Earnings Alerts

Ashok Leyland (AL) Earnings: December Vehicle Sales Rise 3.9% to 16,957 Units

  • Ashok Leyland‘s vehicle sales for December 2024 totaled 16,957 units.
  • This represents a 3.9% increase compared to December 2023, when sales were 16,324 units.
  • Local vehicle sales reached 15,713 units, marking a 2.5% rise from the previous year.
  • Total sales growth for the company stood at 5% year-over-year.
  • Analysts’ recommendations are distributed as follows: 34 buy ratings, 4 hold ratings, and 8 sell ratings.

A look at Ashok Leyland Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.4

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 for Ashok Leyland, the company seems to have a positive long-term outlook. With strong scores in both Dividend and Growth factors, it indicates that Ashok Leyland is performing well in terms of rewarding its investors and showing potential for future expansion and profitability. Furthermore, the decent Momentum score suggests that there is steady market interest in the company’s offerings. However, the lower scores in Value and Resilience factors might indicate areas where Ashok Leyland could potentially improve to enhance its overall performance and sustainability in the long run.

Ashok Leyland Limited, a manufacturer of commercial vehicles and various automotive components, is positioned with a mix of favorable and slightly weaker Smart Scores. While the company excels in Dividend payments and Growth opportunities, suggesting stability and potential for development, it lags in Value and Resilience scores. Despite this, Ashok Leyland‘s diverse product line and global presence provide a solid foundation for continued growth and success in the competitive automotive industry.


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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