- TVS Motor sold 333,646 vehicles in June 2024.
- This is a 5.4% increase compared to the 316,411 vehicles sold in June 2023.
- Overall sales have grown by 5% year-on-year.
- However, exports have decreased by 3.9%, with only 76,074 units sold abroad.
- Motorcycle sales reached 152,701 units, marking a 3% increase from the previous year.
- Electric scooter sales saw a significant rise of 9.7%, totaling 15,859 units sold.
- Investor sentiment is mixed with 22 buys, 9 holds, and 12 sells.
- All comparisons are based on the company’s previously reported results.
TVS Motor on Smartkarma
Analyst coverage of TVS Motor on Smartkarma by Pranav Bhavsar highlights the identification of fundamental longs in companies such as TVS Motor, Nestle India, and Honasa Consumer. The research report focuses on uncovering potential investment opportunities through factors like earnings surprises, EPS upgrades, and management narratives. TVS Motor is specifically mentioned in the report as a stock that could surprise in the EV segment, making it a compelling prospect for investors in the current market.
Pranav Bhavsar‘s analysis leans towards a bullish sentiment on TVS Motor, showcasing optimism regarding its growth potential and performance. The report offers insights into the investment landscape, with TVS Motor identified as a company with the possibility of delivering positive returns. Investors seeking opportunities in the automotive sector may find value in the in-depth research provided on TVS Motor and other companies featured in the report.
A look at TVS Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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 in India, is showing a promising long-term outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company seems to be gaining traction and maintaining a positive growth trajectory. This is further supported by a solid growth score of 4, indicating potential for expansion and development in the future. Additionally, a dividend score of 3 suggests a stable distribution of profits to shareholders, while the resilience score of 2 highlights the company’s ability to weather challenges.
In summary, TVS Motor Company Limited appears to be well-positioned for growth and resilience in the long term, supported by its strong momentum and growth scores. While the value score is moderate at 2, the company’s overall outlook seems positive, pointing towards continued success in the competitive market of motorcycle, moped, and scooter manufacturing in India.
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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