.09%) | Price Action: Chart |
| 2025 Target 1 | 1552.4 (+21.88%) | Fibonacci Extension Level 64.90% |
| Current Price | 1273.70 | Goodyear India's share price as of 06 Dec 2023 |
| Stop Loss 1 | 1204.97 (-5.4%) | Price Action: 11 May 2023 High |
| Stop Loss 2 | 1192.6 (-6.37%) | Price Action: 06 Jun 2023 High |
| Stop Loss 3 | 1179.84 (-7.37%) | Price Action: 18 May 2023 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Goodyear India is currently trading at 59.0% of its 52-week range (₹1018.3 - ₹1451).
Long-Term Trend Analysis: The stock shows mixed long-term signals, trading near key moving averages.
Long-Term Performance: 1-year: NA | 3-year: +54.74% | 5-year: +48.95%
Stay ahead of the market! Get instant alerts on crucial market breakouts. Don't miss out on key opportunities!
Your phone number will be HIDDEN to other users.
Approach 2: Machine Learning By Studying Historical Prices
Goodyear India Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹1,273.70 | ||
| 2025 | ₹1,624.19 | +27.51% | ₹1,668.95 |
| 2026 | ₹1,934.32 | +19.09% | ₹2,016.84 |
| 2027 | ₹2,202.23 | +13.85% | ₹2,235.26 |
| 2028 | ₹2,546.47 | +15.63% | ₹2,584.67 |
| 2029 | ₹2,657.78 | +4.37% | ₹2,712.64 |
| 2030 | ₹2,907.14 | +9.38% | ₹3,060.54 |
| 2031 | ₹3,253.80 | +11.92% | ₹3,408.43 |
| 2032 | ₹3,524.12 | +8.3% | ₹3,608.97 |
| 2033 | ₹3,911.15 | +10.98% | ₹3,969.82 |
| 2034 | ₹3,944.23 | +0.84% | ₹4,104.23 |
| 2035 | ₹4,190.10 | +6.23% | ₹4,452.13 |
| 2036 | ₹4,573.28 | +9.14% | ₹4,800.02 |
| 2037 | ₹4,846.01 | +5.96% | ₹4,997.40 |
| 2038 | ₹5,275.83 | +8.86% | ₹5,354.97 |
| 2039 | ₹5,301.57 | +0.48% | ₹5,495.82 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Goodyear India Brief Company Overview
Company Overview: Goodyear India Limited Established in 1898, Goodyear India Limited is a prominent tire manufacturer and trader with a global presence. The company's key products include: Automotive Tyres: Farm and commercial truck tyres, passenger car tyres ...
Goodyear India supplies tyres to original equipment manufacturers, showcasing its strong industry reputation and commitment to innovation.Goodyear India Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,037.45 Crore | Market valuation of Goodyear India's shares. |
| Revenue (TTM) | 2,516 Crore | Total revenue generated by Goodyear India over the past twelve months. |
| Net Income (TTM) | +58.42 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +2.52% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +2.31% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
-1.1% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
-58.5% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
0.92 | Company's total debt divided by total shareholder equity. |
| Total Debt | 5.44 Crore | Sum of Goodyear India's current & long-term financial obligations. |
| Total Cash | 198.16 Crore | Total amount of liquid funds available to Goodyear India. |
| Beta | 0.68 | Beta is less than 1 indicating that the Goodyear India's price is less volatile than the market. |
Is Goodyear India A Good Buy For Long Term?
Goodyear India, a small-cap stock with a market capitalization of ₹3,037.45 crore, presents a mixed picture for long-term investment. While its ₹198.16 crore cash balance and relatively low debt of ₹5.44 crore (Q2 2024-25) are positive, a significant drop in Q2 earnings (-58.5% YoY) and a low profit margin of 2.32% raise concerns. Positive long-term returns (48.94% over three years, 39.45% over five) are encouraging, but recent performance shows volatility (-6.89% over three months). Overall, it's an average buy for the long term, requiring close monitoring of future earnings reports.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
