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Hero Honda erases gains

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BS Reporter Mumbai

The stock extended gains and surged to a high of Rs 1,605. However, it could not hold on to gains and slipped to a low of Rs 1,550. The stock finally ended marginally in the red at Rs 1,568. The counter clocked a volume of 44,000 shares on the BSE
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(Updated at 0917 hrs)

Hero Honda firmed up after reporting a jump in its sales numbers for January. The stock is trading at Rs 1595, higher by Rs 15 or 0.9%, on the BSE. The shares had opened at Rs 1595 and have touched a high of Rs 1599 and a low of Rs 1585 during the day.

 

The country's largest two-wheeler maker reported a 23.57 per cent jump in its sales at 3,89,802 units in January compared to the same month last year. Hero Honda had sold 3,15,458 units in January last year.

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First Published: Feb 02 2010 | 3:57 PM IST

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