Hero MotoCorp’s complete wholesales elevated by 3% whereas the road had estimated a rise of seven%. Nevertheless, its retail progress momentum remained robust because it elevated 19% from the earlier 12 months.
Whole gross sales in August have been at 5.68 lakh models, up 2.65% from the earlier 12 months’s 5.54 lakh models. Nevertheless, it was under the CNBC-TV18 ballot of 5.9 lakh models.
The corporate’s motorbike gross sales declined by 1.5% to 4.94 lakh models in comparison with 5.02 lakh models in August final 12 months, however its scooter gross sales elevated 42%.
Its export gross sales additionally declined by 24.6% in August to 26,093 models from 34,588 models within the year-ago interval, whereas its home gross sales elevated to five.42 lakh models from 5.19 lakh models final 12 months.
Compared, Honda Motorbike & Scooter India (HMSI) recorded complete gross sales of 5.79 lakh models in August 2026, registering 8% year-on-year progress from 5.34 lakh models in August 2025. Honda’s home gross sales elevated 8% to five.17 lakh models from 4.81 lakh models, whereas exports rose 15% to 0.61 lakh models from 0.53 lakh models a 12 months earlier.
For the April-August 2026 interval, HMSI’s complete gross sales stood at 27.33 lakh models, up 13% from 24.25 lakh models within the year-ago interval. Home gross sales rose 11% to 24.07 lakh models from 21.76 lakh models, whereas exports elevated 31% to three.26 lakh models from 2.49 lakh models throughout April-August 2025.
Last month, final month Hero MotoCorp stated it was anticipating to extend its electrical automobile manufacturing capability to 45,000 models a month by the top of the monetary 12 months 2027, tripling its output from the place it stood at then finish of FY26.
The 2-wheeler maker had a month-to-month EV capability of 15,000 models on the finish of the earlier fiscal. This has now risen to just about 30,000 models, Hero MotoCorp’s CEO Harshvardhan Chitale, stated.
On another note, final week, Ather Vitality’s board accepted the allotment of 16.3 lakh fairness shares and 79.4 lakh convertible warrants, as a part of its ₹1,200 crore preferential fundraise.
Of this, Hero MotoCorp, which is Ather’s largest shareholder, was allotted 76.2 lakh convertible warrants at ₹1,260 every, which represented an funding of almost ₹1,000 crore if the warrants are absolutely transformed into shares. Submit the transaction, Hero MotoCorp is ready for its stake to rise to 29.88% in Ather Vitality from 28.69% on a fully-diluted foundation.
The warrants don’t instantly convert into shares. As per the phrases of the problem, buyers are wanted to pay 25% of the warrant worth upfront and the remaining 75% is payable after they select to transform the warrants into fairness. The identical could be transformed in a number of tranches inside 18 months of the convertible warrants’ allotment.
Shares of Hero MotoCorp are actually buying and selling 6.2% decrease at ₹5,211.5. With this fall, the inventory has prolonged its losses for 2026 to 11%. The inventory is at present the highest loser on the Nifty 500 index.
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