Shares in Hero MotoCorp fall 1.5 percent on worries the two-wheeler maker will have to cut production after posting a 11.9 percent fall in sales in August.
Sales of motorcycles in India fell 8.5 percent last month from a year ago, according to the report on Monday from Society of Indian Automobile Manufacturers.
[caption id=“attachment_451463” align=“alignleft” width=“380”]  Scrrengrab from site[/caption]
Hero MotoCorp has reduced production due to the slowdown in demand, its managing director said last week, although he did not provide figures.
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Reuters
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