- Eicher’s motorcycle sales reached 82,257 units in November 2024.
- This marks a 2.5% increase in motorcycle sales compared to the previous year.
- Commercial vehicle sales rose to 5,574 units, showing a 7.3% growth year-over-year.
- Exports surged significantly, with 10,021 units exported, representing a 96% increase from last year.
- Analyst recommendations include 21 buys, 12 holds, and 9 sells for Eicher stock.
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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
Eicher Motors is positioned to have a promising long-term outlook based on the Smartkarma Smart Scores. The company received solid scores in key areas such as Dividend, Growth, Resilience, and Momentum, all rated at 4. This indicates a strong performance in these aspects, reflecting positively on the company’s overall outlook.
With a Value score of 2, Eicher Motors may have some room for improvement in terms of valuation factors. However, its robust performance in Dividend, Growth, Resilience, and Momentum signifies a company that is well-positioned for sustained success in the long run. As a manufacturer of light commercial vehicles, two-wheelers, and automotive gears with a solid performance across these key factors, Eicher Motors appears to be a company to watch for potential growth and stability in the future.
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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