Hero MotoCorp Vrooms On Strong Two-Wheeler Sales In May


Hero MotoCorp Limited’s sales spiked by 8.7% in the month of May.

The company sold 633,884 units of two-wheeler in May 2017, as compared to 583,117 units despatched in the corresponding month last year.

With monsoon already hitting some parts of the country and forecast of normal rains this year, the industry is expecting a boost in demand and consumption in the rural markets.

The stock on the NSE soared on the bourses and it is holding on to the position of the top Nifty gainer since morning. The stock was up by Rs 70 per share or 2% at Rs 3804 per share on the NSE at 0935 hours.

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