Hero MotoCorp to increase prices of its Motorcycles and Scooters

Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from September 20, 2021.

The price hike has been necessitated to offset the impact of steadily increasing commodity prices.

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

With several positive indicators, the Company remains optimistic about demand as it gears up for the upcoming festive season.

Shares of Hero MotoCorp Limited was last trading in BSE at Rs. 2920.8 as compared to the previous close of Rs. 2874.65. The total number of shares traded during the day was 32536 in over 3317 trades.

The stock hit an intraday high of Rs. 2927 and intraday low of 2883.55. The net turnover during the day was Rs. 94577224.

Source : Equity Bulls

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