Hero MotoCorp Stock Jumps 3.39% as July Dispatches Surge 21% YoY, EV Sales Hit Record

New Delhi, August 4, 2025- The shares of Hero MotoCorp Ltd. (NSE: HEROMOTOCO) rose by ₹146.20, or 3.39%, to ₹4,457.80 in early trade on Monday, after the company’s strong July 2025 dispatch and retail performance were reported. Hero MotoCorp’s Vida e-scooter brand achieved its best month ever, with the electric vehicle industry showing a year-on-year increase to a 10.2% market share.

Hero MotoCorp’s fiscal results reflect strong retail momentum across urban and rural markets. With higher volumes anticipated during the upcoming festive season, the company is expected to maintain its growth momentum in the second half of the fiscal year.

Stock Snapshot as of 11:30 AM IST

As of 11:30 IST, Hero MotoCorp was trading at ₹4,449.50, an increase of ₹137.90, or 3.20%, above the previous close of ₹4,311.60. The stock registered an intraday high of ₹4,444.00 and an intraday low of ₹4,310.10. A total of 3.42 lakh shares exchanged hands (traded value: ₹150.60 crore). The company’s market capitalisation is ₹88,382.94 crore and has a P/E ratio of 19.01. Hero MotoCorp is part of the NIFTY 50 index.

What Triggered This Rally?

Dispatches Jump 21% YoY in July 2025

Hero MotoCorp dispatched 4.5 lakh units (449,755) of two-wheelers in July 2025, marking a 21% year-on-year growth from 370,274 units in July 2024.

Monthly Dispatch Comparison

Hero MotoCorp delivered a strong performance in July 2025, reporting total two-wheeler dispatches of 449,755 units, a 21% increase from 370,274 units in July 2024. The growth was driven by a rebound in domestic demand and a recovery in export volumes. Motorcycles remained the key contributor with 400,615 units dispatched, while scooters accounted for 49,140 units. Of the total, 412,397 units were sold in the domestic market, and 37,358 units were exported.

YoY Growth Momentum

Motorcycle dispatches increased 17.7% year-over-year, while scooter sales increased an even more impressive 64.4%. Domestic volumes increased 18.7%, and exports increased by 64.2%, indicating a strong recovery in international markets.

Electric Vehicle (EV) Surge: VIDA Hits New High

Hero’s electric mobility brand VIDA recorded its best-ever monthly sales, with 11,226 units dispatched and 10,489 VAHAN registrations in July. This milestone doubled VIDA’s YoY VAHAN market share to 10.2%, driven by strong adoption of the newly launched VIDA EVootor VX2, marketed as the “Badalte India ka Scooter.”

The company’s Battery-as-a-Service (BaaS) model further eased EV adoption, making it a notable player in India’s fast-expanding electric two-wheeler market.

Global Business Momentum

Hero’s global business segment continued to outperform industry trends, clocking 37,358 units in exports, a sharp 64.2% YoY growth. The company cited this as a reflection of its robust international footprint and focus on high-quality, tech-forward mobility solutions.

Strategic Highlights

• HF Deluxe Pro launched in the entry-level motorcycle category, offering segment-leading fuel efficiency and an updated design.
• In scooters, Destini 125 and Xoom 125 helped gain market share.
• Retail strength was supported by over 3.39 lakh VAHAN registrations in July, with strong traction in both urban and rural markets.

Outlook

Hero MotoCorp expects continued volume growth driven by the upcoming festive season and steady retail trends. With a balanced portfolio spanning ICE and EV offerings, the company is well-positioned to capitalise on rising demand across domestic and global markets.

About Hero MotoCorp

Hero MotoCorp, listed on the NSE and BSE, is the world’s largest manufacturer of motorcycles and scooters. Incorporated in 1984 and listed in 2003, the company commands a strong domestic market share and operates globally. Following its 2011 split with Honda, the company expanded its portfolio and now focuses on innovation and EVs. A NIFTY 50 constituent, it has an adjusted P/E of 19.01 and a market cap exceeding ₹88,000 crore

REF:  https://nsearchives.nseindia.com/corporate/HEROMOTO_01082025192929_StxintimationPR01082025.pdf

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations