📅 Hero MotoCorp Limited Seasonality

Hero MotoCorp Limited (HEROMOTOCO) has ended October higher in 9 of the last 22 years (41%), with an average October move of -1.5%. The strongest October was 2011 (+12.3%) and the weakest was 2008 (-14.5%).

HEROMOTOCO · data since 2004 (23 yrs) Prices through 16 Oct 2026
9/22
Octobers closed higher
-1.5%
Avg October move
-0.3%
October so far
May
Best month · avg +4.2%
February
Weakest month · avg -1.9%
23
Years of history
Current month: October 2026 historically up 41% of years (9/22) avg -1.5% best 2011 +12.3% worst 2008 -14.5% so far -0.3%

Hero MotoCorp Limited's historically strongest month is May — up in 17 of 23 years (74%) with an average gain of +4.2%. The weakest month has been February, averaging -1.9% with gains in only 9 of 23 years.

📊 Average return by month

2004–2026 · completed months only
Bars above the zero line are months HEROMOTOCO typically gained; hover for hit rates.

🗓️ Month-by-month returns (2004–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg -0.3-1.9+0.4+3.9+4.2+2.2+0.9+3.0+3.1-1.5+3.6+0.3
Up % 41%39%52%61%74%52%52%65%70%41%55%55%
2026 -4.1 +3.2 -11.3 +0.7 -3.8 -2.2 +12.3 +1.2 -3.8 -0.3 · ·
2025 +4.3 -15.2 +1.1 +2.8 +12.6 -1.7 +0.6 +19.4 +7.6 +1.3 +11.4 -6.5
2024 +11.6 -4.2 +6.7 -3.8 +12.7 +9.0 -1.6 -0.6 +4.7 -12.7 -4.6 -12.6
2023 +0.9 -12.5 -3.0 +9.0 +7.9 +5.4 +10.1 -9.0 +4.8 +1.0 +23.7 +8.4
2022 +10.6 -6.9 -9.5 +9.3 +10.7 -2.0 +3.6 +0.7 -10.2 +5.0 +6.5 -4.0
2021 +4.7 -1.0 -9.6 -3.2 +6.7 -3.5 -4.8 -0.8 +3.3 -6.2 -7.8 +0.5
2020 +2.4 -18.0 -22.2 +35.7 +9.0 +7.9 +5.1 +12.3 +4.7 -11.0 +11.0 +0.0
2019 -15.8 +0.5 -3.9 -0.6 +6.7 -3.7 -8.7 +9.2 +5.2 -0.0 -10.0 +0.4
2018 +30.0 -2.6 -1.5 +5.3 -5.0 -2.0 -5.2 -1.2 -9.9 -5.8 +10.6 +1.6
2017 +4.2 -1.1 +4.4 +3.0 +12.9 -0.4 -1.2 +9.3 -5.5 +2.0 -5.6 +4.2
2016 -4.8 -2.6 +19.5 -1.6 +7.0 +2.6 +0.8 +10.6 -2.7 -1.8 -5.5 -3.9
2015 -7.8 -6.7 -1.2 -11.8 +15.8 -5.4 +6.3 -10.6 -0.1 +7.8 +4.6 -0.2
2014 -5.1 -0.1 +15.6 -3.3 +6.6 +12.3 +1.0 +1.5 +9.0 +7.9 +2.7 -1.3
2013 -4.1 -8.5 -7.5 +6.6 +5.6 -4.2 +9.4 +12.5 +1.2 +3.4 -1.2 +1.1
2012 -2.2 +4.5 +5.6 +9.0 -18.3 +17.4 -6.7 -10.0 +6.7 -0.0 -2.8 +4.0
2011 -17.9 -10.3 +8.5 +12.0 +8.5 +1.2 -4.9 +17.0 -5.4 +12.3 -8.3 -4.7
2010 -9.2 +14.0 +9.4 +2.4 +1.2 +5.7 -11.4 +0.4 +3.7 +0.4 +6.3 +0.3
2009 +9.1 +6.0 +15.2 +10.6 +12.8 +4.5 +14.9 -4.6 +10.7 -6.4 +10.2 -0.4
2008 -0.5 +10.0 -8.8 +22.6 -12.4 -7.2 +16.1 +3.1 +7.6 -14.5 +7.8 +0.0
2007 -6.2 -5.4 +1.6 +0.4 +5.9 -5.4 -0.2 -3.8 +15.2 -2.9 -0.6 -3.4
2006 -0.2 +3.7 +0.1 -5.2 -8.8 +3.0 -11.1 +5.2 +7.5 -2.2 -2.1 +2.9
2005 -6.0 +1.2 +0.6 -8.1 +9.8 +5.4 +10.4 +3.8 +14.7 -4.5 +17.8 +3.1
2004 · +8.9 -0.4 -1.8 -7.5 +13.7 -13.3 +3.2 +1.2 -5.5 +16.3 +16.1

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 59% of years (13/22) avg +2.5% so far -0.3%

By quarter, Q2 (Apr–Jun) has been the strongest for HEROMOTOCO: up in 17 of 23 years, averaging +10.4%. Q1 (Jan–Mar) has been the softest (-2.1% on average). The current quarter (Q4) has historically closed higher 59% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -2.1+10.4+7.0+2.5
Up % 41%74%70%59%
2026 -12.3 -5.3 +9.3 -0.3
2025 -10.5 +13.8 +29.2 +5.5
2024 +14.1 +18.2 +2.4 -27.2
2023 -14.3 +24.0 +5.1 +35.4
2022 -6.8 +18.5 -6.3 +7.4
2021 -6.3 -0.4 -2.4 -13.1
2020 -34.7 +59.5 +23.6 -1.2
2019 -18.6 +2.2 +4.8 -9.7
2018 +24.7 -2.0 -15.6 +5.8
2017 +7.6 +15.8 +2.0 +0.3
2016 +10.9 +7.9 +8.4 -10.8
2015 -15.0 -3.3 -5.1 +12.5
2014 +9.6 +15.8 +11.7 +9.4
2013 -18.9 +7.8 +24.5 +3.3
2012 +7.9 +4.6 -10.5 +1.1
2011 -20.1 +23.0 +5.3 -1.9
2010 +13.2 +9.6 -7.8 +7.0
2009 +33.3 +30.5 +21.3 +2.7
2008 -0.3 -0.3 +28.8 -7.9
2007 -9.8 +0.6 +10.6 -6.8
2006 +3.6 -10.9 +0.5 -1.4
2005 -4.3 +6.3 +31.4 +15.9
2004 · +3.3 -9.5 +27.7

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ HEROMOTOCO seasonality — FAQ
How often does Hero MotoCorp Limited rise in October?
Historically HEROMOTOCO has closed October with a gain in 9 out of 22 years — a 41% hit rate — averaging -1.5% for the month (data since 2004).
Which is the best month to buy Hero MotoCorp Limited historically?
Based on 23 years of data, May has been HEROMOTOCO's strongest month: positive in 74% of years with an average return of +4.2%. Past seasonality does not guarantee future results.
Which is the weakest month for Hero MotoCorp Limited?
February has historically been the weakest month for HEROMOTOCO, with an average move of -1.9% and gains in just 9 of 23 years.
Which quarter is historically strongest for Hero MotoCorp Limited?
Q2 (Apr–Jun) — positive in 17 of 23 years with an average return of +10.4%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2004. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI