"Barring RNT, which is a concept, all four models, including the hybrid scooter would be launched during the next fiscal," Hero Motocorp Managing Director and CEO Pawan Munjal told reporters.
Also read: Hero MotoCorp to show over 12 new at Auto Expo
Besides the hybrid scooter, a 250cc sport bike, 110cc scooter and 150cc bike are the new models. RNT, Leap (hybrid scooter) and 250 cc bike HXR250R are completely new products, while Dash (110cc scooter) and Xtreme Sports (150cc bike) models are based on existing platforms, Munjal added.
"We plan to launch 150cc Xtreme Sports bike in the first quarter, 110cc scooter Dash in the second quarter and Leap and 250cc sports bike in the second half of the next fiscal," he said.
When asked about the time-frame for the launch of the RNT motorcycle, which sports a 150-cc diesel engine, Munjal said: "It's a concept and we will have to do much research before we bring it to the commercial arena."
Terming the product unique, Munjal said the company "will take time" and has not put a date for the launch of the vehicle. "As we go ahead, we would like to add accessories, variants to the model...it will have usage in various countries besides India due to the kind of features it has," he said.
RNT sports great fuel efficiency and would come with various features including two-wheel drive, he added. Speaking on the hybrid Leap-- with both petrol as well electric engine-- Munjal said the company would first launch the vehicle in western markets and then bring it to India.
"The hybrid scooter will have a range of around 340 kms on one single charge and a tank full...the scooter's range is better than any electric vehicle," Munjal said.
Hero MotoCorp Senior Vice President (Marketing and Sales) Anil Dua said the company has already completed the launch of 11 models of the 15 models it had showcased in October 2013.
"We have already launched 11 models during the last quarter and the remaining four would be launched in the current (Jan-March) quarter," Dua said.
All the recently launched models, especially Splendor i-Smart, have been well received by customers, he added.
Hero Motocorp stock price
On January 29, 2014, Hero Motocorp closed at Rs 2070.85, up Rs 57.40, or 2.85 percent. The 52-week high of the share was Rs 2214.70 and the 52-week low was Rs 1434.05.
The company's trailing 12-month (TTM) EPS was at Rs 104.77 per share as per the quarter ended September 2013. The stock's price-to-earnings (P/E) ratio was 19.77. The latest book value of the company is Rs 250.70 per share. At current value, the price-to-book value of the company is 8.26.
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