Hyundai Motor India Limited is coming out with its IPO on 15th October 2024. Prospective investors are asking for Hyundai Motor India Share Price Targets from 2024 to 2040. In this article, we will discuss about the business prospects and financial performance of the Company and based on our discussion and analysis will tell you the Hyundai Motor India Share Price Targets from 2024 to 2040.
Discussion & Analysis of Business & Financial performance with future business prospects of Hyundai Motor India Limited:
Hyundai Motor India Ltd is set to launch its initial public offering (IPO) from October 15 to October 17, 2024. This IPO is significant as it marks the first listing of an automaker on Indian stock exchanges in over 20 years, following Maruti Suzuki’s listing in 2003. The IPO comprises an offer for sale (OFS) of 14.2 crore shares by the promoter, Hyundai Motor Company, and aims to raise around ₹27,000 crore. The price band for the shares is set between ₹1,865 and ₹1,960 per share, with a minimum investment requirement of seven shares per lot
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Hyundai Motor India is currently the second-largest car manufacturer in India, offering a diverse range of 13 models, including sedans, hatchbacks, and SUVs. The company is also a leader in the electric vehicle (EV) segment with models like the Hyundai Ioniq 5 and Kona Electric. With its upcoming IPO, Hyundai aims to further solidify its presence in India, which has become a key market for the automaker. This IPO is part of a broader strategy to strengthen its manufacturing base in India, potentially making it one of Hyundai’s largest production hubs in Asia
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Looking ahead, Hyundai Motor India is poised for growth, leveraging India’s expanding automobile market and the increasing demand for EVs. The company has announced significant investments in India, including a ₹32,000 crore plan over the next decade to enhance local production capabilities, particularly in EV manufacturing. Additionally, Hyundai’s established brand reputation, wide dealership network, and focus on launching new models tailored to the Indian market are expected to drive its market share further
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The IPO will be closely watched by investors, with listings set for October 22, 2024. Given its strong market presence, commitment to technological innovation, and strategic focus on electric mobility, Hyundai Motor India is well-positioned for long-term growth in the Indian automotive sector.
Share Price Targets:
Hyundai Motor India Share Price Target 2024
Based on the above discussion and analysis, the share price of Hyundai Motor India is likely to touch the level of around 2475-2500 in 2024
Hyundai Motor India Price Target 2025
Based on the above discussion and analysis, the share price of Hyundai Motor India is likely to touch the level of around 2750-2900 in 2025
Hyundai Motor India Price Target 2030
Based on the above discussion and analysis, the share price of Hyundai Motor India is likely to touch the level of around 4500-5000 in 2030
Hyundai Motor India Price Target 2035
Based on the above discussion and analysis, the share price of Hyundai Motor India is likely to touch the level of around 8000-9000 in 2035
Hyundai Motor India Price Target 2040
Based on the above discussion and analysis, the share price of Hyundai Motor India is likely to touch the level of around 14000-15000 in 2040
Disclaimer: Investment in Capital Market/Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general Guidance & Educational purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.
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