Hero MotoCorp announced on Monday that it will increase prices of select motorcycle and scooter models by up to Rs 1,500, effective July 1, 2024, to partially offset higher input costs. The exact price hike will vary by model and market. The company’s bike lineup includes popular models like the Splendor range, HF Deluxe, and Glamour, while its scooter offerings include the Xoom and Destini 125 XTEC. Shares of Hero MotoCorp were trading up 0.46% at Rs 5,477.20 on the BSE.
