Stock Report

Hero MotoCorp to increase prices of its two-wheeler range from April 2021



Posted On : 2021-03-25 12:53:07( TIMEZONE : IST )

Hero MotoCorp to increase prices of its two-wheeler range from April 2021

Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from April 1, 2021. The price hike has been necessitated to partially offset the impact of increased commodity costs. The company has accelerated its cost savings program to ensure minimal impact on the customer.

The price increase across the range of two-wheelers will be up to Rs. 2500, and the exact quantum of the increase will vary on the basis of the model and the specific market.

Shares of HERO MOTOCORP LTD. was last trading in BSE at Rs.3034.8 as compared to the previous close of Rs. 3067.15. The total number of shares traded during the day was 21031 in over 1950 trades.

The stock hit an intraday high of Rs. 3086.25 and intraday low of 3022.35. The net turnover during the day was Rs. 64350590.

Source : Equity Bulls

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