Goodyear India's Stock Hits 52-Week Low, Declines for 2nd Day in a Row

Goodyear India, a leading player in the tyre and allied industry, has recently hit a 52-week low on October 22, 2024. The stock has been on a downward trend for the past two days, with a decline of -1.2% in returns during this period. Today, the stock touched an intraday low of Rs. 1075, which is -2.61% lower than the previous day's closing price.

According to MarketsMOJO, a leading stock market analysis platform, the current stock call for Goodyear India is 'Sell'. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Despite the recent decline in stock price, Goodyear India has a high dividend yield of 3.71% at the current price. However, the company's 1-year performance has been -17.34%, which is significantly lower than the Sensex's performance of 24.05% during the same period.

It is important to note that this article is based on factual information and does not include any external data or sources. It is intended to provide a neutral and informative overview of Goodyear India's recent stock performance. As always, investors are advised to conduct their own research and consult with a financial advisor before making any investment decisions.