Hero MotoCorp rose 1.38% to Rs 2,947.70 at 09:18 IST on BSE after the company reported 14.89% increase in total sales to 6.12 lakh units in April 2016 over April 2015.
The announcement was made after market hours yesterday, 2 May 2016.Meanwhile, the BSE Sensex was up 161.45 points, or 0.63%, to 25,597.44
On BSE, so far 3,862 shares were traded in the counter, compared with an average volume of 49,466 shares in the past one quarter. The stock hit high of Rs 2,959 and low of Rs 2,920.20 so far during the day. The stock hit a 52-week high of Rs 3,170 on 13 April 2016. The stock hit a 52-week low of Rs 2,252 on 8 May 2015.
The large-cap company has an equity capital of Rs 39.94 crore. Face value per share is Rs 2.
Having grown by 13.6% and 14% in February 2016 and March 2016, respectively, this is the third consecutive month of double digit monthly sales growth for the company, Hero MotoCorp said in a statement.
Hero MotoCorp announces its Q4 March 2016 result on 5 May 2016. The company's net profit rose 36.5% to Rs 795.81 crore on 5.6% increase in net sales to Rs 7174.16 crore in Q3 December 2015 over Q3 December 2014.
Hero MotoCorp is the world's largest two-wheeler manufacturer in terms of production capacity.
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