- Honeywell Automation’s 4th quarter net income surpassed estimates, reaching 1.48 billion rupees, a 32% increase year-over-year.
- The predicted net income was 1.43 billion rupees.
- Revenue also saw a growth of 12% with a total of 9.51 billion rupees.
- However, this was slightly below the revenue estimate of 9.93 billion rupees.
- Total costs for the quarter were up by 9.7% at 7.95 billion rupees.
- The company announced a dividend per share of 100 rupees.
- Honeywell Automation’s shares increased by 3.1% to 49,285 rupees due to this news.
- Trading volume stood at 16,605 shares.
- The current share recommendations stand at 2 buys, 2 holds and 3 sells.
- All comparisons to past results are based on values reported by the company in its original disclosures.
A look at Honeywell Automation India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysing the Smartkarma Smart Scores for Honeywell Automation India reveals a positive long-term outlook for the company. With a high resilience score of 5, Honeywell Automation India is well-positioned to weather market fluctuations and economic challenges, showcasing its stability and strength in the industry. Additionally, a momentum score of 5 suggests that the company is experiencing strong upward trends and investor interest, indicating potential for future growth and performance.
While the value and dividend scores are moderate at 2, the growth score of 3 indicates potential for expansion and development in the coming years. Overall, based on the Smartkarma Smart Scores, Honeywell Automation India shows promise for investors looking for a company with strong resilience, positive momentum, and growth opportunities in the industrial automation and control sector.
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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