Hero MotoCorp shares fall 3% as October sales drop 6%; exports jump 43%

Hero MotoCorp shares slipped 3% to Rs 5,382 after reporting a 6.3% decline in October sales for FY26, driven by lower motorcycle and domestic sales. However, scooter and export volumes rose sharply. Citi retained its Buy rating with a Rs 6,100 target, citing festive demand and solid retail momentum.

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