- Eicher’s net income for the first quarter reached 11 billion rupees, a 20% increase year-over-year (y/y).
- The net income surpassed the estimated 10.16 billion rupees.
- Revenue for the first quarter was 43.9 billion rupees, up by 10% y/y.
- The revenue also exceeded the expected 43.07 billion rupees.
- Other income amounted to 2.82 billion rupees, showing a 16% y/y growth.
- Total costs for the quarter stood at 34.1 billion rupees, an increase of 9.3% y/y.
- Analyst recommendations: 17 buys, 11 holds, and 14 sells.
A look at Eicher Motors Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 4 | |
Growth | 4 | |
Resilience | 4 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Eicher Motors has a positive long-term outlook. With solid ratings in Dividend, Growth, Resilience, and Momentum, the company appears to be in a strong position for future growth and stability. Eicher Motors‘ high scores in these key areas indicate a company that is well-rounded and performing well across various factors that are crucial for long-term success in the market.
Eicher Motors Ltd., known for manufacturing light commercial vehicles, two-wheelers, and automotive gears, is positioned for a promising future based on its Smartkarma Smart Scores. Investors may find Eicher Motors attractive due to its strong performance in important areas like Dividend, Growth, Resilience, and Momentum. These scores suggest that Eicher Motors is a company with good prospects for sustained growth and resilience in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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