Stock Report

Hero MotoCorp sells 3.96 lakh units in April 2023

Posted On : 2023-05-01 22:49:54( TIMEZONE : IST )

Hero MotoCorp sells 3.96 lakh units in April 2023

Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, sold 396,107 units in April 2023.

The Company expects the momentum to build-up in the coming months on account of a combination of multiple factors, including a slew of new product launches, a healthy growth in country's GDP and positive consumer sentiments.

Echoing the brand promise of Hero MotoCorp and Harley Davidson of enabling #FreedomonWheels, Dr. Pawan Munjal, Chairman, Hero MotoCorp, presented a purpose-built Harley-Davidson Road King to a specially-abled employee, Chitra Zutshi. The handover ceremony was organized at Hero's Global Centre for Innovation and Technology (CIT) in Jaipur, where Chitra piloted the motorcycle herself at the testing track under the supervision of an expert.

Hero MotoSports Team Rally, the Company's motorsport division concluded an impressive run at the Sonora Rally 2023. Ross Branch and Sebastian Buhler who represented Team Hero MotoSports at their first outing in North America, crossed the finish line of the rally securing the 7th and 10th overall positions respectively.

In April, VIDA - Powered by Hero - the Company's emerging mobility brand - became the official electric-mobility partner of Lucknow Super Giants (LSG) for the ongoing season of the Indian Premier League (IPL).

Shares of Hero MotoCorp Limited was last trading in BSE at Rs. 2555.25 as compared to the previous close of Rs. 2509.45. The total number of shares traded during the day was 22155 in over 3245 trades.

The stock hit an intraday high of Rs. 2566.00 and intraday low of 2500.05. The net turnover during the day was Rs. 56348927.00.

Source : Equity Bulls


HeroMotoCorp INE158A01026 SalesVolume Motorcycles Scooters April2023