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Hyundai Motor India Gets 'Reduce' As HDFC Securities Initiates Coverage — Here's Why
Hyundai Motor has over the years lost market share as well as its premium positioning in the Indian market, adds the brokerage.
03 Oct 2025, 12:34 PM IST 
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Hundai Motor's No.2 position (on an annual basis) in the domestic PV market is under threat, with key competitors for the position, M&M and Tata Motors closing in with a popular and balanced portfolio. (Photo Image source: Hyundai Motor India)
Hyundai Motor India is currently trading at a premium to Maruti Suzuki, which we believe is because of the company’s stretched valuations. Considering that the passenger vehicle industry has got a fillip post the GST rate rationalization, we expect it to trade close to, but below Maruti Suzuki’s valuation.
