Latest news with #HyundaiMotorIndia
Time of India
2 days ago
- Automotive
- Time of India
Hyundai completes 25 years of Made in India car exports
Chennai: Hyundai Motor India has completed 25 years of exporting Made in India cars. It has so far exported 3.7 million cars through the Chennai Port to over 150 countries. Commencing its exports in 1999, Hyundai achieved exports of one million by 2010, two million by 2014 and three million by 2020 and has been maintaining its position as India's largest exporter of cars cumulatively. It recently commenced exports of the Creta Electric to neighbouring markets, while Saudi Arabia, South Africa, Mexico, Chile and Peru were among the top export markets for HMIL in FY2024-25. 'Year 2024-25 marked a significant milestone for HMIL having completed 25 years of exports from India and thereby reaffirming its position as the country's largest exporter of passenger vehicles, cumulatively till date. With an aim to become Hyundai's largest export hub outside South Korea, we aspire to continue the growth trajectory in exports in the coming years,' Unsoo Kim, managing director, HMIL said in a statement. 'Exports have gained strong momentum in the recent months and we aim to sustain this trajectory going forward. For FY26, we anticipate the growth in export volumes to be around 7%-8%, supported by robust demand for our products in the emerging markets,' Kim added. 'As the largest automobile export port on the east coast, Chennai Port has been a key cog in Hyundai Motor India's export operations since 1999, with it serving as the gateway for Made in India automobiles making their way to the world,' said S Kirupanandasamy, traffic manager — Chennai Port Authority, while highlighting the benefits for both the company and the port on account of the strategic MoU signed in the past between the two. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hindustan Times
3 days ago
- Automotive
- Hindustan Times
Pankaj Tripathi named Hyundai Motor India's new brand ambassador
Hyundai Motor India has appointed Pankaj Tripathi as its new brand ambassador. Notify me Hyundai Motor India Limited (HMIL) has announced the appointment of acclaimed actor Pankaj Tripathi as its new brand ambassador. The move is part of the company's efforts to strengthen its connection with Indian consumers by associating with personalities who reflect its core values. Tripathi, known for his versatile performances and grounded screen presence, is expected to represent the brand's image of trust, authenticity, and broad appeal across India's diverse population. Tripathi expressed his thoughts on the association, noting that his first car was a Hyundai and that he shares a personal connection with the brand. 'As someone who values simplicity and sincerity, I see a natural alignment with Hyundai's approach," he said. Also Read : Hyundai i20 becomes India's most affordable CVT hatchback with latest updates The actor's addition comes as Hyundai continues to build on its brand identity in India, aiming to resonate more deeply with consumers not just through products, but through shared values and stories. Tripathi joins a roster of other well-known figures who have previously represented the company. Commenting on the collaboration, Tarun Garg, Whole-Time Director and COO of HMIL, said, 'We are delighted to welcome Pankaj Tripathi to the Hyundai family. His relatable persona and talent align well with our brand philosophy and vision of 'Progress for Humanity'." Prior to Tripathi, Hyundai had associated Shah Rukh Khan, the well-known Indian actor, with the brand since 1998. While it is not clear yet if Pankaj Tripathi will be replacing Shah Rukh or there will be specific campaigns featuring Tripathi, the partnership is expected to influence Hyundai's marketing efforts across various platforms in the coming months.. Also Read : Hyundai confirms working on hybrid powertrain, will launch 26 products by FY2030 Hyundai celebrates 29 years in India At its 29th anniversary, Hyundai also announced that it has sold over 12.7 million units since its inception in the Indian market. This figure includes over 3.7 million units that were exported in more than 150 countries. With this figure, Hyundai has become the highest exporter since its inception. The brand is currently preparing to commence operations at its new manufacturing facility in Talegaon, Maharashtra, in Q4 of calendar year 2025. The company recently allocated ₹ 1,500 crore towards the revamp and modernisation of its Chennai manufacturing facility. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 30 May 2025, 15:45 PM IST
Time of India
3 days ago
- Automotive
- Time of India
Hyundai ropes in Mirzapur fame Pankaj Tripathi as new brand ambassador
Hyundai Motor India has announced popular actor as its latest brand ambassador , further expanding its star-studded roster. Known for his performance on the silver screen and popular TV shows like Mirzapur , Tripathi has associated with the brand and aims to deepen Hyundai's emotional connection with Indian consumers . Tired of too many ads? go ad free now The actor, who revealed that his first car was a Hyundai, expressed a personal bond with the brand, citing shared values of trust, simplicity, and sincerity. "This partnership goes beyond endorsement, it's a journey rooted in shared stories and values," Tripathi said. Welcoming him, Tarun Garg , Whole-Time Director and COO at HMIL, said the actor's image aligns well with Hyundai's vision of ' Progress for Humanity '. 'At HMIL, we celebrate stories of progress and inspiration. We are delighted to welcome Pankaj Tripathi to the HMIL family. His grounded persona, exceptional talent and widespread appeal resonate with the values of HMIL. Together, we aim to drive deeper emotional connections with our diverse customer base across India' Garg added. Exploring Orchha's Rich History With Hyundai Creta: Great India Drive | TOI Auto Tripathi now joins Hyundai's ambassador lineup, which already features Shah Rukh Khan, Deepika Padukone along with Hardik Pandya, who endorses the Hyundai Exter . Besides that, the company had also partnered with cricketers Smriti Mandhana, Jemimah Rodrigues, Shafali Verma, and Yastika Bhatia. Hyundai Motor India currently has a wide portfolio in India, with its presence in several segments. Some of the widely popular models include the Creta, i20, Verna and more. Stay tuned to TOI Auto for latest updates on the automotive sector and do follow us on our social media handles on Facebook, Instagram and X.
