Two-wheeler market leader Hero MotoCorp has earmarked Rs 1,500 crore capex for FY27 to double its scooter production capacity, according to its CEO Harshavardhan Chitale. The company has also committed over Rs 700 crore of investment in building a global parts centre in South of India, he told analysts. "We are investing in capacity expansion, and we have committed over Rs 1,500 crore of capex in FY27. And this capex is going to expand our capacity in scooters, where for some of our models that are doing very well, we are doubling our capacity," Chitale said. With the company doing "60,000-odd scooter volume run rate" monthly at present, when asked if doubling it could mean closer to 1 lakh, he said,"That's our ambition." Elaborating on the scooter capacity expansion, Chitale said in the ICE (internal combustion engine) scooters, Hero MotoCorp has increased 'Destini' model capacity by 50 per cent already. "We are in the process of doubling our Xoom capacity," he added. On EV, he
Amol Athawale, technical analyst at Kotak Securities believes that M&M Finance is still showing some positive structure; while cautions of a weaker set-up in case of Larsen & Toubro and Hero MotoCorp.
Bajaj Auto, Hero MotoCorp and Ather Energy flag rising commodity prices, freight costs and supply-chain disruptions as geopolitical tensions weigh on demand and margins
Analysts remain positive on Hero MotoCorp's demand outlook and launches, but warn that commodity inflation and price hikes could pressure margins
Despite prevailing global uncertainties, Indian automakers continued to post robust dispatch volumes in April 2026
About 21.71 mn two-wheelers were sold in India in FY26, recording a 10.7% year-on-year growth, primarily driven by the GST rate cuts implemented in September 2025
The sentiment was further buoyed by the company's announcement of dividend rewards for shareholders
Death Cross alert: Technical analyst at Choice Broking expects Nifty Auto and Bank Nifty to underperform in the near-term as shorter-term moving average has slipped below the long-term 200-DMA.
Stocks to Watch today, Wednesday, May 6, 2026: Vedanta, Zen Tech, Grasim Industries, PNB, and Emcure Pharma are among the top stocks to watch today
Hero MotoCorp reports 26.1% rise in Q4FY26 net profit, driven by strong demand, GST rate rationalisation, and growth across domestic and global markets
Q4FY26 company results: Firms including Ajanta Pharma, Emcure Pharmaceuticals, SRF, United Breweries, Shoppers Stop and Raymond are also to release their January-March earnings today
Stocks to Watch today, May 5, 2026: Marico, SRF, United Breweries, Poonawalla Fincorp, Ather Energy, and Punjab National Bank are among the top stocks to watch during today's trading session
Maruti Suzuki jumped around 5 per cent, followed by Bajaj Auto up by 4 per cent, and Hero Moto Corp up by 2.05 per cent
Brokerages tracked by Business Standard expect Hero MotoCorp to report healthy revenue growth in Q4FY26, driven by robust volume gains and favourable pricing
Two-wheeler maker Hero MotoCorp on Thursday announced partnership with Quilmotors as its exclusive distributor for accelerating growth in Ecuador. Quilmotors will be responsible for assembly operations, network development, sales, after-sales service and spare parts distribution in the South American nation, Hero MotoCorp said in a statement. "Ecuador presents a strong opportunity for us, driven by evolving customer aspirations and increasing demand for reliable, high-quality mobility solutions," Hero MotoCorp Executive Vice President - Global Business, Global Product Planning and Global Market Insights, Sanjay Bhan said. He further said,"Our partnership with Quilmotors combines their deep local market expertise with our global capabilities, making them an ideal partner." The product range comprising eight models, including motorcycles (Eco Deluxe and Eco 150), Naked Sports Range (Hunk 125R and Hunk 160R 4V), Dual purpose motorcycles (Xpulse 200 4V and Xpulse 200 4V Pro) and Urban
The Nifty Auto index has declined nearly 3% in the last two trading sessions amid a fresh spike in Brent oil prices owing to the US-Iran standoff.
Hero MotoCorp gains ground in e2W market, Ola Electric loses share as EV growth remains uneven across states in FY26
Brokerage analysis suggests that auto pack delivered a strong performance in March 2026; however, they flagged demand risks going ahead
Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.
Euler Motors has raised Rs 437.5 crore in a Series E round led by Lightrock, along with Rs 250 crore in debt, to expand capacity and scale operations