Why are Hyundai Motor India shares up 5% today? Know more
By Aditya Bhagchandani Published on June 9, 2025, 09:43 IST
Shares of Hyundai Motor India surged 5% in Monday's early trade, hitting ₹1,937.40 as of 9:39 AM, after a series of strategic and operational developments signaled renewed investor confidence in the automaker's outlook.
The primary driver of the rally is Hyundai's strong May 2025 performance in domestic passenger vehicle (PV) sales. The company reclaimed the third spot in the Indian PV market, posting 43,861 unit sales, ahead of Tata Motors' 41,557 units, thus breaking a three-month streak of trailing behind Tata.
Additionally, Hyundai maintains its No. 2 position overall in India when exports are factored in. In May, its total PV sales stood at 58,701 units—comfortably ahead of Mahindra's 54,819.
On the sustainability front, Hyundai recently invested ₹16.58 crore as the first tranche for a 26.13% stake in FPEL TN Wind Farm Private Limited. The investment aligns with Hyundai's global green energy roadmap, aimed at reducing carbon emissions and integrating renewables into its manufacturing chain.
Hyundai also reaffirmed its intent to make India its largest export hub outside South Korea. It expects healthy single-digit growth in overseas volumes this fiscal year, reinforcing a strong export outlook amid slowing domestic momentum.
These positive developments, along with its active investment in wind energy and improved positioning in the Indian car market, have fueled investor optimism, driving Hyundai shares up nearly 5% today.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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