Time of India
24-05-2025
- Automotive
- Time of India
FTSE Index Rejig: Hyundai Motor, NTPC Green, Swiggy, and Waaree Energies to join largecap segment in June review
Hyundai Motor India , NTPC Green Energy , Swiggy and Waaree Energies will become part of FTSE global equity indices in the largecap category while ITC Hotels , a spin-off from diversified conglomerate ITC will exit largecaps to enter the midcap segment in the June 2025 quarterly review, according to a media release by FTSE Russel. Hyundai Motor, NTPC Green, Swiggy and Waaree Energies are recent listings and had floated their initial public offerings (IPOs) in October-November last year. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Beyond Text Generation: An AI Tool That Helps You Write Better Grammarly Install Now Undo Swiggy, listed on November 13, 2024, is currently trading 17% below its issue price of Rs 390. Meanwhile, Hyundai Motor India, which debuted on October 22, 2024, is down 4.5% from its upper price band of Rs 1,960. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. NTPC Green Energy, listed on November 27, 2024, is trading slightly above its issue price of Rs 108, last quoted at Rs 110.95. In contrast, Waaree saw a strong post-listing performance — its shares, issued at Rs 1,503, are currently trading at Rs 2,756, marking an 83% gain. Meanwhile, grocery and household retailer Vishal Mega Mart will enter the midcap segment. Live Events Afcons Infrastructure , OneSource Specialty Pharma , and Sai Life Sciences will be included in the smallcap segment. Moreover, 18 stocks will become part of the microcap segment, viz. Capital Infra Trust, Carraro India, Concord Enviro Systems, Dam Capital Advisors, Enviro Infra Engineers, Godavari Biorefineries, KRN Heat Exchanger and Refrigeration, Laxmi Dental, Mamata Machinery, One MobiKwik Systems, Quadrant Future Tek, Rossell Techsys, Sanathan Textiles, Senores Pharmaceuticals, Standard Glass Lining Technology, Suraksha Diagnostic, Transrail Lighting, and Unimech Aerospace and Manufacturing. Also Read: Eternal may see outflows worth $840 million following FTSE, MSCI's weight cuts In another development, food delivery company Eternal, formerly known as Zomato , is staring at a passive outflow of $840 million as global index majors FTSE and MSCI plan to slash stock's weightage in their portfolio. This follows a reduction in the Foreign Ownership Limit (FOL). In FTSE All World Index, the investability weighting from 82.74% to 49.5%.
Mint
22-05-2025
- Automotive
- Mint
Hyundai Motor shares approach IPO price after gaining 20% from April lows. Will the rally hold up?
Hyundai Motor India share price in focus: Hyundai Motor India's share price declined by 3% on Thursday, May 20, settling at ₹ 1,854 per share amid a broad-based sell-off in the Indian equity market. Despite the dip, the stock has been on a steady upward trajectory in recent weeks, rebounding sharply from its April 7 low of ₹ 1,541. Since then, it has rallied nearly 20%, bringing it within close range of its IPO price of ₹ 1,960—just 5.4% below its latest trading value. Notably, the stock has yet to breach its IPO price since its market debut, despite multiple attempts that were met with resistance and pullbacks. The highest level the stock has touched since listing was ₹ 1,929 per share, recorded in early February. As the stock once again attempts to breach its IPO price, Anshul Jain, Head of Research at Lakshmishree Investments, stated that the stock is forming a 142-day-long IPO base with a pivot breakout level at ₹ 1,935. However, he noted that the base lacks institutional accumulation and follows a sharp run-up, which makes the breakout zone potentially vulnerable. "A breakout above ₹ 1,935 must be accompanied by significant volume to confirm bullish intent. Conversely, if the stock fails to sustain above ₹ 1,935, it could trigger long liquidation, dragging it down toward ₹ 1,750. Traders should wait for clear volume cues before initiating positions," he further added. The company made its debut on Dalal Street in October 2024, listing at ₹ 1,934 per share against the IPO price of ₹ 1,960. Following the muted listing, the stock remained volatile, moving back and forth amid concerns over its rich valuations. The company successfully raised ₹ 27,870 crore from Indian investors, marking the largest IPO fundraise in the country's history. Following the announcement of the company's March quarter results on May 16, brokerage firms have retained their optimistic outlook on Hyundai Motor India. Motilal Oswal noted that the company remains well-positioned to benefit from the premiumization trend in India, given its strong SUV portfolio. It has maintained a 'buy' rating on the stock with a target price of ₹ 2,137 per share. Kotak Institutional Equities raised its target price from ₹ 2,000 to ₹ 2,050 per share while retaining its 'buy' recommendation. The brokerage stated, 'We expect near-term demand trends to remain muted due to weak consumer sentiment, limited new launches, and a high base.' However, it expects industry trends to improve from H2FY26E, with Hyundai Motor India likely to gain market share driven by new launches in the SUV and MPV segments across multiple powertrains. Similarly, Japanese brokerage firm Nomura also revised its target price upward to ₹ 2,291, maintaining its 'buy' rating. CLSA and Macquarie have both assigned an 'outperform' rating, with target prices of ₹ 2,155 and ₹ 2,100 per share, respectively. The company reported a 4 per cent YoY dip in its consolidated profit after tax to ₹ 1,614 crore, while the revenue from operations rose by 1.52 per cent YoY to ₹ 17,940 crore. 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.
