The country's largest two-wheeler maker Hero MotoCorp Saturday reported a marginal increase in its sales to 6,10,252 units in November.
The company had sold 6,05,270 units in November 2017, Hero MotoCorp said in a statement.
"The industry witnessed conservative sales off-take during the previous couple of months owing to issues like increase in insurance costs before the festive season and overall low key market sentiment. However, sales picked up in the last few days of the festive season," the company said.
During the month, the company commenced nationwide retail sales of its new 125cc scooter, Destini 125, first and only scooter to feature an idle start-stop system.
Hero MotoCorp also renewed its association with golfing icon Tiger Woods this week, ahead of the annual Hero World Challenge in the Bahamas. The company signed Tiger as its Global Corporate Partner in 2014.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
MOFSL suggests buying this multibagger PSU stock which has given almost 5x returns in a year; check out target
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
09:00 PM IST