Hero MotoCorp to hike motorcycle, scooter prices by up to Rs3000 from July 1

Hero MotoCorp has announced that it will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2022.

As per the regulatory filing, the price revision will be up to Rs3000. The exact quantum of increase will be subject to the specific model and market.

Further, the price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices.

On Friday early morning trade, Hero MotoCorp was trading at Rs2706 per share higher by 1.32% on the BSE.