DSIJ Mindshare

On the sales front, Hero MotoCorp sold more than 5.19 lakh units of motorcycles and scooters in May 2023.

The company reported excellent numbers in its both half-yearly results and annual results. The net sales increased by 50.69 per cent and net profit increased by 57.57 per cent in H2FY23 over H2FY22. The net sales increased by 40.99 per cent and the net profit increased by 40.24 per cent in FY23 over FY22.

The company has delivered impressive returns of 303 per cent for the past 1 year and excellent returns of 429 per cent for the past 3 years.  

On Thursday, at 03:30 pm, indices were trading in red with the BSE Sensex Index down 0.47 per cent at 62,849 and the NSE Nifty-50 Index down 0.49 per cent at 18,635. 

On June 8, it is expected that the market will open slightly higher, as indicated by the SGX Nifty, with a positive start for the broader index. The SGX Nifty showed a gain of 12 points, opening the session at 18,825 points. In early trade on June 8, SGX futures reached a high of 18,851.