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Hyundai Motor India Limited (HYUNDAI) Receives a Buy from Nomura
Hyundai Motor India Limited (HYUNDAI) Receives a Buy from Nomura

Business Insider

time2 days ago

  • Automotive
  • Business Insider

Hyundai Motor India Limited (HYUNDAI) Receives a Buy from Nomura

In a report released on May 30, Kapil Singh from Nomura maintained a Buy rating on Hyundai Motor India Limited (HYUNDAI – Research Report), with a price target of INR2,291.00. The company's shares closed last Friday at INR1,847.20. Confident Investing Starts Here: According to TipRanks, Singh is a 3-star analyst with an average return of 4.9% and a 52.94% success rate. Singh covers the Consumer Cyclical sector, focusing on stocks such as Hyundai Motor India Limited, Bajaj Auto Limited, and Eicher Motors Limited. Currently, the analyst consensus on Hyundai Motor India Limited is a Moderate Buy with an average price target of INR2,000.00, implying an 8.27% upside from current levels. In a report released on May 20, HSBC also maintained a Buy rating on the stock with a INR2,150.00 price target.

Nomura Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)
Nomura Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)

Business Insider

time3 days ago

  • Automotive
  • Business Insider

Nomura Sticks to Their Hold Rating for Bajaj Auto Limited (BAJAJ.AUTO)

Nomura analyst Kapil Singh maintained a Hold rating on Bajaj Auto Limited ( – Research Report) today and set a price target of INR10,020.00. The company's shares closed yesterday at INR8,607.00. Confident Investing Starts Here: According to TipRanks, Singh is a 3-star analyst with an average return of 6.0% and a 66.67% success rate. Singh covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Eicher Motors Limited, and Exide Industries Limited. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bajaj Auto Limited with a INR9,161.00 average price target, which is a 6.44% upside from current levels. In a report released yesterday, Macquarie also downgraded the stock to a Hold with a INR8,811.00 price target.

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