Earnings Alerts

Eicher Motors (EIM) Earnings: September Motorcycle Sales Surge 11% Year-Over-Year

  • In September 2024, Eicher sold 86,978 motorcycles.
  • This is an increase of 11% compared to September 2023.
  • Eicher also sold 7,609 commercial vehicles in September 2024.
  • This represents a 5.7% increase compared to the previous year.
  • Exports stood at 7,652 units for September 2024.
  • The export figures show a significant 77% increase year over year.
  • Analysts’ recommendations for Eicher stocks include 17 buys, 12 holds, and 13 sells.

A look at Eicher Motors Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE3.6

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

Based on the Smartkarma Smart Scores, Eicher Motors shows a promising long-term outlook. With strong ratings in Dividend, Growth, Resilience, and Momentum, the company appears to be on a positive trajectory. Eicher Motors is known for manufacturing light commercial vehicles, two-wheelers, and automotive gears, both for domestic sales and international exports. This diverse product portfolio coupled with favorable Smart Scores suggests a bright future for Eicher Motors.


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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