Hyundai Motor shares jump 6% even as Q2 net profit declines 24% YoY. Why Nomura, other brokerages remain bullish?
Nomura and Motilal Oswal rate stocks including Hyundai Motor India.
· Economic Times Markets, ET Stocks
Hyundai Motor India shares rose despite a sharp decline in Q2 FY27 profit as rising commodity costs squeezed margins. Nomura and Motilal Oswal retained their Buy ratings, citing new model launches, export growth and potential margin recovery.
Key facts
- Period
- Q2 FY27
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Nomura and Motilal Oswal, with ratings on the stocks named. The stocks: Hyundai Motor India.
- Over three months: Hyundai Motor India -6.7% against Auto -4.4% (2.3 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Hyundai Motor IndiaHYUNDAI · Auto | ₹1,939.30 | +3.9% | -9.0% | -6.7% | -20.5% | 1.7× | — |
Auto
1M -4.7% · 3M -4.4%
Hyundai Motor India
Prices as of 29 Oct 2026, 10:40 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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