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Semi-urban and rural areas, which are reporting high double-digit growth

Hero is benefiting significantly from rural markets with most of its sales coming from models like Splendor, Glamour, HF Deluxe, and Xtreme 125cc.

Bajaj's Freedom motorcycle makes up 40% of sales in states like Maharashtra and Gujarat.

It has become popular among delivery personnel, medical representatives, and the lower middle class who prioritize fuel efficiency.

TVS Motor dealers are facing challenges due to a lack of stock for the new Jupiter 110cc, which is in high demand.

This shortage may lead to slightly lower growth for TVS Motor during the festivals compared to its listed peers.


Royal Enfield is expected to report flat YoY festive sales, with its top-selling models being the Bullet, Classic, Meteor, Hunter, and Himalayan.