Hyundai Motor India Reports 7.4% Rise in Q2 Retail Sales in India
Hyundai Motor India reported a 7.4% rise in retail sales in India during the second quarter, reflecting strong consumer demand at the dealership level. The growth underscores the company's continued market traction in the Indian passenger vehicle segment. Retail sales, a direct measure of consumer purchases, serve as a key indicator of on-ground demand. The result highlights Hyundai Motor India's sustained relevance in one of the world's major automobile markets.
JPMorgan Maintains Overweight Rating on Hyundai Motor India with Target Price of ₹2135
JPMorgan has maintained its Overweight rating on Hyundai Motor India with a target price of ₹2135. The brokerage cites strong near-term domestic demand and multiple export growth drivers as key positives. Hyundai Motor India's ambitions to match or exceed the industry EV mix and its available margin protection levers further underpin the constructive rating.
Hyundai Motor India Reports 11.5% Growth in Q1 India Retail Sales
Hyundai Motor India reported 11.5% growth in Q1 India retail sales, demonstrating strong performance in the domestic automotive market. The growth reflects positive consumer demand and the company's effective market presence during the first quarter. This retail sales performance highlights Hyundai Motor India's ability to maintain competitive positioning and deliver consistent growth in the Indian automotive sector.
Morgan Stanley Maintains Overweight Rating on Hyundai Motor India, Cuts Target Price to ₹2,114
Morgan Stanley has maintained its Overweight rating on Hyundai Motor India Limited while cutting the target price to ₹2,114 from ₹2,565. The revision reflects near-term challenges including cost inflation, supply-chain risks, and regulatory tightening in 1QFY27. However, the firm remains positive on medium-term prospects, citing strong volume growth and cost pass-through capabilities, along with an attractive auto industry outlook.
CLSA Cuts Hyundai Motor India Target to Rs 2652 Despite Maintaining Outperform Rating
CLSA has revised its target price for Hyundai Motor India to Rs 2652 from Rs 2853 while maintaining an Outperform rating. The brokerage cut FY27/28 EPS estimates by 5-8%, reflecting near-term earnings moderation that's part of broader OEM cuts ranging from 3-13% across the automotive sector.
Hyundai Motor India has firmly rejected recent speculation about a potential stake sale through an Offer for Sale (OFS) or block deals. A company spokesperson stated that there is no decision or plan under consideration for any stake sale, describing the rumors as 'groundless'. The company emphasized its commitment to transparency and advised stakeholders to rely on official communications for any significant changes.
19May 25
Hyundai Motor India: Analysts Project Up to 24.5% Upside Post Strong Q4 Results
Hyundai Motor India has received positive ratings from Nomura, CLSA, and JPMorgan after its robust Q4 performance. The company exceeded expectations with a 14.10% EBITDA margin. Analysts project up to 24.50% upside potential for the stock, citing a strong new model cycle, increased focus on exports, and improved average selling prices as key growth drivers.