Hero MotoCorp receives 13,688 bookings for Karizma XMR

Hero MotoCorp stocks rally during Thursday morning trading as the world's largest manufacturer of motorcycles and scooters has received 13,688 bookings for its newly launched flagship motorcycle, Karizma XMR.

Hero Karizma XMR was launched at an introductory price of Rs 1,72,900/- and the bookings for the initial set of customers commenced on August 29, 2023 and were closed on September 30, 2023.

The new Karizma XMR will now be available at Rs. 1,79,900/- (ex-showroom Delhi) and the company will announce the new booking window soon.

Notably, Dispatches of Karizma XMR to Hero MotoCorp dealerships have already started and customer deliveries will begin in the festive period this month.

“It is the most powerful motorcycle in its class, producing the highest torque. The motorcycle is powered by 210cc Liquid Cooled DOHC Engine, 6-speed transmission that comes with Slip and Assist Clutch and Dual Channel ABS”, the company mentioned in an exchange filing.