Hyundai Motor India rallies 9% as brokerages back launches, exports and capacity growth
Hyundai Motor India reported Q1 FY27 PAT of Rs 890 crore, above MOFSL’s Rs 830 crore estimate. Brokerages point to a mid-size SUV and compact EV due in H2 FY27, capacity additions and export momentum, with target prices raised to as high as Rs 2,500.
Hyundai Motor India’s Q1 FY27 profit beat expectations as shares rose 9.11%. Brokerages cited H2 FY27 launches of a mid-size SUV and compact EV, plus capacity expansion and exports, as growth drivers, raising target prices to Rs 2,334 and Rs 2,500.
Why this matters
The rally follows signals that Hyundai held its FY27 outlook while shares rose 7.2%, after Q1 profit fell 35% amid a supplier fire and weaker exports.
Retail-company signals are accelerating 257,440% QoQ.