Published on 04/11/2025 12:23 PM
Hero MotoCorp shares decline 5% after lower-than-expected October salesHero MotoCorp is also in focus as it will be reporting its results for the September quarter next week, on November 13.By Shloka Badkar November 4, 2025, 12:23:06 PM IST (Updated)2 Min ReadShares of Hero MotoCorp Ltd. declined 5% on Tuesday, November 4, after the company reported weak auto sales for October on Monday.
Its total sales declined 6.5% in October to 6.36 lakh units from 6.79 lakh units last year. It was also below a CNBC-TV18 poll of 6.89 lakh units.
The two-wheeler marker's domestic sales declined 8% in October to 6.04 lakh units from 6.57 lakh units in the same period last year.
However, Hero MotoCorp's total exports increased 42% to 30,979 units compared to 21,688 units in the year-ago period.
The company is set to report its September quarter earnings next week on November 13, 2025.
Last month, Hero MotoCorp said it is entering the Spanish market via a distribution partnership with Noria Motos, a subsidiary of the ONEX Group.
This marks the two-wheeler maker's entry into its 50th international market, strengthening its growing presence across Europe after its recent debut in Italy.
As per the partnership, Noria Motos will distribute Hero's Euro 5+ compliant motorcycles, initially through around 30 official sales and service outlets across Spain, expanding to over 50 by 2026 and a fully-deployed network by 2028.
Shares of Hero MotoCorp were trading 4.9% lower at ₹5,266 apiece around 11.10 am. The stock has gained 40% in the last six months.
Also Read: Suzlon Energy Q2 Results: Tax write-back aids net profit, margins expandContinue ReadingFirst Published: Nov 4, 2025 11:42 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsHero MotoCorpHero MotoCorp earningsHero MotoCorp share priceshare market today