Shares of Hyundai Motor India rose nearly 7% to Rs 2,157.80 on Friday despite reporting a weak set of Q1 FY27 numbers, with the earnings broadly meeting analyst expectations. Expectations of improving volumes, a healthy product pipeline and stronger export momentum further supported investor sentiment.
Brokerages maintained a positive outlook on the stock, citing Hyundai’s focus on regaining domestic market share, expanding exports, improving product mix, and cost optimisation initiatives.