Hyundai India Stock Soars to New High

  Published 9 months ago

Hyundai Motor India's stock surged 15.5% in two days, record high of Rs 2,624.30 this week.

  • Foreign broker initiated BUY coverage, target Rs 2,600, citing strong product pipeline and expansion plans.
  • The strategic catch‑up plan includes new launches, ramped‑up production, aiming to capture additional market share rapidly.
  • Supportive macro trends and capacity expansion are expected to boost earnings, reinforcing Hyundai’s growth outlook significantly.

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