Hero MotoCorp, the world's largest two-wheeler manufacturer, has made an upward revision in the ex-showroom prices of its motorcycles and scooters, with immediate effect.
The upward revision in the prices has been done to partially off-set the consistently rising input costs, including the prices of commodities. The increase in the prices of the two-wheelers is up to Rs 625.
The exact quantum of the increase will vary, basis the model and the specific market.
Shares of the company gained Rs 5.5, or 0.15%, to trade at Rs 3,723.25. The total volume of shares traded was 1,735 at the BSE (10.04 a.m., Wednesday).