New Delhi, Mar 2 (PTI) Shares of Hero MotoCorp rose over three per cent in morning trade on Tuesday after the two-wheeler maker reported rise in total sales during February.

On BSE, the scrip jumped 3.41 per cent to Rs 3,464.20.

Likewise, on NSE, the shares gained 3.41 per cent to Rs 3,464.55.

On Monday, the company reported a 1.45 per cent increase in total sales at 5,05,467 units in February.

The company had sold 4,98,242 units in the same month of the previous year, Hero MotoCorp said in a statement.

Total motorcycle sales stood at 4,63,723 units last month as against 4,79,310 units in February 2020, down 3.25 per cent.

Total scooter sales, however, increased over two fold to 41,744 units as compared with 18,932 units in the year-ago month, it added in a statement.

In the domestic market, sales rose marginally to 4,84,433 units last month as compared with 4,80,196 units in the same period a year ago.

Exports last month stood at 21,034 units as compared with 18,046 units in the year-ago period.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)