Hero MotoCorp banks on bold intent, but ride rough
The automaker’s shares rose by almost 3% on Monday on NSE.
Investors have welcomed Hero MotoCorp Ltd’s decision to raise ex-showroom prices of its motorcycles and scooters from 1 December. The automaker’s shares rose by almost 3% on Monday on NSE. The price hike will range up to ₹1,500 per model and the quantum of increase will vary depending on the models and markets.
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