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Hero MotoCorp gains on record sales in May

Shares of Hero MotoCorp were up nearly 2% after the company late Monday said that robust demand for its range products has helped achieve highest-ever monthly sales in May

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SI Reporter Mumbai
Shares of Hero MotoCorp were up nearly 2% after the company late Monday said that robust demand for its range products has helped achieve highest-ever monthly sales in May and record sales for any non-festival period for Apr-May 2013.

Hero MotoCorp despatched a record 5,57,890 two-wheeler units in May, its highest-ever sales for any single month. In May 2012 the company had sold 5,56,644 units, the company said in a release.

With demand for its range of products at an unprecendented high, the company sold over 1.1 million units in the combined months of Apr-May 2013, its highest-ever retail sales for any non-festival period.
 

Over 70,000 shares were traded on both the stock exchanges so far.

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First Published: Jun 04 2013 | 10:00 AM IST

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