Hero Motors Ltd. SHARES RALLY 5.5% AFTER Q2

Hero Motors shares surged 5.5% in early trade on Wednesday following the company’s strong second-quarter earnings, which saw net profit more than double and operating margins improve significantly. The automotive components manufacturer also announced plans to increase its stake in UK-based subsidiary Hewland Engineering. The stock climbed to ₹163.70 in morning trade, extending its gains since its stock market debut in late September to approximately 66%. Hero Motors’ market capitalisation stood at around ₹7,500 crore, while the shares rose as much as 8% during the session. The rally came after the company announced its financial results for the quarter ended September 2026 on Tuesday evening, reporting strong revenue growth and a substantial improvement in operating profitability. Hero Motors posted a 115.6% year-on-year increase in net profit. Revenue from operations rose 24.9%. Operating performance also strengthened considerably. Earnings before interest, tax, depreciation and amortisation jumped 92% year-on-year, up from ₹18.7 crore in the year-ago period. The EBITDA margin expanded by around 400 basis points, compared with 7.3% in the same quarter last year. Hero Motors specialises in the design, development and manufacture of powertrain solutions for automotive original equipment manufacturers. Its product portfolio spans two-wheelers, electric bicycles, off-road vehicles, electric and hybrid cars, and heavy-duty vehicles. The company serves customers across India, Europe, the United States and ASEAN markets. Its client base includes BMW, Ducati, Enviolo, Formula Motorsport, Hummingbird EV and HWA.