Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
22 October, 2018 17:11 IST
Hero MotoCorp to increase prices of motorcycle models from Jan'18
Source: IRIS | 22 Dec, 2017, 03.32PM
Comments  |  Post Comment

Hero MotoCorp, the world's largest two-wheeler manufacturer, will be increasing the ex-showroom prices of its motorcycles, starting January 1, 2018, to partially off-set the rising input costs.

The price hike translates to about Rs 400 per model. The exact quantum of the increase will vary, basis the model and the specific market. 

The stock had outperformed the market over the past one month till Dec. 21, 2017, rising 2.24% compared with the Sensex's 0.83% rise. It underperformed the market in past one quarter, declining 3.05% as against 4.28% rise in the Sensex.

Shares of the company declined Rs 19.45, or 0.51%, to trade at Rs 3,789.55. The total volume of shares traded was 14,403 at the BSE (3.21 p.m., Friday).



Hero Motocorp Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Biocon, Mylan announce positive CHMP Opinion for Ogivri - 22-Oct-2018 10:28
Lupin announces positive CHMP opinion for NaMuscla - 22-Oct-2018 09:51
Tejas Networks bags Rs 1.11 bn order from Sterlite Technologies - 22-Oct-2018 09:45
Alembic Pharma' JV completes USFDA inspection of Karakhadi unit - 22-Oct-2018 09:41
Lupin's Pithampur unit-3 inspected by USFDA - 19-Oct-2018 16:01
Surya Roshni bags order worth Rs 503.4 mn - 19-Oct-2018 11:22
Glenmark Pharma to present data on investigational treatment for Atopic Dermatitis - 19-Oct-2018 09:55
Zydus Cadila receives tentative approval for Colchicine tablets - 18-Oct-2018 16:21
Ramco Systems partners with Airbus Helicopters SAS - 18-Oct-2018 10:26
ABB secures order worth Rs 1.15 bn from Indian Railways - 18-Oct-2018 10:20
Zydus Cadila gets nod for Clobetasol propionate cream - 17-Oct-2018 15:19
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer