Hero MotoCorp gains 4% on May auto sales numbers

However, on a year-on-year basis, the sales for the reporting month has declined by 7.7 per cent from 706,365 units in May 2018

Shares of Hero MotoCorp (HMCL) rose 4 per cent to Rs 2,790 on the BSE on Monday in early morning trade after the company reported a 13.5 per cent rise in sales to 652,028 units in May over the previous month. The company had sold 574,366 units in April 2019, it said in a BSE filing.

At 09:59 am, HMCL was the largest gainer among the constituents of S&P BSE Sensex, which up 0.38 per cent at 39,865 points.

However, on year-on-year basis, the sales for the reporting month, has declined by 7.7 per cent from 706,365 units