Hyundai Motor India near 11-month low after March sales numbers disappoint

Hyundai Motor India

01/04/2026 08:23

** Hyundai Motor India HYUN.NS down 3.3% to nearly 11-month low of 1,719.2 rupees

** Second biggest pct loser on Nifty 500 .NIFTY500 index, which is up 2.8%

** Nifty Auto index .NIFTYAUTO, on which HYUN is not a constituent, rises 2.9%

** HYUN set for third straight session of losses

** Automaker reports sales of 69,004 units in March, up 2.5% year-on-year

** Jefferies expected March sales at 70,000 units

** More than 2.3 million shares traded so far, about 4.3x 30-day average daily volume

** Stock rated "buy" on average by 26 brokerages, median PT at 2,506 rupees - data compiled by LSEG

** YTD, HYUN down 25.2% vs Nifty 500's 11.5% fall; Nifty Auto down 13.3%

(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))