Hyundai Motor India Shares In Focus As Company Announces Up To 3% Price Hike From April – News18
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Hyundai Motor India shares are in focus today after announcing a price hike of up to 3% from April 2025 due to rising costs. February 2025 sales reached 58,727 units, with strong export growth.
Hyundai Motor India shares are in focus today.
Hyundai Motor Share Price: Hyundai Motor India shares are in focus today after the announcement of a price hike up to 3% on its vehicles from April 2025. In the filing, the automobile manufacturer underlined the rising input cost, increased commodity prices and higher operational expenses as key factors in the decision. “The quantum of price increase will vary basis the variants and models,” it added.
On Wednesday, the shares of Hyundai Motor India gained 2.21 per cent to end at Rs 1615.15 apiece. The scrip’s high and low remained at Rs 1626 and Rs 1581, respectively. With a market capitalization of Rs 1.31 lakh crore, the company is part of BSE IPO index.
Commenting on the development, Mr. Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, “At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025″.
Tata Motors Also Announces Price Hike
Tata Motors earlier announced Tuesday another price increase for its passenger vehicles, including EVs, starting in April. This follows a previous price hike in January and a recent announcement to raise commercial vehicle prices by 2% next month. The company cites rising input costs as the reason for these adjustments. The specific increase will vary depending on the model and variant.
Hyundai Motor Monthly Sales Data
Hyundai Motor India Limited (HMIL) achieved total monthly sales of 58,727 units in February 2025. This figure includes 47,727 units sold domestically and 11,000 units exported. HMIL’s exports remained strong, showing a 6.8% year-on-year increase in February 2025.
Tarun Garg, Whole-time Director and Chief Operating Officer of Hyundai Motor India Limited, commented on the sales figures. He stated that the growing global demand for their Made-in-India products, reflected in the increased export sales, demonstrates Hyundai’s strong global acceptance.
