Hero Motocorp advanced 0.58% to Rs 2397 after it informed about upward price revision of its products by around Rs 2000.
The company, in an exchange filing made post market hours yesterday, said it will make an upward revision in the ex-showroom prices of its motorcycles and scooters, effective 1 January 2020.
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The price increase across its range of two-wheelers will be upto Rs. 2000, although the exact quantum of the increase will vary on the basis of the model and the specific market.
Hero MotoCorp is a motorcycle and scooter manufacturer. The company is the largest two-wheeler manufacturer in the world, and also in India, where it has a market share of about 46% in the two-wheeler category.
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