Business Standard

Hero MotoCorp turns volatile after Feb auto sales figures

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Capital Market

Hero MotoCorp informed that the company's total auto sales stood at 498,242 units in February 2020, down 19.28% from 617,215 units in February 2019.

The total sales have also fallen marginally, by 0.67% from 5,01,622 units in January 2020.

Domestic sales fell 20.05% to 480,196 units while the total exports witnessed a 8.72% rise to 18,046 units in February 2020 over February 2019.

Shares of the auto maker were currently trading 2.10% higher at Rs 2015.40, as the counter witnessed some amount of bargain hunting.

Hero MotoCorp is a motorcycle and scooter manufacturer. The company is the largest two-wheeler manufacturer in the world.

 

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First Published: Mar 03 2020 | 9:30 AM IST

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