Hero MotoCorp to increase prices of motorcycles and scooters from July 1, 2021

Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2021.

The price hike has been necessitated to partially offset the impact of continuous increase in commodity prices. The company continues to drive cost savings program aggressively, in order to minimize the impact on the customer.

The price hike across the range of motorcycles and scooters will be up to Rs. 3,000 and the exact quantum of the increase will depend on the basis of the model and the specific market.

Shares of HERO MOTOCORP LTD. was last trading in BSE at Rs.2901 as compared to the previous close of Rs. 2895.35. The total number of shares traded during the day was 24388 in over 3472 trades.

The stock hit an intraday high of Rs. 2941.5 and intraday low of 2898. The net turnover during the day was Rs. 71269902.

Source : Equity Bulls

Keywords