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The Economic Times
The Economic Times
Business
Ritesh Presswala

Hyundai Motor India shares rally 7% despite Q1 profit decline. Should you buy, sell or hold?

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.

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