Hero MotoCorp shares in focus after production halt at four plants

Hero MotoCorp shares will be in focus on Thursday after the company announced a temporary production pause at four of its manufacturing units—Gurugram, Dharuhera, Haridwar, and Neemrana—from April 17 to April 19, due to short-term supply alignment.

The company stated it will use the pause to carry out maintenance, upkeep, and facility enhancements. Production is expected to resume on April 21.

“Our Tirupati and Halol plants will continue to operate during this time. This pause will not impact our ability to meet retail demand across domestic and international markets. Any production deferment will be efficiently recovered in the following month,” Hero MotoCorp said in an exchange filing.

In FY25, Hero MotoCorp sold over 54 lakh two-wheelers, retaining its leadership in the segment, followed by Honda Motorcycle & Scooter India with nearly 48 lakh units.

In March 2025, Hero reported sales of 5.49 lakh units, marking a 12% year-on-year increase. The company also achieved its highest-ever electric vehicle sales in FY25, growing nearly 200% compared to the previous year.

In the premium segment, Hero sold over 11,000 units of the Harley-Davidson X440. Global sales rose to 2.87 lakh units—a 43% jump year-on-year.

Hero MotoCorp Share Price Target

According to Trendlyne data, the average target price for the stock is Rs 4,711, indicating an upside of 25% from current levels. The consensus rating from 35 analysts remains a ‘Buy’.

Hero MotoCorp Share Price Performance

On Wednesday, the stock closed at Rs 3,782.3 on the BSE, down 0.5%, while the Sensex gained 0.4%. The stock has declined 30% in the past six months but is up 66% over the last two years. Hero MotoCorp’s current market capitalisation stands at Rs 75,651 crore.

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