Earnings Alerts

TVS Motor (TVSL) Earnings: May Vehicle Sales Surge 12% Y/Y to 369,914 Units Despite Share Dip

  • TVS Motor’s vehicle sales in May 2024 were 369,914 units, a 12% increase from last year’s 330,609 units.
  • Motorcycle sales specifically rose to 173,627 units, marking a 7% rise year-over-year.
  • Despite the positive sales growth, TVS Motor’s shares fell by 2.3% to 2,179 rupees.
  • Trading volume for TVS Motor’s shares reached 2.81 million shares.
  • The company currently has 22 buy ratings, 9 hold ratings, and 10 sell ratings from analysts.

TVS Motor on Smartkarma

Analyst coverage on TVS Motor by Pranav Bhavsar on Smartkarma highlights a fundamental long perspective, focusing on earnings surprises, EPS upgrades, and management narratives. In the report titled “Fundamental Longs – TVS Motors | Nestle India | Honasa,” stocks such as TVS Motor (TVSL IN) are discussed for their potential. The analyst suggests that TVS Motor’s electric vehicles segment could bring surprises amidst the evolving market trends, indicating a positive outlook.

Pranav Bhavsar‘s analysis points out that Nestle India (NEST IN) offers stability in the current economic climate, while Honasa Consumer (HONASA IN) shows promising signs of a turnaround. By screening the coverage universe for key indicators, the report provides insights into potential long-term investments within the automotive and consumer goods sectors.


A look at TVS Motor Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.2

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 manufacturer of motorcycles, mopeds, and scooters, has been assigned a series of Smart Scores indicating its long-term outlook. With a strong Growth score of 4 and Momentum score of 5, the company is showing positive signs of expansion and market traction. These scores suggest that TVS Motor is positioned well for future development and has the potential to capitalize on growth opportunities in the industry.

Although TVS Motor has achieved favorable scores in Growth and Momentum, its Value and Resilience scores are average at 2, indicating room for improvement in terms of market valuation and ability to withstand economic uncertainties. With a Dividend score of 3, the company offers moderate returns to its shareholders. Overall, TVS Motor’s outlook appears promising for long-term investors seeking growth potential in the Indian 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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