Today’s Gain has pushed the stock’s cumulative Gain to 12.4% over Four Sessions, Bringing Hyundai’s Market Capitalization Closer to 2 Lakh Crore. Based on the day’s high, the company’s market cap study at 1.75 Lakh Crore.
The stock, which debuted on the Indian Stock Market in October 2024, remained on the sidelines for near Nearly Seven Months Before Picking Up Momentum in May and Has Continueed The trend Through Jun. Earlier this month, it ₹ 1,960 for the first time “> Surpassed its IPO price of 1,960 for the first time since listing and close this level on June 20.
The bulish momentum in hyundai motor share price is being Driven by Strong Technical Indicators, A Positive Outlook from Top Brokerages, and Improving Sentment in the Browder India Market, All of of all of all of all of all of all of all of all of them Stock Break out of its consolidation phase, rewarding IPO investors who styed the courses.
Domestic Brokerage Firm Avendus Spark has Initiated Coverage on Hyundai Motor India with a Target Price of 2,350 Apiece, the Highest Target Among Analysts Currently Tracking The Stock. Nomura, which alredy had a ‘buy’ call, reiterated its view and set a target of 2,291. These two are now the highest price targets on the street for hyundai motor India.
Earlier, Kotak Institutional Equites Maintained Its ‘Buy’ Rating With a Target Price of 2,050, anticipating industry trends to improve from 2hfy26, supported by multiple tailwinds despite Near-Term Challenges.
The brokerage expects the company to Gain Market Share from Cy2026, Driven by New and Refreshed Product Launches in the SUV SUV SGMENT ACROOSS MULUTIPLE POWERTRANS, Along with an entry into the Muv Segment in FY27, thereby expanding its total addressable market.
The company’s management has expressed an optimistic outlook on Sustained Export Growth, Targeting 7-8% Volume Growth in Exports for the Current Fiscal Year Despite Global Headwinds. In FY25, Hyundai Exported 163,386 Vehicles, Compared with 163,155 Units in FY24, While Domestic Sense Study STOD AT 598,666 Units, Down from 614,721 UNITS IN FY24.
On the domestic front, the company remain cauily optimistic in the Near Ter Ter Ter TerM AMID Macroeconomic Challenges and Weeking Consumer Sentimen and Expects Fy26 Domestic Sles Growth to Broadly ALIGN WIRIN HOW Projections of low Single-Digit Growth.
Meanwhile, Hyundai Announced An Aggressive Launch Pipeline of 26 Products (Including factor) by fY2030, comprising 20 ice vegetables and 6 evs. It also plans to introduce new eco-friendly povertrains, such as hybrids, to diversify its its portfolio.
Disclaimer, The views and recommendations giving in this article are that of individual analysts. These do not represent the views of Mint. We Advise Investors to Check With Certified Experts Before Taking Any Investments Decisions.
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