Shares of Hero MotoCorp rallied 5 per cent to Rs 3,136 on the BSE in the early morning trade on Thursday after the two-wheeler giant said it sold more than 14 lakh units of motorcycles and scooters in retail sales during the festive season. The stock hit a 52-week high of Rs 3,394 on October 16, 2020.
“The riding on robust customer demand for its range of products, Hero MotoCorp - the world’s largest two-wheeler manufacturer - sold more than 14 lakh units of motorcycles and scooters, in retail sales during the just-concluded festive season, thereby continuing to gain market share