Hero MotoCorp up nearly 2% on positive sales figure in April

Image
Press Trust of India Mumbai
Last Updated : May 03 2016 | 11:22 AM IST
Shares of two-wheeler maker Hero MotoCorp today rose by nearly 2 per cent after the company reported 14.89 per cent increase in sales in April.
The stock climbed 1.76 per cent to Rs 2,959 on BSE.
At NSE, it went up by 1.91 per cent to Rs 2,960.05.
The company's sales number came post market hours yesterday.
Country's largest two-wheeler maker Hero MotoCorp yesterday reported 14.89 per cent increase in sales at 6,12,739 units in April.
The company had sold 5,33,305 units in April 2015, Hero MotoCorp had said in a statement.
Having grown by 13.6 per cent and 14 per cent in February and March respectively, this is a third straight month of double-digit growth for Hero MotoCorp, it added.
Meanwhile, the broader market was also trading in the positive, with the benchmark BSE Sensex rising by 153.25 points at 25,590.22 at 1100 hrs.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 03 2016 | 11:22 AM IST

Next Story