Hero MotoCorp Shares Rise More Than 3% After March Sales Numbers

Shares of Hero MotoCorp on Monday gained over 3 per cent in late morning trade after the firm reported a rise in total sales for March.

The stock of two-wheeler maker jumped 3.30 per cent to Rs 2,424.50 in late morning trade on the BSE.

The company's scrip witnessed a similar movement on the NSE, where it rose 3.21 per cent to Rs 2,422.75.

Meanwhile, the 30-share BSE Sensex was trading 87.86 points or 0.10 per cent lower at 58,934.83 in late morning session.

In a regulatory filing on Saturday, Hero MotoCorp said its total sales rose 15 per cent to 5,19,342 units in March 2023 as compared to 4,50,154 units in the same month last year.

Domestic sales last month were at 5,02,730 units as against 4,15,764 units in March 2022, the company said.