- TVS Motor sold 482,495 vehicles in September 2024, a 20% increase compared to 402,553 units sold in the same month last year.
- This 20% increase in sales outperformed the company’s previous annual growth rate of 6%.
- TVS Motor exported 111,007 units in September 2024.
- Motorcycle sales reached 229,268 units, marking a 23% year-over-year growth.
- E-Scooter sales saw a significant boost, with 28,901 units sold, representing a 42% increase year-over-year.
- Analyst ratings include 21 buys, 9 holds, and 12 sells.
A look at TVS Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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 manufacturer of motorcycles, mopeds, and scooters, is poised for a promising long-term outlook according to the Smartkarma Smart Scores. With an impressive Growth score of 4 and a strong Momentum score of 4, the company appears to be on a trajectory towards expansion and increased market performance. Additionally, the moderate Dividend score of 3 indicates a stable financial standing, which could attract investors looking for potential returns in the form of dividends. However, the company’s Value and Resilience scores of 2 each suggest some room for improvement in terms of valuation and ability to withstand market fluctuations.
Despite facing some challenges in terms of value and resilience, TVS Motor Company’s strong emphasis on growth and momentum positions it favorably for future success. As a key player in the Indian market, the company’s diversified product offerings encompassing engines and transmission parts further enhance its growth potential. Investors may find TVS Motor Company an attractive prospect for long-term investment, given its positive growth outlook and momentum in the industry.
### Summary: TVS Motor Company Limited manufactures motorcycles, mopeds, and scooters. The Company provides spark ignition operated outboard motors, combustion spark ignition engines, critical engines, and transmission parts. TVS Motor Company serves customers 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
