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Hero MotoCorp reports 26% growth in sales in November

02 Dec 2017 Evaluate

Hero MotoCorp has registered six lakh-plus sales for the seventh consecutive month this fiscal (FY’18). The company clocked sales of 605,270 units in the month of November 2017, registering a growth of 26% over the corresponding month last year (November 2016) when the company had sold 479,856 units.

This sales growth has been driven by Hero MotoCorp’s iconic brands - the Splendor, Passion, HF Deluxe, Glamour motorcycles and its range of scooters - Maestro Edge, Duet and Pleasure. The company sold 525,224 units of motorcycles and 80,046 units of scooters in November.

The impressive November sales comes close on the heels of a record-breaking festive season, which saw Hero MotoCorp clock its highest highest-ever Q2 and half-yearly sales.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.


 

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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