Hero MotoCorp shares fell on Thursday post the company reported sales numbers for the month of June 204. Riding on sustained robust sales in the first quarter of (April-June) fiscal 2014-15, Hero MotoCorp (HMCL), the world's largest two-wheeler manufacturer, today reported 10% growth over the corresponding quarter of the previous fiscal (FY'14).
Hero MotoCorp sold 17,15,129 units of two-wheelers in Q1 of this fiscal compared to 15,59,282 units sold in the corresponding quarter of the previous fiscal, thereby clocking a 10% growth.
Shares of the company are trading at Rs 2,626, down Rs 48.20, or 1.80% at the Bombay Stock Exchange (BSE) on Thursday at 9:26 a.m.
The scrip has touched an intra-day high of Rs 2,650 and low of Rs 2,620. The total volume of shares traded at the BSE is 953.