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Hero MotoCorp Share Price Surges Amid Reports of Leadership Exits

Written by: Nikitha DeviUpdated on: Mar 20, 2025, 9:57 AM IST
Hero MotoCorp's share price rose 1.56% to ₹3,592.25 on March 20, rebounding from its 52-week low of ₹3,461.60 on March 17, despite news reports on key executive exits.
Hero MotoCorp Share Price Surges Amid Reports of Leadership Exits
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Hero MotoCorp Ltd has been in focus on Thursday. On March 20, 2025, Hero MotoCorp share price opened at ₹3,579.00, up from its previous close of ₹3,537.00. At 9:40 AM, the share price of Hero MotoCorp was trading at ₹3,592.25, up by 1.56% on the NSE. Notably, the company’s share price hit its 52-week low recently at ₹3,461.60 on March 17, 2025. 

Senior Executives Resign

According to reports, two key senior executives have resigned from Hero MotoCorp. These include Reema Jain, Chief Information and Digital Officer, and Sameer Pande, HR Head for Talent Management. Their departures add to the growing list of exits at the company.

The resignations come just a month after CEO Niranjan Gupta and Chief Business Officer Ranjivjit Singh stepped down in February. 

The latest exits follow a company-wide town hall held on February 14, where Pawan Munjal, Executive Chairman, addressed around 5,000 employees globally. 

Sales Growth in February 2025

Hero MotoCorp, the world’s largest motorcycle and scooter manufacturer, recorded total dispatches of 3.88 lakh units in February 2025. In the domestic market, the company dispatched 3,57,296 units, reflecting steady demand.

VIDA, Hero MotoCorp’s electric vehicle brand, continued its upward trajectory, with 6,200 units dispatched. The growing popularity of the VIDA V2 range reinforces the brand’s position as an aspirational, accessible, and affordable EV option.

Global sales witnessed a significant 33% year-on-year growth, with over 30,000 units dispatched in February 2025. This marks the third consecutive month of exceeding 30,000 units in international markets.

Conclusion

Investors and market analysts will be closely monitoring how Hero MotoCorp navigates these leadership transitions amid ongoing industry challenges.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 20, 2025, 9:57 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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