Hyundai Motor India Ltd is a recently listed stock in the NSE and BSE. The company is a parent company of Hyundai Motor Group based in South Korea which is the 3rd largest auto OEM in the world. If you are an investor or planning to invest in the stock, you should know the prediction of Hyundai Motor’s share price target for 2024, 2025, and 2026.
Hyundai Motor India Ltd IPO issue size is Rs. 27,870.16 Crore where the price range is set to Rs. 1865 to 1960. The company (promoter) is selling 17.5% of shares in the IPO.
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About Hyundai Motor India Ltd
Hyundai Motor India Ltd is a large-cap company which is engaged in the automotive sector business. In India, it is one of the largest companies in the sector. It is the parent company of Hyundai Motor Group which is a South Korea-based company with a very strong market share in the world.
Hyundai Motor India has a wide range of products for different users. In their product portfolio, the cars are SUV, Sedan, Hatchback, Electric, etc. In the car categories, they have various cars-
SUV:
- CRETA
- EXTER
- VENUE
- TUCSON
- ALCAZAR
- CRETA N LINE
- VENUE N LINE
SEDAN:
- AURA
- All-new Hyundai VERNA
HATCHBACK:
- i20
- i20 N Line
- Grand i10 NIOS
ELECTRIC
- IONIQ 5
The company offers many services for the use and maintenance of the Hyundai car. Services are Electric Vehicle Services (service centers, charging solutions, etc.), Hyundai Corporate Leasing, Hyundai Finance, Leasing Options, DigiGo to book, purchase, finance cars, Customer Care, Home Service, Maintenance Service, Pre-Owned Cars, Assurance Program, Prepaid Maintenance Service Plans, Genuine Parts and Accessories, Hyundai Shield, Hyundai Care App, and many more.
Hyundai Motor India Ltd’s Scrip Info
NSE | HYUNDAI |
BSE | 544274 |
ISIN | INE0V6F01027 |
SECTOR | AUTOMOBILE |
Company Analysis
Below you’ll find Hyundai Motor India Limited’s company information like financials, fundamentals, and shareholding patterns. This information plays an important role in identifying good companies for investing.
Note: The shared information is not enough for a complete analysis of any company or stock. Kindly cross-check this information with any screener or broker.
Note: All the values are in (₹) Rupees Crore.
Quarter | Net Profit & Loss |
---|---|
Sep 2023 | ₹ |
Dec 2023 | ₹ |
Mar 2024 | ₹ |
Jun 2024 | ₹1490 |
Sep 2024 | ₹ |
Year | Net Profit & Loss |
---|---|
Mar 2020 | ₹ |
Mar 2021 | ₹1,881 |
Mar 2022 | ₹2,902 |
Mar 2023 | ₹4,709 |
Mar 2024 | ₹8,240 |
Note: It is the company’s financial performance data, typically released every three months (quarterly) or once a year (annually).
Market Cap | ₹NA Cr | ROE | 0.00% |
P/E Ratio (TTM) | 0.00 | EPS (TTM) | 74.58 |
P/B Ratio | 0.00 | Div. Yield | 0.00% |
Industry PE | 21.80 | Book Value | 131.26 |
Debt to Equity | 0.07 | Face Value | 10 |
Held By | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
---|---|---|---|---|---|
FIIs | NA | NA | NA | NA | NA |
DIIs | NA | NA | NA | NA | NA |
Public | NA | NA | NA | NA | NA |
Promoters | NA | NA | NA | NA | NA |
Other Holders | NA | NA | NA | NA | NA |
Key Points
- Zero promoter pledge.
- The company’s cash flow is improving.
- The company is making a profit consistently.
- The company can meet its capital requirement.
- The company is generating cash from its operations.
- The company is almost debt-free, its debt-to-equity is 0.07 only.
- The company’s annual net profit has been increasing for the past 4 years in a row.
Hyundai Motor Share Price Target
The company’s financials, business model, products, services, etc. are very strong. In some products, the company is one of the largest players and has a strong number of sales. But on the listing day, the company listed nearly 0% listing gain (premium). After some time, the stock crashed by more than 7%, and as of 22 Oct 2024, the stock is trading at Rs. 1819.60 (market closing).
