Hyundai Motor shares fall 5% after Q2 results. What brokerages say
- Posted on November 13, 2024
- By Business News Today
- 1 Views
Hyundai Motor shares fall 5% after Q2 results. What brokerages say
Hyundai India's shares tumbled over 5% after the company reported a 16% decline in Q2 profit, citing weak demand and high discounts. Despite the challenging market conditions, several brokerages remain optimistic about Hyundai's long-term growth prospects, driven by its SUV lineup and export opportunities.
