Hero Motocorp climbs on strong sales number

Shares of Hero Motocorp have climbed nearly 2% on the back of strong sales in the month of September.

Shares of Hero Motocorp have climbed nearly 2% to Rs 2,890 on the BSE on the back of strong sales in the month of September.

 

The largest two-wheeler maker’s sales soared over 30 percent in September by selling 6 lakh units, aided by strong demand for exciting range of products during the festive season .

 

The company sold 4,68,670 units in September 2013.

 

Further, the company clocked over 1.7 lakh units in retail sales during the first six days of Navaratri (25th Sep-30th Sep).

 

The stock opened at Rs 2,882, touched a high of Rs 2,926 and a low of Rs 2,858 on the BSE. A total of 21,633 shares exchanged hands on the BSE so far.