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HERO MOTOCORP: If you are planning to buy a Hero MotoCorp motorcycle or scooter, this week could be the best time to do so. The company has announced an increase in the ex-showroom prices of select models, which will be effective from July 1, 2024. The company has announced a price increase on select models to compensate for the higher input costs, effective from July 1, 2024, by up to Rs 1,500 per model.
Hero MotoCorp has announced to increase the prices of bikes and two-wheelers. The new prices will be applicable from July 1, 2024. The company’s shares have risen after the news. The stock opened at Rs 5,390 as against Rs 5,452 on Monday. After the news the share reached a price of Rs 5,480.
Apart from this, the company is preparing to launch the updated version of its popular scooter, Destiny 125 in the coming months.
Let us tell you that Hero MotoCorp sells 10 commuter bikes, 4 sports bikes, 2 adventure tourer bikes, one sports naked, one cruiser and one off-road motorcycle as well as 4 scooters in the Indian market.
