4 days ago
Hyundai Motor India Shares Rebound as Investors Weigh Long-Term Prospects
Hyundai Motor India’s share price went up after falling for four days.
Investors may be buying because the stock became cheaper after its recent decline.
They are also hopeful about festive-season car sales and possible price increases.
Hyundai has started taking bookings for a new SUV called the Bayon.
The Bayon is expected to launch in India during the 2026 festive season.
One brokerage believes the company could grow strongly and has given the stock a ₹2,600 target.
Technical analysts say the share may move sideways before rising further.
They suggest watching the ₹2,020 support level and the ₹2,130 resistance level.
Hyundai Motor India shares rose as much as 3.5% to ₹2,134.05 on Friday, 25 September.
The rebound followed a four-day decline and reflected value buying across several auto stocks.
Anticipated price increases, festive-season sales and Bayon SUV bookings supported investor sentiment.
Emkay Global retained a buy recommendation with a ₹2,600 target price.
Analysts advised buying near ₹2,020, while warning that upside could remain capped near ₹2,300.
- Who
- Hyundai Motor India, investors, Emkay Global and market analysts.
- What
- Hyundai Motor India shares rebounded by more than 3% after a four-day decline.
- Where
- The Indian stock market and Hyundai’s India vehicle market.
- When
- Friday, 25 September; the Bayon is expected to launch during the 2026 festive season.
- Why
- Value buying, expected price hikes, festive-season sales, Bayon bookings and optimism about Hyundai’s long-term growth supported sentiment.
Buy on dips
Wait for technical confirmation
Long-term investment case
Buy on dips
Emkay Global recommends buying, citing Hyundai’s planned ₹450 billion investments, a future product cycle and expected market-share recovery from September 2026.
Wait for technical confirmation
The stock remains in a short-term downtrend and sideways on long-term charts, so investors may prefer to wait for a stronger breakout.
Near-term trading strategy
Buy on dips
Aditya Thukral suggests buying near ₹2,020 for medium-term investors, with a stop loss at ₹1,880 and a possible move above ₹2,300.
Wait for technical confirmation
Resistance near ₹2,130 may encourage short-selling, while Globe Capital Market expects sideways movement and says immediate upside may be limited around ₹2,300.
Key facts
- Intraday high
- ₹2,134.05, up 3.5% from the opening level
- Recent performance
- The rebound followed a four-day losing streak
- Emkay Global target
- ₹2,600, with a buy recommendation
- Bayon booking amount
- ₹11,000 through Hyundai’s website and dealerships
- Bayon positioning
- A 4.2-metre SUV planned between the Venue and Creta
- Technical support
- ₹2,020–₹2,060, according to Globe Capital Market
- Technical outlook
- Near-term trading is expected to remain sideways, with upside capped around ₹2,300
Quotes
Aditya Thukral
Founder and analyst at AT Research and Risk Managers
“Hyundai Motor India is entering a comeback phase, with India increasingly becoming a strategic global hub for Hyundai. The next five years could mark a strong turnaround, led by the Rs450bn investments reflecting India’s growing strategic importance for Hyundai.”
livemint.com
“Buying on dips around ₹2,020 is suggested for medium-term investors as the stock is in the base formation phase. A stop loss at the higher low of ₹1,880 can be maintained, anticipating a move above ₹2,300 can be seen in the coming months.”
livemint.com
Sources
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