Goodyear India spurts after strong Q1 numbers

The result was announced after market hours on Friday, 26 April 2013.

Meanwhile, the BSE Sensex was up 17.71 points, or 0.09%, to 19,304.43.

On BSE, 17,128 shares were traded in the counter as against an average daily volume of 3,723 shares in the past one quarter.

The stock hit a high of Rs 284 and a low of Rs 264 so far during the day. The stock had hit a 52-week high of Rs 376.95 on 1 January 2013. The stock had hit a 52-week low of Rs 237 on 17 April 2013.

The stock had underperformed the market over the past one month till 26 April 2013, falling 0.39% compared with the Sensex's 3.11% rise. The scrip had also underperformed the market in past one quarter, falling 19% as against Sensex's 4.06% fall.

The small-cap company has an equity capital of Rs 23.07 crore. Face value per share is Rs 10.

Goodyear India manufactures tyres. In the passenger car segment, the company supplies tyres to many of the leading original equipment manufacturers. Goodyear India has been a pioneer in introducing tubeless radial tyres in this segment. In the farm segment in India, Goodyear tyres are supplied to all the major tractor companies.

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