Hyundai Motor India Share Price: Buy, sell or hold — What should investors do now after Q2FY26 results?

Hyundai Motor India Share Price: Shares of Hyundai Motor India Ltd gained over 2 per cent on Friday after the company posted a steady second-quarter performance with net profit rising 14.3 per cent year-on-year (YoY), supported by strong exports.

For Q2 FY26 (ended September 30, 2025), Hyundai reported a net profit of Rs 1,572.26 crore, compared to Rs 1,375.47 crore in the same quarter last year.

Consolidated revenue from operations rose marginally to Rs 17,460.82 crore, from Rs 17,260.38 crore in Q2 FY25.

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The company’s vehicle sales stood at 1,90,921 units, slightly down from 1,91,939 units last year. However, robust exports helped cushion the impact of domestic softness.

Brokerage Views: Mixed Sentiment After Q2

Global brokerages gave mixed reactions to Hyundai Motor India’s Q2 results, balancing optimism over export growth with caution on near-term margins.

Morgan Stanley maintained an overweight rating with a revised target of Rs 2,842, while CLSA kept an accumulate call, raising its target to Rs 2,853, both implying around 18 per cent upside from the current price of Rs 2,414.

JP Morgan also remained overweight with a target of Rs 2,700, suggesting a 12 per cent upside, citing stable earnings but limited short-term triggers.

On the other hand, Jefferies stayed underperform, even after lifting its target to Rs 2,050, implying a 15 per cent downside due to weak domestic demand.

Citi maintained its buy rating with a slightly lower target of Rs 2,850, pointing to steady exports and margin recovery in FY26–27.

Overall, analysts see potential for up to 18 per cent upside in Hyundai shares, though some caution that near-term challenges could cap gains.

Hyundai Motor India Share Price

Hyundai Motor India’s stock opened higher at Rs 2,429.70 on Friday and touched an intraday high of Rs 2,460.00 before slipping to a low of Rs 2,389.00.

It had closed the previous session at Rs 2,413.45. The company’s full market capitalisation stood at Rs 1,96,634.95 crore.