Hero MotoCorp shares rise over 2% after BNP Paribas buys nearly 1% stake for ₹1,035 crore

Following this announcement, shares of Hero MotoCorp gained as much as 2.22% higher to touch an intraday high of ₹5,418.50 apiece on the National Stock Exchange (NSE) in Tuesday morning’s session. Last seen at 10:10 AM, shares of Hero MotoCorp were trading 1.78% higher at ₹5,395 per equity share.

Paris-based BNP Paribas, through its affiliate BNP Paribas Financial Markets, purchased 19.52 lakh equity shares, representing a 0.97% stake, in the city-based Hero MotoCorp, as per the bulk deal data available on the National Stock Exchange (NSE).

The transaction was valued at around ₹1,035.16 crore, and was executed at an average price of ₹5,302.91 apiece. Details of the sellers of Hero MotoCorp's shares could not be ascertained on the exchange.

Over the last five trading sessions, Hero MotoCorp shares gained 1.70%. Similarly, the stock rose 2.95% in the last month. Further, the scrip zoomed 43.50% over the past six months, and also advanced 29.02% on a year-to-date basis.

The stock touched its 52-week high of ₹5,890 on September 30, 2024 and its 52-week low of ₹3,344 on April 7, 2025. The company’s market capitalisation stands at ₹1,07,866.59 crore as recorded on September 30.

Hero MotoCorp Q1 results

Hero MotoCorp reported flat standalone net profit growth at ₹1,126 crore for the quarter ended June 30, 2025 (Q1 FY26), as compared to ₹1,123 crore in the corresponding quarter of the previous fiscal year. The company's revenue from operations dropped 6% to ₹9,579 crore in the reporting quarter as against ₹10,144 crore seen in the year-ago period. On the operational level, Hero MotoCorp’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹1,382 crore in contrast to ₹1,460 crore year-on-year (YoY), marking a decline of 5.3%.

The EBITDA margin was also flat at 14.4% as against 14.3% YoY. On a consolidated basis, Hero MotoCorp’s revenue and profit after tax (PAT) were ₹9,728 crore and ₹1,706 crore, respectively. The consolidated profit for the quarter includes a one-time gain of ₹722 crore on account of the dilution of the company's share investment in associates consequent to the public issue and private placement.