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Hero MotoCorp Shares Fell Over 2% Despite Reporting Growth in Jan 2025 Sales

Written by: Sachin GuptaUpdated on: Feb 3, 2025, 11:55 AM IST
The high demand in key markets such as Bangladesh and Colombia led to an increase in sales for January 2025.
Hero MotoCorp Shares Fell Over 2% Despite Reporting Growth in Jan 2025 Sales
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Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold a total of 4,42,873 units in January 2025. Of this, 4,12,378 units were dispatched in the domestic market, while the company’s global business saw strong momentum with 30,495 units, marking a 141% growth compared to January 2024.

Sales Growth Driver

The robust growth in global sales was fueled by high demand in key markets such as Bangladesh and Colombia, contributing significantly to the company’s overall performance. Hero MotoCorp’s electric vehicle (EV) brand, VIDA, dispatched 6,669 units of its newly launched VIDA V2 electric scooter in January 2025. The VIDA V2 is priced starting at ₹96,000.

New Product Launches in January 2025

Hero MotoCorp introduced five new products across multiple segments in January 2025. The company bolstered its presence in the premium motorcycle segment with the launch of the Xtreme 250R and Xpulse 210. Additionally, Hero MotoCorp expanded its scooter portfolio with the new Destini 125, Xoom 125, and the maxi scooter Xoom 160.

Hero MotoSports Team Rally, the motorsports division of Hero MotoCorp, achieved an impressive 7th place finish in the Dakar Rally 2025. This was the team’s second-best performance in the past nine years, following their remarkable 2nd-place finish in 2024.

On February 3, 2025, Hero MotoCorp share price opened at ₹4,439.80 and touched the day low of ₹4,286.05, reflecting a fall of 2.47% against the previous close.

 

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

Published on: Feb 3, 2025, 11:55 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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