Intraday Trading Highlights
On the trading day, Goodyear India Ltd opened with a significant gap up of 13.49%, signalling strong buying interest from the outset. The stock maintained upward momentum throughout the session, ultimately touching a peak price of Rs 920, representing a 16.01% rise intraday. By the close, the stock recorded a day change of 10.59%, substantially outperforming the Tyres & Rubber Products sector, which it exceeded by 10.54% in relative terms.
This performance was particularly notable given the broader market context, where the Sensex opened flat and traded lower by 0.18%, down 64.61 points to 83,167.43. The benchmark index remains 3.6% below its 52-week high of 86,159.02, and was trading below its 50-day moving average, indicating a cautious market sentiment overall.
Price and Moving Average Analysis
Goodyear India Ltd’s current price level is above its short-term moving averages, including the 5-day, 20-day, and 50-day averages, which typically suggests positive near-term momentum. However, the stock remains below its longer-term 100-day and 200-day moving averages, indicating that while recent trading has been strong, the broader trend still faces resistance at higher levels.
The stock’s high dividend yield of 3.01% at the current price adds an additional dimension to its valuation, offering income alongside capital appreciation during the recent rally.
Recent Performance Trends
Goodyear India Ltd has recorded consecutive gains over the last two trading days, delivering a combined return of 12.14% during this period. This recent uptick contrasts with its longer-term performance, where the stock has experienced declines over the past three months (-13.09%), one year (-8.54%), three years (-19.33%), and five years (-12.09%). Over a decade, however, the stock has appreciated by 71.55%, though this lags the Sensex’s 237.75% gain over the same period.
Comparatively, the Sensex has shown mixed performance recently, with a 1.06% gain over the past week but a 2.26% decline over the last month. Year-to-date, Goodyear India Ltd has marginally outperformed the Sensex, posting a 0.51% gain versus the benchmark’s 2.44% loss.
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Mojo Score and Ratings Update
According to MarketsMOJO’s latest assessment dated 16 December 2025, Goodyear India Ltd holds a Mojo Score of 43.0, categorised under a 'Sell' grade. This represents an upgrade from its previous 'Strong Sell' rating, reflecting some improvement in the company’s underlying metrics or market perception. The stock’s market capitalisation grade stands at 3, indicating a mid-tier valuation within its sector.
Despite the recent intraday surge, the Mojo Grade suggests caution, as the stock’s fundamentals and quality scores have yet to reach levels that would warrant a more favourable rating. The upgrade from 'Strong Sell' to 'Sell' indicates a partial recovery in sentiment but not a full reversal of concerns.
Sector and Market Context
Goodyear India Ltd operates within the Tyres & Rubber Products industry, a sector that has experienced varied performance in recent months. The stock’s outperformance today by 10.54% relative to its sector peers highlights its distinct trading behaviour amid a generally cautious market backdrop.
The Sensex’s current technical positioning, trading below its 50-day moving average while the 50DMA remains above the 200DMA, suggests a market in a consolidation phase with potential for directional shifts. In this environment, Goodyear India Ltd’s strong intraday gains stand out as a notable event.
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Summary of Trading Action
The stock’s strong intraday performance on 6 February 2026 was characterised by a significant opening gap and sustained buying interest throughout the session. The 10.59% day change and intraday high of Rs 920 underscore a notable shift in trading dynamics, contrasting with the broader market’s subdued tone.
While the stock remains below its longer-term moving averages, the recent gains and upgrade in Mojo Grade suggest a partial improvement in market sentiment. The high dividend yield of 3.01% further adds to the stock’s appeal from an income perspective during this rally.
Overall, Goodyear India Ltd’s intraday surge stands as a key highlight in the Tyres & Rubber Products sector on a day when the Sensex traded lower, reflecting selective strength amid broader market caution.
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