Hyundai Motor India is the 2nd largest player and 2nd largest OEM eporter in the Indian passenger vehicle segment. The company has more than 1,561 service centers in 957 cities. The company has 13 vehicles of different types in its portfolio.
Year | Minimum Target | Maximum Target |
---|---|---|
2024 | ₹1900 | ₹2000 |
2025 | ₹2500 | ₹2600 |
2026 | ₹2700 | ₹3000 |
Disclaimer: AskDhan or we are not SEBI registered, and this is not a Buying or Selling recommendation. We will not be responsible for any loss or profit. This post is only for educational and learning purposes. All the targets given in the post are based on news, brokerage research, technical analysis, etc. We strongly recommend you talk to your financial advisor before making any decision.
Hyundai Motor Share Price Target 2024
As of 22 Oct 2024, there are only 2 months left in the year. As you know, currently Indian stock market is falling very badly and behind the selling one of the main reasons is massive selling by the FIIs. In the single October 2024 month, Net FIIs selling is more than 85,000 Crore and may cross 1 lakh crore by the end of the month.
In a bearish market, the stock can also correct a lot so, it is better to avoid it until the market becomes stable. Also, the Hyundai Motor share price is bearish so, right now it is not a good idea to give any target for the short term.
Hyundai Motor Share Price Target 2025 and 2026
For the long term, it is a good stock because of the strong financials, top products portfolio, 2nd largest player and 2nd largest OEM eporter in the Indian passenger vehicle segment, etc.
The domestic passenger vehicle volumes of the company have continuously grown over the years as compared to its competitors. the expected growth of domestic exports is likely to increase in the upcoming years.
In the sector, the competition is very tough and some of the major players are Maruti Suzuki, Tata Motors, Mahindra Mahindra, etc. These are the company which is also growing rapidly over the years.
But investing right now in the stock at this valuation or price is not good because Maruti Suzuki has shown better sales, profits, etc. in the last few years. But it does not mean it will not give good returns. You can expect the Hyundai Motor share price target for 2025 and 2026 near Rs. 2700 to Rs. 3000.
FAQs
On the first day of listing in NSE and BSE, the stock crashed by more than 7% by the closing of the stock market. Also, the stock is listed at nearly 0% premium because it is listed at a very high valuation in the market.
Maruti Suzuki is the tough competitor of the Hyundai company as it is the largest passenger car maker. In many terms, the company beats the Hyundai Motor very smoothly. This can be the reason behind the fall and low premium listing. In 2024, the Hyundai Motor share price target may cross Rs. 2000.
Yes, Hyundai Motor is one of the major players in the Indian automobile sector. It is one of the best companies for long-term investment because of 2nd the largest player and 2nd largest OEM exporter in the Indian passenger vehicle segment, has low debt on the company, has zero promoter pledge, the company is generating cash from its operations, and many more good points.
But one thing, investing in the company’s stock at the right valuation or stock price can generate more return than investing at this price.
The company has a wide range of different types of products in SUVs they have Creta, Exter, Venue, Tuscon, Alcazar, Creta N Line, and Venue N Line, in SEDAN they have Aura, and Verna, IN HATCHBACK i20, i20 N Line, and Grand i10 NIOS, and ELECTRIC they have IONIQ 5.
The company also offers a wide range of services to customers like Electric Vehicle Services (service centers, charging solutions, etc.), Hyundai Corporate Leasing, Hyundai Finance, Leasing Options, DigiGo to book, purchase, finance cars, Customer Care, Home Service, Maintenance Service, Pre-Owned Cars, Assurance Program, Prepaid Maintenance Service Plans, Genuine Parts and Accessories, Hyundai Shield, Hyundai Care App, and many more.
Final Words
Hyundai Motor India Ltd is the 2nd largest player and 2nd largest OEM eporter in the Indian passenger vehicle segment. Financially it is strong as there is low debt, zero promoter pledge, consistent annual profits are increasing, etc. Expecting good returns from the Hyundai Motor share price target for 2024, 2025, and 2026 is achievable but there are also some good companies in the Indian automobile sector with strong financials, sales, fundamentals, etc.