Please find enclosed herewith a copy of the Press Release being issued by the Company.
HEROMOTOCO · price
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Awaiting price reaction for this filing.
Hero MotoCorp has launched the all-new Destini 110, a family-oriented 110cc scooter targeted at daily commuters, first-time buyers, and young riders. The scooter claims segment-best mileage of 56.2 kmpl, powered by Hero's i3s (Idle Stop-Start System) technology and a one-way clutch. Key features include a 785 mm seat (longest in segment) with integrated backrest, projector LED headlamp, 190 mm front disc brake, metal body panels, and a neo-retro design. It is available in two variants - VX (Cast Drum) at INR 72,000 and ZX (Cast Disc) at INR 79,000 (ex-showroom, Delhi) - in five colour options. Sales will commence in a phased manner across Hero dealerships nationwide.
The affordable pricing and feature-loaded offering target India's largest 110cc scooter sub-segment, which could help Hero MotoCorp grow volumes and strengthen its foothold against competitors. Positive for the stock as it expands the company's product portfolio in a high-demand category, though actual sales traction will depend on market response.