- Eicher’s motorcycle sales in August 2024 were 73,629 units.
- This represents a 5.1% decrease compared to August 2023.
- Commercial vehicle sales reached 6,543 units.
- Commercial vehicle sales increased by 1% year over year.
- The company exported 8,006 units in August 2024.
- Exports decreased by 2.2% compared to the previous year.
- Analyst ratings: 17 buys, 12 holds, and 13 sells.
- All comparisons are based on the company’s original year-over-year disclosures.
A look at Eicher Motors Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts at Smartkarma have provided an insightful overview of Eicher Motors‘ long-term outlook based on their Smart Scores. With a solid score in areas such as Dividend, Growth, Resilience, and Momentum, Eicher Motors appears to be in a favorable position moving forward. These scores indicate that the company is excelling in dividend payments, showing robust growth potential, demonstrating resilience in challenging times, and maintaining a positive momentum in the market.
Eicher Motors Ltd., a company known for manufacturing light commercial vehicles, two-wheelers, and automotive gears, seems to have a bright future ahead as per the Smart Scores analysis. The company’s strong performance in critical areas bodes well for its long-term sustainability and growth prospects in the 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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