Shares of Hero MotoCorp Ltd . declined 5% on Tuesday, November 4, after the company reported weak auto sales for October on Monday.
Its total sales declined 6.5% in October to 6.36 lakh units from 6.79 lakh units last year. It was also below a CNBC-TV18 poll of 6.89 lakh units.
The two-wheeler marker's domestic sales declined 8% in October to 6.04 lakh units from 6.57 lakh units in the same period last year.
However, Hero MotoCorp's total exports increased 42% to 30,979 units compared to 21,688 units in the year-ago period.
The company is set to report its September quarter earnings next week on November 13, 2025.
Last month, Hero MotoCorp said it is entering the Spanish market via a distribution partnership with Noria Motos, a subsidiary of the ONEX Group.
This marks the two-wh

CNBC-TV18

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