Stock stuck in a range bound zone technical indicates as long as its moving in between its range trend will be mix with no clear direction, stock also finding strong 100 days moving average resistance at current levels. Click here to see technical chart of hero motocorp with auto buy and sell signal.
Stock was on news - Hero motocorp claim Splendor Smart gives max. average globally Hero Motocorp is the India`s second largest two - wheeler marking is working to extend it fuel mileage.
"As per the latest (March, 2015) Fuel Efficiency (FE) values, Splendor iSmart returned a mileage of 102.50 kilometer per litre," a Hero MotoCorp spokesperson said, he also said that it has been certified by iCAT.
Hero new technology i3S automatically shuts down the engine if idling and it can be turned on with a simple press of the clutch, since last year company has sold more that 1 lakh units hence made Slpender largest selling motorcycle in the world, sold approx 2 million units every year.
Ex showroom price around Rs.50000/- delhi. As per financial year 2013-2014 hero motocorp sold 62,45,960 units and in financial year 2014-2105 the numbers are up by 6% sold 66,31,826 units.
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