Hero MotoCorp Shares See 3% Gain Following Release of Fourth-Quarter Earnings

Hero MotoCorp Share Price Rallies 3% Amid Q4 Results

Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, saw its share price surge over 3% on Wednesday following the release of its Q4 results. The company's stock gained as much as 3.26% to ₹5,280.00 per share on the BSE, before succumbing to profit booking and intensifying selling pressure at higher levels.

In its Q4 results, Hero MotoCorp reported a net profit of ₹1,401 crore, marking a growth of 29.6% from ₹1,081 crore in the year-ago period. The company's revenue in Q4FY26 grew 28.8% to ₹12,797 crore from ₹9,939 crore, year-on-year (YoY). Hero MotoCorp sold a total of 17.14 lakh units of motorcycles and scooters in the March quarter, a growth of 24% over the corresponding quarter in the previous year.

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The company's Global Business closed FY26 at an all-time high, with 40% YoY growth, driven by consistent performance across key international markets. The Harley-Davidson Business also delivered 26% YoY growth in its dispatch volume.

According to Harshavaradhan Chitale, Chief Executive Officer, Hero MotoCorp, the company is well-positioned for FY'27, driven by supportive government policies, positive consumer loyalty and sentiment, and the accelerating shift towards electrification and premiumisation. The Hero MotoCorp board also recommended a final dividend of ₹75 per share for FY26.

Goldman Sachs maintained a 'Sell' rating and a share price target of ₹4,300 apiece, implying a downside potential of nearly 16% from Tuesday's closing price. However, Anshul Jain, Head of Research at Lakshmishree Investments, noted that Hero MotoCorp stock price has been trading within a falling channel for the past six months, undergoing a structured corrective phase rather than aggressive distribution.

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Hero MotoCorp share price has fallen 1% in one month and has dropped 12% in three months. The stock has declined 5% in six months and has gained 30% in one year. Hero MotoCorp stock price has jumped 98% in three years and has surged 74% over the past five years. At 11:00 AM, Hero MotoCorp share price was trading 1.64% lower at ₹5,029.15 per share on the BSE.