Shares of Hero MotoCorp declined 2.02% to ₹4,222.10 in early trade on Monday, June 2, after the company reported modest growth in its monthly dispatches for May 2025, which fell short of market estimates. The stock opened lower and continued to slide, tracking investor sentiment over the automaker’s lukewarm performance across segments.
According to the company’s press release dated June 1, Hero MotoCorp dispatched 5.08 lakh motorcycles and scooters during May 2025, reflecting a slight increase from 4.98 lakh units in May 2024. However, growth was limited to just 1.9% on a year-on-year basis, indicating low single-digit expansion across the board.
Motorcycle sales stood at 4.75 lakh units in May 2025, compared to 4.71 lakh units in the same period last year. Scooter sales were at 32,537 units, up from 26,937 units last year. While the electric two-wheeler arm VIDA posted dispatches of 8,361 units, overall numbers fell short of bullish projections, particularly given the ongoing IPL-driven campaign and the upcoming VIDA V2 launch.
Market participants noted that the company’s domestic dispatches, which form the bulk of sales, were at 4.88 lakh units—just 1.9% higher YoY—while exports grew marginally to 18,704 units. Analysts cited this subdued growth as a factor behind the stock’s underperformance in today’s session.
The company, however, highlighted ongoing premium segment expansion through its Premia outlets and new product momentum in domestic and global markets.
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