Hero MotoCorp hits 52-week high on strong February sales

Shares of Hero MotoCorp (HMCL) has moved higher to its 52-week high of Rs 2,834, up 6% on the National Stock Exchange (NSE) after the company clocked a double digit growth in two-wheeler sales in the month of February 2016.  Sensex Astrology 

Bucking the sluggish industry trend, HMCL sold 550,992 units of two-wheeler in February 2016, as compared to 484,769 units in the corresponding month last year, reflecting a robust double digit growth of 13.6%. Himanshu Tiwari Astrologer Blog

"These numbers have been possible in spite of the production at Hero’s manufacturing facilities at Gurgaon and Dharuhera in Haryana and at Neemrana in Rajasthan being impacted for a few days, due to the local agitations in the region during the month,” the world’s largest two-wheeler manufacturer, said in a statement.  Commodity Market Astrology Tips

In February, the new scooter Duet – developed by Hero’s in-house R&D team - was also rolled out in East Zone. It had earlier been launched across markets in the West and South Zones and has received a positive response from customers.  Personal Numerology

The other scooter to have been developed in-house – Maestro Edge - has also consolidated market share and - together with Duet - contributed towards increased market share for Hero in the scooter segment, it added.  Share Market Astrology  
At 09:45 AM, the stock was trading at Rs 2,823 on the NSE as compared to 1.3% gain in the S&P BSE Sensex. A combined 286,978 shares changed hands on the counter on the NSE and BSE