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Hyundai Motor India Can Rally 26% Projects Nirmal Bang As It Initiates Coverage With 'Buy' Rating

Superior franchise backed by strong parentage and recent correction in stock price provides a good entry point in Hyundai Motor says Nirmal Bang.

<div class="paragraphs"><p>The launch of the Santro in 1998 with its “tall boy” design was a game-changer, redefining hatchback ergonomics in the Indian market. </p><p>(Photo source: Hyundai Motor India)</p></div>
The launch of the Santro in 1998 with its “tall boy” design was a game-changer, redefining hatchback ergonomics in the Indian market.

(Photo source: Hyundai Motor India)

Hyundai Motor India, backed by the formidable technological and financial strength of Hyundai Motor Company, has been a pioneer in driving innovation in the Indian automotive landscape. The company has consistently leveraged its global parentage to introduce cutting-edge technology and category-defining products, positioning itself as a disruptor across multiple segments over nearly three decades of operations.
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