Rural Market For Two Wheelers

The Hero MotoCorp stock rose as much as 3.95 per cent to ₹5,749 before trading 3.84 per cent higher at ₹5,743 around 11:30 am, outpacing the Sensex's 0.15 per cent gain.

On the bourses around 2:20 PM, Hero MotoCrop share price was trading 1.14 per cent higher at ₹5,421.65. In comparison, BSE Sensex was trading 0.25 per cent higher at 83,740.95 levels.

The Street expects TVS Motor's consistent outperformance, new launches, and EV traction to sustain earnings momentum, even as some brokerage houses flag valuation concerns.

Around 10:00 AM, Hero MotoCorp share was trading 1.46 per cent higher at ₹4,540, even as the BSE Sensex slipped 0.29 per cent to 80,306.90.

In January 2025, the company recorded sales of 397,623 units, a 17% increase compared to January 2024. The two-wheeler segment saw a strong 18% growth, with domestic 2W sales up 10%

Major players record 9-26% increase on strong domestic demand

Analysts anticipate robust double-digit revenue growth driven by ongoing volume recovery, particularly in rural areas.

Analysts expect 2Ws to reflect strong volumes in Q2FY23 amid strong pent-up demand, and improved mobility in June quarter 2022 (Q1FY23)

TVS Motor, India's third largest two-wheeler maker, is the sole manufacturer of mopeds after Hero and Kinetic exited the sector many years ago

The firm sees an opportunity with consumers preferring personal transport to public following the Covid-19 outbreak

With higher rural growth, analysts expect the entry-level or economy segments to do well as was the case in FY18 when the economy segment grew 23 per cent