Preview: India's Hero MotoCorp slides ahead of quarterly results

Hero Motocorp

05/02/2026 05:36

** Shares of Hero MotoCorp HROM.NS down 1% at 5788.50 rupees so far on the day

** Analysts on avg expect India's top two-wheeler maker by sales to report a 14.5% y/y increase in Q3 profit to 13.78 billion rupees ($152.69 million) -- data compiled by LSEG

** Co beat Q2 profit estimates on the back of demand fueled by domestic tax cuts as well as strong exports

** Stock rated "hold" on avg by 33 analysts, median PT: 6300 rupees; rival TVS Motor TVSM.NS rated "buy" on avg, median PT: 4200 rupees -- LSEG data

** HROM gained about 39% in 2025 and is up 1.4% YTD, while TVSM rose 57% last year and has traded largely flat this year

($1 = 90.2510 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com |  X: https://twitter.com/SurbhiMisra_  |;))