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Shares of Hyundai Motor India Ltd. climbed as much as 3%; Key points for investors
Hyundai
Hyundai Motor Share Price: Shares of Hyundai Motor India Ltd. climbed as much as 3% to Rs 2,222 in morning trade on August 12, extending gains for a second straight session after Goldman Sachs initiated coverage with a buy rating, citing multiple growth drivers.
The global brokerage set a target price of Rs 2,600 per share, implying a 21% upside from the last NSE close, and said the automaker is well-positioned to outpace peers, particularly in FY27–FY28. Growth is expected to be fuelled by successful EV launches, market share gains in emerging economies, and upcoming product introductions, which could lift market share by 120 basis points between FY25 and FY28.
Goldman Sachs projects Hyundai’s volumes to grow at a CAGR of over 8% over the next three years, compared with the domestic auto industry’s 5.3%. While near-term startup costs are anticipated, the firm believes these will be offset by an improved SUV/export mix, with the company also set to benefit from a potential domestic market upcycle in FY27.
For Q1 FY26, Hyundai Motor India posted an 8.08% year-on-year decline in consolidated net profit to Rs 1,369.23 crore, from Rs 1,489.65 crore a year earlier, weighed down by weak domestic sales. Revenue from operations fell 5.37% to Rs 16,412.87 crore from Rs 17,344.23 crore, while EBITDA dropped 6.63% to Rs 2,185.2 crore. Operating margin narrowed by 20 bps to 13.3%.
Domestic volumes contracted 11.5% to 1,32,259 units, but a 13% rise in exports to 48,140 units partly cushioned the overall decline. Total volumes fell 6.1% to 1,80,399 units. The Creta remained the top-selling SUV in Q1 with 47,662 units, followed by the Venue (22,331 units) and the Exter (17,188 units).
Hyundai’s current portfolio includes 12 ICE models — such as the Grand i10 Nios, Verna, Creta, and Alcazar — and two EVs, the Creta Electric and Ioniq 5.
At 9:40 am, the stock was trading at Rs 2,196, up 2.1% from the previous close. Hyundai Motor India shares have gained nearly 20% so far in 2025.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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