Hyundai Motor India rallies 9% as brokerages back launches, exports and capacity growth

Hyundai Motor India’s Q1 FY27 profit beat expectations as shares rose 9.11%. Brokerages cited H2 FY27 launches of a mid-size SUV and compact EV, plus capacity expansion and exports, as growth drivers, raising target prices to Rs 2,334 and Rs 2,500.

Newer report updates this story , : A broker now has a target price of ₹2,600; SUV expected September 2026.

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Reported figures

From the report. Source details below

Shares rose 9.11% to Rs 2,208.90
Q1 FY27 PAT: Rs 890 crore
MOFSL PAT estimate: Rs 830 crore
EBITDA margin: 9.3%, down 400bp YoY
Expected volume CAGR: about 9% over FY26-28
Expected export volume CAGR: 12% over FY26-28
Expected earnings CAGR: about 16% over FY26-28
Nuvama target price: Rs 2,500, raised from Rs 2,400
Projected revenue/EBITDA CAGR: 15%/14% over FY26-28E
Mean RoIC: about 38%

Also in the report

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The source

Source Read the source at Business Today

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