Hero MotoCorp (HMCL), the leading two-wheeler manufacturer in India, Hero MotoCorp (HMCL), sold 484,769 units of two-wheelers in the month of February 2015. The company had 504,181 units in the corresponding month last year, representing a fall of 3.85%.
Hero Motocorp is set to launch a slew of new models in the coming months, including a range of scooters.
Shares of the company declined Rs 57.9, or 2.16%, to settle at Rs 2,624.75. The total volume of shares traded was 45,016 at the BSE (Monday).