Hyundai Motor shares climb over 6%, break IPO price for first time since listing. More gains ahead?
The rally was driven by the company's management sounding optimistic about sustained growth in exports, which has offset weak domestic demand in recent quarters amid falling urban buyer interest and a high base in recent years.
Hyundai Motor India is targeting single-digit volume growth in exports in the current fiscal year. 'We aim to become Hyundai's largest export hub outside South Korea. We aspire to continue our growth trajectory in exports in the coming years,' Hyundai Motor India Managing Director Unsoo Kim told analysts during a call.
'For FY26, we anticipate export volume growth of around 7–8%, supported by robust demand for our products in emerging markets,' Kim added. The country's second-largest car manufacturer exported 163,386 vehicles in FY25 compared with 163,155 units in FY24.
The company recently announced significant enhancements to its premium SUV, the Hyundai Alcazar. It has also guided 26 launches by 2030, including eight launches in the next two years, some of which will be refreshes.
Meanwhile, industry body SIAM has projected passenger vehicle sales growth in the domestic market to be in the low single digits in FY26.
Domestic brokerage firm Kotak Institutional Equities retained its 'Buy' rating on the stock with a target price of ₹ 2,050. The brokerage expects industry trends to improve from 2HFY26, driven by multiple tailwinds despite near-term challenges. 'We expect demand trends to remain muted in the near term, owing to weak consumer sentiment, limited new launches, and a high base,' it said.
Kotak forecasts the company to gain market share from CY2026, driven by new and refreshed product launches in the SUV segment across multiple powertrains and by expanding the total addressable market through foraying into the MUV segment in FY27.
Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
9 minutes ago
- Economic Times
Volkswagen Tayron 7-seater SUV spotted again: Check expected price, features, launch details of Kia Carens, Tata Safari rival
Synopsis The Volkswagen Tayron, a 7-seater SUV, has been spotted undisguised on Indian roads, signaling an imminent launch likely by early 2026. Featuring design cues from the Tiguan R-Line and based on the MQB EVO platform, it boasts advanced tech like a digital instrument cluster and ADAS. It is expected to be powered by a 2. Volkswagen Tayron expected price and launch details The Volkswagen Tayron, a 7-seater SUV expected to enter the Indian market, has been spotted once again on local roads. This time, the SUV was seen fully undisguised, carrying a TC number plate, according to an auto enthusiast who shared the images. The sightings indicate Volkswagen is moving closer to launching the model in India, likely by early recent images show the rear of the Tayron clearly, highlighting wrap-around tail lights that resemble the Tiguan R-Line variant. The main distinguishing feature is the Tayron badge on the tailgate. While only the rear of the vehicle was visible in the spyshots, the SUV's design appears consistent with the international version sold abroad. Industry experts suggest that the Tayron will bring Volkswagen's global 7-seater design language to India, offering a modern look and spacious interiors suitable for expected price of the Volkswagen Tayron 7-seater SUV in India varies across different sources. Estimates range from ₹35 lakh to ₹65 lakh (ex-showroom), depending on the variant and upcoming Volkswagen 7-seater SUV will be based on the MQB EVO platform, the same used in other global models. Although full interior details have not been officially revealed, reports indicate that the Tayron may feature a 10.25-inch digital instrument cluster, a 12.9-inch touchscreen infotainment system, level 2 ADAS, HUD, ventilated and powered front seats, and other comfort and safety features commonly seen in premium SUVs. These features aim to position the Tayron as a competitive offering in India's growing 7-seater SUV segment, which includes rivals from Hyundai, Kia, and the hood, the Tayron is expected to be powered by a 2.0-litre turbo petrol engine. Transmission duties are likely to be handled by a 7-speed DSG unit, with the possibility of an all-wheel-drive (AWD) configuration for better handling and stability. This setup could appeal to buyers looking for both city driving convenience and occasional off-road has not officially confirmed the launch date for the Tayron in India. However, analysts expect the SUV to make its debut by early 2026. The 7-seater SUV market in India has been expanding steadily, and Volkswagen's entry with the Tayron could strengthen its position among family-focused buyers seeking premium features and modern Tayron's launch will compete with popular models such as the Hyundai Alcazar, Kia Carens, and Tata Safari, all of which are already established in India's 7-seater SUV segment. With global design, advanced technology, and flexible seating, the Tayron could be a strong contender in the segment.
