The recent advertising campaign on Splendor iSmart has helped generate more awareness about our new i3S technology, leading us to further expand our capacity of the model.
Country's largest two-wheeler maker Hero MotoCorp today reported a 8 per cent increase in its total sales at 6,02,481 units in May 2014.
It had sold 5,57,890 units in the same month last year, Hero MotoCorp said in a statement. "The year has started well with record-breaking sales in both April and May. The demand momentum is thanks to theregular summer surge as also to the recent new launches from Hero.
We have also undertaken several brand-building initiatives that have helped us achieve these record numbers," Hero MotoCorp Senior Vice President (Marketing and Sales) Anil Dua said.
The recent advertising campaign on Splendor iSmart has helped generate more awareness about our new i3S technology, leading us to further expand our capacity of the model. Going forward, with positive sentiment building up around the political and economic environment, we hope to sustain the current momentum, he added.
In May 2014, Hero MotoCorp crossed the landmark six lakh sales figure for the second time, representing second-highest monthly sales ever.
The all-time high monthly sales of the company was recorded in the festival month of October last year when it sold 625,420 units of two-wheelers.
Hero Motocorp stock price
On June 02, 2014, at 09:19 hrs Hero Motocorp was quoting at Rs 2361.45, up Rs 17.70, or 0.76 percent. The 52-week high of the share was Rs 2775.05 and the 52-week low was Rs 1565.95.
The company's trailing 12-month (TTM) EPS was at Rs 105.62 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 22.36. The latest book value of the company is Rs 356.32 per share. At current value, the price-to-book value of the company is 6.63.
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