MoneyWorks4Me

Hero MotoCorp to start construction of new plant in Gujarat

15 Sep 2014 Evaluate

Hero MotoCorp is planning to start construction of its new plant in Gujarat soon and will start production from third quarter next year. The company has earlier announced to spend Rs 1,200 crore for this plant.

Meanwhile, the company is also planning to launch 12 new refreshes of products for the festive season this year. The models include refresh versions of its existing scooters and motorcycles in the 100cc, 125cc and 150cc segments.

Further, the company expects to sell better during the festive season this year from last year. It sold more than six-lakh units last year during the 40 days of festive season.

Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.

Hero MotoCorp Share Price

5711.00 -26.00 (-0.45%)
19-Aug-2026 11:43 View Price Chart
Peers
Company Name CMP
Bajaj Auto 11660.00
TVS Motor Company 4355.45
Hero MotoCorp 5711.00
Eicher Motors 8022.65
Ather Energy 1451.70
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: