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Hero MotoCorp share price hits 52-week low on weak sales numbers

In the domestic market, the company sold 3,28,862 units in November 2021 versus 5,75,957 units a year ago.

December 02, 2021 / 12:03 PM IST
 
 
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Hero MotoCorp share price touched a 52-week low of Rs 2,409, falling 1.5 percent intraday on December 2, after the company posted weak sales numbers for November.

Hero MotoCorp sold 3,49,393 units in November 2021 as against 5,91,091 units a year ago, registering a de-growth of 40.89 percent.

The company has sold 3,29,185 units of motorcycles in November 2021 against 5,41,437 units and sold 20,208 units of scooters in November 2021 as against 49,654 units YoY.

In the domestic market, the company sold 3,28,862 vehicles – down from 5,75,957 units – during the period.