Hero MotoCorp Sales Rise 3 Per Cent in November

New Delhi: Hero MotoCorp, the country's largest two-wheeler maker, on Monday reported a 3 per cent increase in sales at 5,47,413 units last month.

The company had sold 5,30,530 two-wheeler units in November 2013.

The company plans to expand its distribution network to over 150 outlets in a year's time, it said in statement.

Hero MotoCorp clocked sales of over five lakh units of two-wheelers in the month of November, riding on strong demand for its exciting range of products, the statement added.

"In November 2014, Hero MotoCorp also launched its operations in Colombia. The company introduced six of its best-selling motorcycles through a network of 120 outlets," the company said.

Hero MotoCorp also rolled out the new sportier version of its 150 cc motorcycle Xtreme in November this year.

In October 2014, Hero MotoCorp's state of the art IGBC-certified platinum-class manufacturing plant - Garden Factory -went on-stream at Neemrana in Rajasthan.

Shares in Hero MotoCorp, on Monday, ended at Rs 3258.25 apiece on the BSE, up 3.69 per cent from the previous close.