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Hero Moto Corp Gains on Strong September Sales

Hero Moto Corp is estimated to have clocked a 30 per cent increase in sales during September at 6 lakh units.
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Hero Moto Corp Gains on Strong September Sales

Hero Moto Corp opened almost 2 per cent higher on Wednesday on strong September sales numbers.

Hero Moto Corp clocked a 30 per cent increase in sales during September at 6 lakh units.

The company attributed to the growth in sales to the festive season. Hero Moto Corp sold 1.7 lakh units during the first six days of Navratri, the company said.

This is only the third time that Hero Moto Corp has crossed 6 lakh units of sales, the company said.

At 9:35 am, the Hero Moto stock was trading at Rs 50.45, up 1.78 per cent on NSE, outperforming the broader Sensex and the Nifty which were both in the red.



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