Morgan Stanley, HSBC and Nomura offered bullish views on Hyundai Motor India shares, projecting strong growth through FY30 driven by new product launches, a multi-powertrain strategy and expansion into premium segments.
Motilal Oswal, has come out with its report on Hyundai Motor India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 14 2024.
Asit C Mehta, has come out with its report on Hyundai Motor India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 15 2024.
Geojit Financial Services, has come out with its report on Hyundai Motor India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 14 2024.
Ajcon Global, has come out with its report on Hyundai Motor India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 14 2024.
KR Choksey, has come out with its report on Hyundai Motor India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 11 2024.
LKP Research, has come out with its report on Hyundai Motor India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 11 2024.
Anand Rathi, has come out with its report on Hyundai Motor India Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on October 10 2024.
The company sold a total of 57,851 units in February 2023, Hyundai Motor India Ltd (HMIL) said in a statement.
The company had sold 68,835 units in the same month last year, HMIL said in a statement.
Domestic sales stood at 25,001 units last month as against 49,002 units in April, a dip of 49 percent.
The company had sold 48,910 units in the same month last year, HMIL said in a statement.
With the launch of new Creta in March, the company has once again redefined SUV leadership in the segment and established its supremacy, recording over 55,000 bookings and more than 20,000 customers in just four months, Garg added.
The company, which had launched the platform in March, has invested around $1 million (around Rs 7.5 crore) to develop it to offer customer services from booking of cars to test drive to financing and delivery at home.
The company is also receiving encouraging responses for Creta and the newly launched version of Verna, Garg added.
The new Creta will be launched in the market next week. It was unveiled at the Auto Expo last month.
The BS-VI emission norm would come into force from April 1 across the country and new cars cannot be sold unless they are compliant to the new standard.
The company had sold 65,020 units in the same month last year, HMIL said in a statement.
The new prices will be effective from August 1, across all models, HMIL said in a statement.
The 'Hyundai Relief task Force' would enhance services for vehicle-owners affected by Cyclone Fani.
Hyundai Motor India Ltd (HMIL), which has sold 8 million vehicles cumulatively in the country in 20 years of operations, is also targeting to cross the 10 million milestone in the first quarter of 2021. With plans to bring eight new products between 2018 and 2020, HMIL is also increasing its annual production capacity to 7.5 lakh units from January next year from 7 lakh at present.
The company had sold 52,734 units in February last year, HMIL said in a statement.
Hyundai Motor India Ltd (HMIL) today reported a 1.6 percent increase in domestic sales at 42,007 units in May.
Domestic sales were up 5.68 per cent at 44,758 units during the month, as against 42,351 units in the year-ago period, the company said.
Hyundai Motor India Ltd (HMIL), a wholly-owned subsidiary of the company, has stopped production of the small car, which was first introduced in 2007.