Hyundai Motor India Shares Gain 2% After Q2 Revenue Climbs 15% Year-on-Year

Hyundai Motor India’s stock rose nearly 2% in early trade after brokerage upgrades followed its robust Q2 results. The automaker posted 15% year-on-year revenue growth to ₹48,000 crore and an 18% increase in profit after tax. Strong demand for SUVs and improved export performance drove the quarter’s performance. Analysts reaffirmed buy ratings citing consistent market share expansion and improved cost efficiencies. The company’s performance highlights sustained recovery in India’s auto sector amid softening input prices and festive-season demand momentum.