Hero MotoCorp and WeWork have signed separate long-term office leases at Bharti Real Estate's Worldmark complex in Aerocity, with a combined rental outlay of about Rs 922 crore
Hero MotoCorp plans to introduce flex-fuel variants across its motorcycle portfolio within two years, subject to fuel availability and pricing
Inventory replenishment, resilient demand for premium models and stronger exports helped India's leading two-wheeler manufacturers record healthy growth in May
Hero MotoCorp on Tuesday reported 12 per cent rise in dispatches at 5,70,068 units in May 2026. In the year-ago period, the sales stood at 5,07,701 units. The world's largest manufacturer of motorcycles and scooters stated that the domestic retail momentum also remained robust during the month, with over 4.96 lakh registrations, except for Telangana, based on data from VAHAN portal. "The company's overall domestic motorcycle and scooter business sustained strong momentum in May 2026, registering robust nearly 10 per cent dispatch growth compared to the corresponding period last year," Hero MotoCorp stated. The company's global business recorded 78 per cent growth with dispatches of 33,284 units. According to Hero MotoCorp, strong demand across its international markets, supported by an expanding premium product portfolio and focused market expansions, continued to drive solid growth momentum.
Two-wheeler maker Hero MotoCorp is confident of strengthening its leadership with a double-digit growth in FY27, during which it expects to launch over 12 new products, according to its CEO Harshavardhan Chitale. The company sees its scooters, which have witnessed strong demand for both internal combustion and electric versions, as one of the 'growth vectors' and expects over 50 per cent of its overall scooter sales to be electric by 2030, Chitale told PTI in an interview. With low emission powertrains emerging as a trend across the industry, he said, Hero MotoCorp is also working on a variety of options "to stay ahead of the curve" as a market leader. "So far we are leading, and we hope we continue to do so going forward," he said when asked if Hero MotoCorp is ready to defend its leadership position as competition intensifies in the Indian two-wheeler market. While declining to comment on competitors, Chitale said,"We will stay focused on doing what's right for the customer. We s
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