Hero MotoCorp reported total dispatches of 7,66,348 units in September 2026, marking a 12% YoY growth from 6,87,220 units in the same period last year. The surge reflects robust consumer demand ahead of the festive season.

Domestic ICE and VIDA drive volume growth

The company’s domestic internal combustion engine (ICE) business delivered strong performance with 7,10,436 units dispatched, up from 6,32,253 units a year earlier. This segment was led by ICE scooters, which recorded 60% YoY dispatch growth. Retail momentum remained healthy, evidenced by a 29% VAHAN growth in domestic ICE sales.

VIDA, the company’s electric mobility unit, sustained its upward trajectory with 28,798 units dispatched in September. The brand reported a significant 83% VAHAN growth, indicating strong adoption of its electric scooter lineup. VIDA also achieved a milestone by featuring in the Asia Book of Records for towing a passenger aircraft.

Global business shows sequential recovery

Exports recorded 27,330 units in September 2026, reflecting 5% sequential growth over August. While this represents a year-on-year decline from 39,638 units in September 2025, the month-on-month improvement signals stabilizing demand in international markets. The company also celebrated reaching one million customers in Latin America, highlighting the strength of its distribution network in the region.

Strategic initiatives and partnerships

To capitalize on the festive season, Hero MotoCorp launched a campaign integrating Indian folk art forms with soundscape technology using the Destini scooter. Additionally, the company announced a partnership with Swiggy under its Ride Safe India CSR initiative to provide road safety training to delivery partners.

What the numbers show

The data reveals a distinct divergence between domestic strength and export volatility. While total volumes grew 12%, this was entirely driven by the domestic market, where dispatches rose to 7,39,018 units from 6,47,582 units. Conversely, exports contracted significantly on a YoY basis, falling from 39,638 to 27,330 units. The high growth in scooters (60%) compared to motorcycles suggests a shifting consumer preference toward urban mobility solutions, supported by the strong VAHAN retail data which outpaced wholesale dispatches.

A large-trade signal flagged approximately 3,792,073 shares of Hero Motocorp changing hands on the NSE at a price of ₹117.65, with a combined value of ₹44.61 crore.

This is a real-time large-trade signal, not a confirmed block or bulk deal. NSE/BSE publish official block and bulk deal reports only after market close — this trade may or may not appear there.

Large-trade signal details

The following table summarises the key parameters of the flagged activity:

The signal reflects a cluster of trades in Hero Motocorp shares printed within a short window at or near ₹117.65, flagged by a real-time trade-scanning system for size and speed. No buyer, seller, broker, or client identity is known at this stage, as such disclosures are made only by the exchange after market close.

What this is, and isn't

What this is, and isn't: this reflects trade-level activity — a cluster of trades in the stock above, printed within a short window at or near the quoted price, for a combined value as stated. It is generated by our real-time trade-scanning system and is not, by itself, evidence of a block or bulk deal.

A block deal has to be executed in the exchange's dedicated window (8:45–9:00am or 2:05–2:20pm), within a set price band, and above the current minimum order size (₹25 crore). A bulk deal is when one client's total trading in a stock crosses 0.5% of its equity in a single day — confirmed only once every trade that client made is added up.

Both are published by NSE/BSE after trading hours end, typically after 3:30pm — never before. If this trade qualifies as either, it will appear in the exchange's own report later today, not here first.