Hero MotoCorp (HMCL), a leading two-wheeler manufacturer, reported on Wednesday a marginal growth in two-wheeler sales in June 2015. HMCL sold 5,42,362 two-wheelers in June, up 0.14% from 5,41594 units in the same month last year.
"As the industry had built up stocks due to the sluggish market, HMCL reduced inventories in Q1. The company's retails are currently better than dispatches," the company said.
Shares of the company gained Rs 35.2, or 1.4%, to trade at Rs 2,554.00. The total volume of shares traded was 7,366 at the BSE (10.01 a.m., Thursday).