Hero MotoCorp shares fall over 2% in early morning trade. As of 9:56 AM, the shares were trading 2.41% lower at Rs 6,018.50.

UBS has highlighted a notable drop in Hero MotoCorp’s market share at the start of December, pointing to a softer-than-usual showing in the two-wheeler space. According to the brokerage, Hero’s market share slipped to around 19% in early December, a steep fall from the 35% level seen through November 2025.

The trend remains weak even when looking at the broader fortnightly data. UBS notes that Hero’s market share over the last 14 days stood at about 29%, still below the 35% recorded during the first three weeks of November.

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TOPICS: Hero Motocorp