- Hero MotoCorp vehicle sales in September 2024: 637,050 units, which is a 19% increase year-over-year.
- Motorcycle sales reached 597,529 units, showing a 21% year-over-year growth.
- Exports totaled 20,344 units, marking a 22% year-over-year rise.
- Analyst ratings include 27 buys, 7 holds, and 8 sells.
A look at Hero Motocorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| 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
Based on Smartkarma Smart Scores, Hero MotoCorp Ltd. shows a positive long-term outlook. With a high Dividend score of 5, investors can expect good returns from the company’s dividend payments. Additionally, a Resilience score of 5 indicates that Hero MotoCorp is well-positioned to weather economic uncertainties and market fluctuations, adding a layer of security for investors.
While the Value score of 2 suggests that the company may not be undervalued, a Growth score of 3 signifies some potential for expansion. The Momentum score of 3 reflects a moderate level of market momentum. Overall, Hero MotoCorp, known for designing, manufacturing, and distributing motorcycles along with parts and accessories, presents a promising investment opportunity for those seeking stability, dividends, and potential growth.
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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