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Hero MotoCorp surges over 5% on Feb sales number

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Press Trust of India Mumbai
Shares of two-wheeler maker Hero MotoCorp today ended with over 5 per cent gains after the company reported 13.6 per cent rise in sales for February.

The stock settled the day with a gain of 5.28 per cent at Rs 2,807.75 on BSE. During the day, it jumped as much as 7.13 per cent to Rs 2,857.35 -- its 52-week high.

On NSE, shares of the company ended 5.22 per cent higher at Rs 2,806.70.

The company added Rs 2,811.26 crore to Rs 56,067.26 crore in market valuation.

Country's largest two-wheeler maker Hero MotoCorp yesterday reported 13.6 per cent rise in sales at 5,50,992 units in February.
 

It had sold 4,84,769 units in February 2015,

"These numbers have been possible in spite of the production at Hero's manufacturing facilities in Gurgaon and Dharuhera in Haryana and at Neemrana in Rajasthan being impacted for a few days due to local agitations in the region during the month," the said.

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First Published: Mar 02 2016 | 4:48 PM IST

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