- Eicher’s motorcycle sales in November soared to 100,670 units, marking a 22% increase compared to the previous year.
- Commercial vehicle sales also saw a significant boost, reaching 7,652 units, which is a 37% increase year-over-year.
- The company managed to export 10,265 units in November, experiencing a modest growth of 2.4% compared to last year.
- Shares of Eicher rose by 2.3%, reaching 7,218 rupees, with a trading volume of 478,174 shares.
- Market analysts’ ratings for Eicher are diversified, with 21 advisories to buy, 14 to hold, and 6 to sell.
- Current sales figures and growth rates are based on comparisons to previous results reported by the company’s original disclosures.
A look at Eicher Motors Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Looking at the Smartkarma Smart Scores for Eicher Motors, the company is showing a strong outlook for the long term. With high scores in Dividend, Growth, Resilience, and Momentum, Eicher Motors appears to be well-positioned to continue its success in the market. A score of 4 in Dividend indicates that the company is likely providing solid returns to its shareholders in the form of dividends, while scores of 4 in Growth, Resilience, and Momentum suggest that Eicher Motors is showing robust performance in terms of growth potential, stability during challenging times, and positive market momentum.
Eicher Motors Ltd., a company known for manufacturing light commercial vehicles, two-wheelers, and automotive gears, seems to have a promising future ahead based on its favorable Smartkarma Smart Scores. The company’s ability to generate dividends, grow steadily, remain resilient in the face of uncertainties, and maintain positive momentum in the market bodes well for its long-term prospects. Investors may find Eicher Motors an attractive investment option given its overall strong performance across key factors.
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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