Earnings Alerts

Eicher Motors (EIM) Earnings: December Motorcycle Sales Surge 25% Year-over-Year

  • Eicher’s motorcycle sales for December reached 79,466 units.
  • Sales increased by 25% compared to the same period last year when 63,387 units were sold.
  • Exports of motorcycles rose significantly by 90% year-over-year, totaling 11,575 units.
  • Investment analysts have rated Eicher stocks with 21 buy recommendations.
  • There are 12 hold and 9 sell recommendations for Eicher stocks.
  • The sales figures are based on the company’s original reports.

A look at Eicher Motors Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.6

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 seems to have a positive long-term outlook. With high scores in Dividend, Growth, Resilience, and Momentum, the company appears to be in a strong position across various factors. While the Value score is slightly lower, the overall picture indicates promising prospects for Eicher Motors.

Eicher Motors Ltd. manufactures light commercial vehicles for both domestic and international markets, along with producing two-wheelers and automotive gears. Given the solid scores in Dividend, Growth, Resilience, and Momentum, Eicher Motors looks to be well-positioned for long-term success in the industry, despite a moderate Value score.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars