Earnings Alerts

TVS Motor (TVSL) Earnings: July Vehicle Sales Surge by 8.6%, Shares Rise on Strong Performance

  • TVS Motor’s vehicle sales in July reached 354,140 units, an 8.6% increase compared to last year.
  • Overall sales growth was recorded at 9%, compared with 4% growth from the previous year.
  • E-scooter sales saw a significant rise, with 21,442 units sold, marking a 61% increase year-over-year.
  • TVS Motor’s shares increased by 2.5%, closing at 2,594 rupees with 2.36 million shares traded.
  • Current market analyst recommendations include 21 buys, 9 holds, and 12 sells.

TVS Motor on Smartkarma



Analyst Pranav Bhavsar recently published a report on Smartkarma titled “Fundamental Longs – TVS Motors | Nestle India | Honasa.” In this report, Bhavsar discusses identifying fundamental longs through earnings surprises, EPS upgrades, and management narratives. The stocks covered in the report include TVS Motor (TVSL IN), Nestle India (NEST IN), and Honasa Consumer (HONASA IN). Bhavsar hints at the potential for TVS Motor’s EVs to surprise, Nestle offering safety in the current market environment, and the possibility of a turnaround for Honasa.



A look at TVS Motor Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

TVS Motor Company Limited, a leading manufacturer of motorcycles, mopeds, and scooters, has been assigned impressive Smart Scores across various key factors. With a strong focus on growth and momentum, the company is positioned well for long-term success. Its forward-thinking approach to innovation and market dynamics has earned it high scores in both these areas, indicating a positive trajectory in the coming years.

While TVS Motor Company may have room for improvement in terms of value and resilience, its solid dividend and growth scores showcase a commitment to rewarding investors and expanding its market presence. By leveraging its strengths in growth and momentum, TVS Motor Company is poised to capture new opportunities and navigate challenges effectively in the competitive automotive industry.


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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