Goodyear Tyres: MNC

• US based Goodyear Tire which holds 74% stake, has 53 facilities across 22 countries.
• In india, has 2 plants - @ Haryana and Maharastra.
• Has been in India for 9 decades (90 years !)
• Has credit to many firsts - introduces 1st tubeless tyres in India.
• Debt free with Cash balance of Rs.238 Cr against market cap of 724 Cr.
• In 2010, Good year promoters makde an unsuccessful attempt to delist the stock @ 245, while the discovered price through reverse book building stood @ Rs.340 per share. Current market price is Rs.330.