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2025-03-03 12:18:54 pm | Source: Accord Fintech
Hero MotoCorp declines on reporting 17% fall in total sales in February 2025
Hero MotoCorp declines on reporting 17% fall in total sales in February 2025

Hero MotoCorp is currently trading at Rs. 3635.15, down by 51.75 points or 1.40% from its previous closing of Rs. 3686.90 on the BSE.

The scrip opened at Rs. 3662.15 and has touched a high and low of Rs. 3711.10 and Rs. 3634.00 respectively. So far 12756 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6245.00 on 24-Sep-2024 and a 52 week low of Rs. 3,631.00 on 03-Mar-2025.

Last one week high and low of the scrip stood at Rs. 3891.75 and Rs. 3631.00 respectively. The current market cap of the company is Rs. 73097.96 crore.

The promoters holding in the company stood at 34.74%, while Institutions and Non-Institutions held 55.68% and 9.58% respectively.

Hero MotoCorp has dispatched 388,068 units of motorcycles and scooters in February 2025 as compared to 468,410 units in February 2024 i.e. down by 17.15%. The company dispatched 357,296 units in the domestic market. VIDA, Hero MotoCorp’s electric vehicle brand, continued to register growth with dispatches of 6,200 units, highlighting the increasing popularity of the VIDA V2 range and VIDA’s aspirational, accessible, and affordable position.

The company’s global sales grew 33% in February 2025 compared to the same month last year, with over 30,000 units dispatched. This marks the third consecutive month that the company has surpassed 30,000 units in global sales.

It anticipates momentum increase in the coming months owing to the upcoming marriage season and new product launches. Strengthening the 125cc scooter portfolio, the company has already started the deliveries of Destini 125 across the country and will soon commence the dispatches of the Xoom 125.

The company continues to further strengthen its premium retail presence with over 64 ‘Premia’ dealerships across the country. These Premia dealerships feature dedicated sections for Hero MotoCorp, VIDA, and Harley-Davidson products under one roof.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

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