Hero MotoCorp rose 0.43% to Rs 1971.40 at 10:13 IST on BSE after the company said its total two-wheeler sales rose 0.61% to 561,253 units in January 2014 over January 2013.
The company announced the sales numbers during trading hours today, 4 February 2014.
Meanwhile, the S&P BSE Sensex was down 205.88 points or 1.02% at 20,003.38.
On BSE, so far 1,575 shares were traded in the counter as against average daily volume of 21,000 shares in the past two weeks.
The stock was volatile. The stock rose as much as 0.75% at the day's high of Rs 1,977.80 so far during the day. The stock lost as much as 1.07% at the day's low of Rs 1,942 so far during the day.
Mr. Anil Dua, Sr. Vice President (Marketing & Sales), Hero MotoCorp said "The year 2014 is going to be a defining year for Hero MotoCorp in terms of technological breakthroughs and new launches. Clocking over five-and-half-lakh sales in the first month of the calendar, therefore, is a good way to begin the New Year. Going forward, we are expecting to excite the market further as our new launches keep rolling out in a phased manner. We have already given a glimpse of our new line-up with models like the HX25OR and Xtreme Sports and also futuristic concepts like the RNT model. We will showcase these, and several more, at the upcoming Auto Expo later this week".
Delivering on its commitment to bring revolutionary products in the two-wheeler market, Hero MotoCorp recently unveiled a slew of game-changing two-wheelers across-the-spectrum. The next-generation range of two-wheelers includes the new 250-cc sports bike 'HX25OR', the break-through Liquid-cooled Turbocharged Diesel Concept Bike 'RNT'; India's first series hybrid scooter 'LEAP', 110cc scooter 'Dash' and the all-new 150-cc Xtreme Sports, the company said in a statement.
Hero MotoCorp's consolidated net profit rose 7.5% to Rs 524.66 crore on 11.3% growth in net sales to Rs 6845.91 crore in Q3 December 2013 over Q3 December 2012.
Hero MotoCorp is the world's largest two-wheeler manufacturer in terms of production capacity.
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