IANS
Hero MotoCorp started three of its plants on May 4 and remaining facilities also re-started by the end of May. The company opened up nearly 5,000 customer touchpoints, which contributes 85% of volume.
It sold around 160,000 units in May, about 30% of its average monthly wholesales in the last financial year. Semi-urban and rural markets mainly drove the demand for two-wheelers.
Share price change in the last one month: 13.81%
Pawan Munjal, Chairman and CEO, Hero MotoCorp said “we have successfully navigated through unprecedented times with business continuity. As we now rapidly scale-up operations post the lockdown, it will be critical that the industry receives support from all quarters.”