Earnings Alerts

Hero Motocorp (HMCL) Earnings Boosted by August Vehicle Sales Surge to 512,360 Units

By September 2, 2024 No Comments
  • Hero MotoCorp’s vehicle sales for August 2024 reached 512,360 units.
  • This marks a 4.8% increase compared to August 2023, when sales stood at 488,717 units.
  • Motorcycle sales in August 2024 rose by 5.8%, reaching a total of 478,215 units.
  • Exports saw a significant rise, with 20,097 units exported in August 2024, representing a 27% year-on-year growth.
  • Analyst ratings for Hero MotoCorp include 27 buys, 6 holds, and 8 sells.
  • All comparisons are based on the company’s original disclosed values from the previous year.

A look at Hero Motocorp Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth3
Resilience5
Momentum3
OVERALL SMART SCORE3.8

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

Hero MotoCorp Ltd. stands as a robust player in the motorcycle industry with a promising long-term outlook, as indicated by the Smartkarma Smart Scores. The company excels in areas crucial for investors, scoring high in Dividend and Resilience, showcasing its dedication to rewarding shareholders and ability to withstand market challenges. Additionally, the strong focus on providing dividends reflects positively on the company’s financial stability and investor-friendly approach.

While Hero Motocorp‘s scores in Value, Growth, and Momentum are moderate, the high scores in Dividend and Resilience underline the company’s solid position in the market. With a diversified product range that includes motorcycles, motorcycle parts, and accessories, Hero Motocorp is well-positioned to capitalize on the growing demand for two-wheelers. Investors may find comfort in the company’s strong dividend policy and resilience, making Hero Motocorp a compelling choice for those seeking long-term stability and growth in their investment portfolio.


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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