The company has reported 5 percent drop in total sales for May at 569,876 units as against 602,481 units in the corresponding month last year.
Hero MotoCorp is trading on a feeble note in early morning deals on the BSE, on the back of poor sales data.
According to a release issued by the company to the BSE, Hero MotoCorp yesterday reported 5 percent drop in total sales for May at 569,876 units as against 602,481 units in the corresponding month last year.
The stock tumbled to a low of Rs. 2,636, and is now down 2.3 percent at Rs. 2,647.
The counter has seen trades of around 8,576 shares as against the two-week daily average volume of 23,000 shares.
Meanwhile, the BSE Sensex has dropped 169 points at 27,680.
According to a release issued by the company to the BSE, Hero MotoCorp yesterday reported 5 percent drop in total sales for May at 569,876 units as against 602,481 units in the corresponding month last year.
The stock tumbled to a low of Rs. 2,636, and is now down 2.3 percent at Rs. 2,647.
The counter has seen trades of around 8,576 shares as against the two-week daily average volume of 23,000 shares.
Meanwhile, the BSE Sensex has dropped 169 points at 27,680.
No comments:
Post a Comment