Hero MotoCorp Share Price Rises 2.3% After Hitting 52-Wk Low; Should You Consider Buying This Auto Stock?

Shares of India's leading two-wheeler giant, Hero MotoCorp, surged in today's trading session after experiencing a continuous decline over the past few days. The Hero MotoCorp stock, which has been under pressure recently, rebounded as market participants reacted to news of multiple senior executives resigning from the company.

The sudden management changes have sparked investor interest, leading to increased trading activity in Hero MotoCorp shares.

Hero MotoCorp Latest News: Key Senior Executives Resign

Hero MotoCorp has witnessed a fresh wave of senior-level exits. According to CNBC-TV18, five senior officials of the company have resigned from their respective roles.

This latest round of resignations follows the earlier announcement of Hero MotoCorp CEO Niranjan Gupta's resignation. After his exit on April 30, 2025, the company has appointed Vikram Kasbekar, Executive Director (Operations), who will take the position from May this year. The management changes come at a critical time for the auto giant, as it navigates industry challenges and strategic growth initiatives.

Hero MotoCorp Share Price Movement

On March 20, 2025, Hero MotoCorp share price opened with gains at Rs.3,579 and surged 2.43% intraday to reach Rs.3,623 apiece at the time of writing. The auto stock has been on a downward trend since hitting its 52-week high of Rs.6,246 in September 2024, marking a decline of 39.77% over the past six months.

At the start of this week, Hero MotoCorp shares touched a 52-week low of Rs.3,462 per share on March 17.
Axis Capital, in its February report, stated that, "While the company remains optimistic about two-wheeler industry demand and expects double-digit revenue growth, analysts project a moderate 8% CAGR over FY24-26. Key growth drivers include high single-digit volume expansion, a 2-4% ASP hike, and a shift toward premium motorcycles and larger scooters. Hero is also expanding its retail network, increasing Premia and Hero 2.0 outlets to strengthen brand positioning. The EV segment is gaining traction, with new model launches in H2 FY25 and a PLI compliance target for FY26. Additionally, the company maintains a strong export presence, particularly in Bangladesh, Nepal, Mexico, and Colombia. However, given the moderate growth outlook, the stock remains under watch for further developments."

The brokerage firm has given Hero MotoCorp a REDUCE rating with a target price of ₹4,100 against its current market price of ₹4,130, indicating limited upside.

About Hero MotoCorp

Hero MotoCorp Ltd. is India's largest two-wheeler manufacturer and one of the leading players in the global motorcycle and scooter market. Headquartered in New Delhi, the company was originally founded as Hero Honda in 1984 as a joint venture with Japan's Honda Motor Co. In 2011, Hero and Honda parted ways, and Hero MotoCorp emerged as an independent entity. The company is known for its fuel-efficient and affordable motorcycles, including popular models like Splendor, Passion, HF Deluxe, and Xtreme. In recent years, Hero has also expanded its focus on electric mobility, launching the Vida electric scooter to compete in the growing EV segment.