Hero MotoCorp share price rose more than a percent in early trade on June 24 after the company said it is going to hike prices of motorcycles and scooters.
The revision, which will be up to Rs 3,000, is to partially offset the steadily growing input cost inflation.
Earlier this month, the company deferred the July launch of its first electric two-wheeler as geopolitical tensions have led to supply constraints.
At 09:20 hrs Hero MotoCorp was quoting at Rs 2,710.15, up Rs 39.30 or 1.47 percent, on the BSE.
The share touched a 52 week high of Rs 2,994.55 and a 52 week low of Rs 2,148.00 on 23 June 2021 and 8 March 2022 respectively.Currently, it is trading 9.5 percent below its 52 week high and 26.17 percent above its 52 week low.