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Hero MotoCorp reports sales of 5,35,810 units in July

02 Aug 2019 Evaluate

Hero MotoCorp has reported sales of 5,35,810 units of motorcycles and scooters in the month of July 2019. The sluggish market environment prevalent in the first quarter has continued in the beginning of the second quarter as well and its impact is visible in the dispatch volumes.

The outlook for the rest of the year will be dependent on multiple factors, including the progress of monsoon and festive season offtake, as well as improvement in the liquidity situation.

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 10300.00
TVS Motor Company 4071.00
Hero MotoCorp 5203.65
Eicher Motors 7342.35
OLA Electric Mobilit 34.39
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