- Hero MotoCorp sold a total of 459,805 vehicles in November 2024.
- This marks a 6.4% decrease in total vehicle sales compared to November 2023, which saw 491,050 units sold.
- Motorcycle sales accounted for 425,856 units, reflecting a 3.5% decline compared to the previous year.
- Despite the decrease in overall sales, exports saw a significant increase, with 20,028 units being exported, marking a 36% rise year-over-year.
- The company has received various stock recommendations, comprising 30 buy ratings, 7 hold ratings, and 7 sell ratings from analysts.
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A look at Hero Motocorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 2 | |
| 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
Hero MotoCorp Ltd. is positioned for a solid long-term outlook, as indicated by its Smartkarma Smart Scores. With an impressive score of 5 in Dividend and Resilience, the company showcases strong financial stability and a commitment to rewarding its investors. The Value score of 3 suggests that the company is fairly priced, offering a balance between growth potential and current market value. While the Growth and Momentum scores of 3 and 2, respectively, may indicate areas for improvement, the overall high scores in key factors paint a promising picture for Hero Motocorp‘s future prospects.
As a leading player in the motorcycle industry, Hero MotoCorp Ltd. is focused on designing, manufacturing, and distributing motorcycles, along with providing a range of motorcycle parts and accessories. The company’s strategic emphasis on dividends and resilience underscores its ability to weather market uncertainties and deliver consistent returns to shareholders. With a balanced mix of strengths across various Smart Score categories, Hero Motocorp appears well-positioned to navigate challenges and capitalize on opportunities in the ever-evolving automotive market.
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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