Hyundai shares jump 5% even after Q4 net profit drops 22%. Here’s why Nomura, other brokerages remain bull
- Posted on May 11, 2026
- By Business News Today
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- 1 min read
Hyundai shares jump 5% even after Q4 net profit drops 22%. Here’s why Nomura, other brokerages remain bull
Hyundai Motor India shares surged nearly 5% despite a 22% drop in Q4 FY26 net profit, as brokerages maintained 'Buy' ratings. The automaker's revenue grew over 5% in the quarter, and its board recommended a Rs 21 per share dividend. Analysts remain optimistic about future growth driven by new model launches and strong exports.