Time of India
23 minutes ago
- Time of India
Volkswagen Tayron 7-seater SUV spotted again: Check expected price, features, launch details of Kia Carens, Tata Safari rival
The Volkswagen Tayron , a 7-seater SUV expected to enter the Indian market, has been spotted once again on local roads. This time, the SUV was seen fully undisguised, carrying a TC number plate, according to an auto enthusiast who shared the images. The sightings indicate Volkswagen is moving closer to launching the model in India, likely by early 2026. Volkswagen Tayron Spyshots Reveal Design The recent images show the rear of the Tayron clearly, highlighting wrap-around tail lights that resemble the Tiguan R-Line variant. The main distinguishing feature is the Tayron badge on the tailgate. While only the rear of the vehicle was visible in the spyshots, the SUV's design appears consistent with the international version sold abroad. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Industry experts suggest that the Tayron will bring Volkswagen's global 7-seater design language to India, offering a modern look and spacious interiors suitable for families. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Volkswagen Tayron expected price The expected price of the Volkswagen Tayron 7-seater SUV in India varies across different sources. Estimates range from ₹35 lakh to ₹65 lakh (ex-showroom), depending on the variant and features. Volkswagen Tayron Platform and Expected Features The upcoming Volkswagen 7-seater SUV will be based on the MQB EVO platform, the same used in other global models. Although full interior details have not been officially revealed, reports indicate that the Tayron may feature a 10.25-inch digital instrument cluster, a 12.9-inch touchscreen infotainment system, level 2 ADAS, HUD, ventilated and powered front seats, and other comfort and safety features commonly seen in premium SUVs. Live Events These features aim to position the Tayron as a competitive offering in India's growing 7-seater SUV segment, which includes rivals from Hyundai, Kia, and Mahindra. Volkswagen Tayron Engine and Transmission Under the hood, the Tayron is expected to be powered by a 2.0-litre turbo petrol engine. Transmission duties are likely to be handled by a 7-speed DSG unit, with the possibility of an all-wheel-drive (AWD) configuration for better handling and stability. This setup could appeal to buyers looking for both city driving convenience and occasional off-road capability. Volkswagen Tayron Launch Details Volkswagen has not officially confirmed the launch date for the Tayron in India. However, analysts expect the SUV to make its debut by early 2026. The 7-seater SUV market in India has been expanding steadily, and Volkswagen's entry with the Tayron could strengthen its position among family-focused buyers seeking premium features and modern design. The Tayron's launch will compete with popular models such as the Hyundai Alcazar, Kia Carens, and Tata Safari, all of which are already established in India's 7-seater SUV segment. With global design, advanced technology, and flexible seating, the Tayron could be a strong contender in the segment.
India Today
2 hours ago
- India Today
Hyundai Venue to receive a major overhaul. Know when it will be launched
Hyundai Motor India is set to launch the second-generation Venue on August 24, marking the model's first generational change since its debut in May 2019. Internally codenamed QU2i, the new Venue brings a comprehensive design and feature upgrade while retaining boxy silhouette and Creta-inspired designSpy shots reveal that the next-gen Venue will maintain its upright, boxy stance but with sharper, more premium styling inspired by the latest Creta and Tucson. Up front, it gets a redesigned grille with rectangular elements, a split headlamp setup with vertical LED DRLs, and a full-width LED light signature. Photo: Instagram/@laffey_sin_geun advertisementThe side profile showcases new 16-inch alloy wheels, chunkier wheel arch cladding, and sleeker wing mirrors. At the rear, the SUV will likely adopt connected LED tail-light with a new taillight design. Overhauled cabin with more techThe interior will get a revised dashboard layout, larger central touchscreen, and an all-digital instrument cluster with updated graphics. Higher variants will likely feature a panoramic sunroof, dual-zone climate control, a D-cut steering wheel, and is expected to get ventilated front is also focusing on better space utilisation inside, with optimised storage and improved ergonomics. Standard safety kit will now include six airbags, while Level 2 ADAS will be offered on top trims alongside features like a 360-degree camera, front parking sensors, and rain-sensing wipers. Photo: Instagram/@laffey_sin_geun Powertrain line-up unchangedUnder the hood, the Venue will continue with the current trio of engines:1.2-litre naturally aspirated petrol, 83bhp, 5-speed manual1.0litre turbo-petrol, 120bhp, 6-speed manual or 7-speed DCT1.5-litre diesel, 100bhp, 6-speed manualMarket positioning and rivalsThe Venue has consistently been one of Hyundai's best-sellers. In its next-gen form, it will rival the Tata Nexon, Maruti Suzuki Brezza, Kia Sonet, Mahindra XUV 3XO, Kia Syros, Skoda Kylaq, Nissan Magnite, Renault Kiger in the fiercely competitive sub-4m SUV space. Prices are expected to start at around 8 lakh (ex-showroom), with a slight premium over the outgoing model, which starts at Rs 7.94 lakh (ex-showroom).Subscribe to Auto Today Magazine- EndsMust Watch
