Breaking News

You are here » Indian-Commodity  :  Top News  :  Hero MotoCorp reports 26% growth in sales in November

02-Dec2017

Hero MotoCorp reports 26% growth in sales in November

Hero MotoCorp has registered six lakh-plus sales for the seventh consecutive month this fiscal (FY'18). The company clocked sales of 605,270 units in the month of November 2017, registering a growth of 26% over the corresponding month last year (November 2016) when the company had sold 479,856 units.

This sales growth has been driven by Hero MotoCorp's iconic brands - the Splendor, Passion, HF Deluxe, Glamour motorcycles and its range of scooters - Maestro Edge, Duet and Pleasure. The company sold 525,224 units of motorcycles and 80,046 units of scooters in November.

The impressive November sales comes close on the heels of a record-breaking festive season, which saw Hero MotoCorp clock its highest highest-ever Q2 and half-yearly sales.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.


 


Related News

View all news

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......

Gold futures trade flat on Monday

Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......