{"id":16703,"date":"2025-11-04T11:18:50","date_gmt":"2025-11-04T05:48:50","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=16703"},"modified":"2025-11-04T11:18:50","modified_gmt":"2025-11-04T05:48:50","slug":"hero-motocorp-october-sales-drop-fy26-growth","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/hero-motocorp-october-sales-drop-fy26-growth\/","title":{"rendered":"Hero MotoCorp Shares Drop on Weaker October Sales"},"content":{"rendered":"<p data-start=\"436\" data-end=\"684\">Hero MotoCorp shares fell 4% to \u20b95,322 apiece on November 4, becoming the top loser on the Nifty Auto index, which declined 0.5%. The fall followed the company&#8217;s report of a 6.4% year-over-year (YoY) decline\u00a0in total sales for October 2025.<\/p>\n<p data-start=\"686\" data-end=\"845\">According to the company\u2019s filing, total dispatches to dealers declined to 6,35,808 units in October from 6,79,091 units in the same month last year.<\/p>\n<h2 data-start=\"852\" data-end=\"893\">Domestic Sales Fall, Exports Rise<\/h2>\n<p data-start=\"895\" data-end=\"1024\">Hero MotoCorp\u2019s domestic sales fell 8% YoY to 6,04,829 units compared with 6,57,403 units in October last year.<\/p>\n<p data-start=\"1026\" data-end=\"1275\">However, exports surged 43% YoY to 30,979 units, up from 21,688 units a year earlier. Despite the fall in dispatches, the company highlighted that retail sales were strong at 9.95 lakh units in October, supported by festive demand.<\/p>\n<p data-start=\"1277\" data-end=\"1457\">Hero MotoCorp said it remains confident about growth in the second half of FY26, citing a strong product lineup, robust domestic demand, and expanding international presence.<\/p>\n<p data-start=\"1277\" data-end=\"1457\"><em><strong>Also Read<\/strong>: <a href=\"https:\/\/www.niftytrader.in\/content\/bharti-airtel-q2-fy26-results-brokerages-bullish\/\">Bharti Airtel Shares Rise After Strong Q2 FY26 Results<\/a><\/em><\/p>\n<h2 data-start=\"1464\" data-end=\"1522\">Brokerage Commentary: Morgan Stanley and UBS Views<\/h2>\n<p data-start=\"1524\" data-end=\"1695\">Morgan Stanley said its volume estimates for Hero MotoCorp imply 16% YoY growth for the rest of FY26, suggesting recovery momentum ahead despite the October dip.<\/p>\n<p data-start=\"1697\" data-end=\"1908\">Meanwhile, UBS noted that tax cuts and the festive season boosted overall auto demand in October. Passenger vehicle sales rose 11% YoY, while two-wheeler sales surged 52% YoY during the period.<\/p>\n<p data-start=\"1910\" data-end=\"2147\">UBS also pointed out that premiumisation trends in the two-wheeler segment accelerated after GST cuts, with brands like Eicher Motors (Royal Enfield) and Honda gaining market share from Hero MotoCorp and Bajaj Auto.<\/p>\n<h3 data-start=\"2154\" data-end=\"2177\">Sector Snapshot<\/h3>\n<ul data-start=\"2179\" data-end=\"2557\">\n<li data-start=\"2179\" data-end=\"2243\">\n<p data-start=\"2181\" data-end=\"2243\">Hero MotoCorp October sales: 6.36 lakh units (\u20136.4% YoY)<\/p>\n<\/li>\n<li data-start=\"2244\" data-end=\"2293\">\n<p data-start=\"2246\" data-end=\"2293\">Domestic sales: 6.05 lakh units (\u20138% YoY)<\/p>\n<\/li>\n<li data-start=\"2294\" data-end=\"2334\">\n<p data-start=\"2296\" data-end=\"2334\">Exports: 30,979 units (+43% YoY)<\/p>\n<\/li>\n<li data-start=\"2335\" data-end=\"2372\">\n<p data-start=\"2337\" data-end=\"2372\">Retail sales: 9.95 lakh units<\/p>\n<\/li>\n<li data-start=\"2373\" data-end=\"2443\">\n<p data-start=\"2375\" data-end=\"2443\">Hero MotoCorp stock: Down 4% on November 4; up 33% in 2025 YTD<\/p>\n<\/li>\n<li data-start=\"2444\" data-end=\"2501\">\n<p data-start=\"2446\" data-end=\"2501\">Rival Bajaj Auto: +4% YoY growth in October sales<\/p>\n<\/li>\n<li data-start=\"2502\" data-end=\"2557\">\n<p data-start=\"2504\" data-end=\"2557\">Nifty Auto Index: +11% since GST cuts in August<\/p>\n<\/li>\n<\/ul>\n<p><em><strong>Click here to explore<\/strong>: <a href=\"https:\/\/www.niftytrader.in\/stocks-price\/heromotoco\">Hero Motor Crop<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hero MotoCorp shares fell 4% to \u20b95,322 apiece on November 4, becoming the top loser on the Nifty Auto index, which declined 0.5%. The fall followed the company&#8217;s report of a 6.4% year-over-year (YoY) decline\u00a0in total sales for October 2025. According to the company\u2019s filing, total dispatches to dealers declined to 6,35,808 units in October [&hellip;]<\/p>\n","protected":false},"author":6,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1383],"class_list":{"0":"post-16703","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1383,"user_id":6,"is_guest":0,"slug":"pradeep","display_name":"Pradeep Sangatramani","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/09\/Pradeep-Sangatramni.jpeg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=16703"}],"version-history":[{"count":1,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16703\/revisions"}],"predecessor-version":[{"id":16705,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/16703\/revisions\/16705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/16704"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=16703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=16703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=16703"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=16703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}