InvestorQ : Why is Hero Moto again planning to raise prices?
Niti Shenoi made post

Why is Hero Moto again planning to raise prices?

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2 months ago
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Hero Motocorp plans to hike the retail prices of its motorcycles and scooters effective from the 01st of July. The average price is likely to be around Rs3,000, but could vary from model to model. Hero Moto has been badly hit by the spike in cost of key inputs like steel, aluminium, plastics etc. The price hike will compensate the input costs partially. Hero Moto offers a range of motorcycle models in the price range of Rs51,450 to Rs1.32 lakhs.

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