Hero MotoCorp Ltd sells 394460 units in February 2023

Hero MotoCorp Ltd., the world's largest manufacturer of motorcycles and scooters, sold 394,460 units in February 2023.

This translates into a double-digit growth of 10% over the corresponding month of the previous year (February 2022), when the company had sold 358,254 units.

The volumes in the month of February indicate the continuously improving consumer sentiment and the company expects the positive trend to continue in the coming months, on the back of favorable economic indicators.

In the month of February, Hero MotoCorp launched a new campaign 'Where Next?' for its recently introduced powerful & stylish touring motorcycle - XPulse 200T 4V. The new commercial features the company's highly celebrated brand ambassadors and youth icons, Anushka Sharma and Virat Kohli. Known for creating societal impact through compelling narratives, Hero MotoCorp in its new campaign puts the female artist in the primary rider spot, thus representing women in an inspiring character.

VIDA, Powered by Hero, has initiated operations of its public charging infrastructure in Bengaluru, Delhi and Jaipur. The brand has set up nearly 300 charging points at 50 locations across the three cities for public use. The charging network is spread across key locations, ensuring customer convenience. VIDA's fast charging network allows users to charge their scooter's battery at 1.2 kms/min. Each charging station will have DC and AC charging sockets.

Shares of Hero MotoCorp Limited was last trading in BSE at Rs. 2432.75 as compared to the previous close of Rs. 2420.00. The total number of shares traded during the day was 7691 in over 1685 trades.

The stock hit an intraday high of Rs. 2443.65 and intraday low of 2402.05. The net turnover during the day was Rs. 18666710.00.

Source : Equity Bulls

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HeroMotoCorp INE158A01026 SalesVolume February2023