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Goodyear India upgraded to hold on valuation improvements

pre-market1 source ↓written by the desknot a recommendation

Goodyear India Ltd has been upgraded to hold due to a shift in valuation from very expensive to expensive. The stock's P/E ratio is now 31.78, down from previous highs, while its P/B ratio stands at 3.13. This indicates a more favorable valuation relative to its asset base, despite still being priced at a premium compared to peers.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 5 May 2026, 07:10 IST.

Sourcesnews.google.com

The market after the news

GOODYEAR closed +0.1% on the day of the news, from ₹784.05 to ₹785.15; Nifty −0.4% over the same session.

Bulletin at 07:10 IST on 5 May 2026. Every change is measured from ₹784.05, the last close before it, on 4 May. Nifty 50 is measured over the same sessions.

  • GOODYEAR close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
GOODYEAR closes around the bulletin against the close before the news, with Nifty 50 rebased to it707.84784.05860.26axis spans 22%before the news · 4 May784.05Nifty 50GOODYEARbulletinD0+1+3+527 Apr8 May19 MayReference close ₹784.05. 16 sessions from 27 Apr to 19 May; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before4 May₹784.05basebase
On the day5 May₹785.15▲ +0.1%▼ −0.4%+0.5 pp difference
+1 session6 May₹780.30▼ −0.5%▲ +0.9%−1.4 pp difference
+3 sessions8 May₹784.65▲ +0.1%▲ +0.2%−0.2 pp difference
+5 sessions12 May₹762.95▼ −2.7%▼ −3.1%+0.4 pp difference
Gap at the open, % · ₹
▼ −1.4%−11.06 on 5 May
Day's range, % · ₹
1.9%≈ 15 high to low
Volume on the day
0.41×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · GOODYEAR on the desk →

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