OTHER GROUP COMPANIES
market

Hero MotoCorp hikes prices of two-wheelers by up to Rs1000

The price revision has been necessitated to partially offset the impact of cost inflation, the company said.

September 23, 2022 9:16 IST | India Infoline News Service
Hero MotoCorp has informed to the exchanges that it has made an upward revision in the ex-showroom prices of its motorcycles and scooters, with immediate effect i.e. September 22, 2022.

Accordingly, the price revision has been necessitated to partially offset the impact of cost inflation, the company said in a filing on Thursday.

The price revision will be up to Rs1,000 and the exact quantum of increase will vary by model and market, it further added.

On Friday early morning trade, Hero MotoCorp Ltd is currently trading at Rs2,809.55 per share up by Rs33.85 or 1.22% from its previous closing of Rs2,775.70 per share on the BSE.

For feedback and suggestions, write to us at editorial@iifl.com

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account
  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity