Hero MotoCorp shares gain nearly 3% on robust sales data
Fri, Feb 2, 2024 12:47 PM

Hero MotoCorp shares gain nearly 3% on robust sales data

A Flip by Avya Verma
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Hero MotoCorp stock rose 3% to Rs 4,715.80 on February 2 as the company reported a 21.6% increase in January 2024 sales. Domestic sales were up 18%, while exports surged 74.6%. Despite touching a 52-week high of Rs 4,718.15, the stock ended lower after government reduced budget allocation for FAME schemes. Sharekhan and Prabhudas Lilladher have maintained positive ratings.

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