
Shares of Hyundai Motor India Limited fell by 1.27% on November 4, 2024, closing at ₹1,809.10, down from the previous close of ₹1,832.30. This decline in stock price resulted in a decrease in the company’s market capitalization by approximately ₹1,889 crore, bringing its total market cap to ₹1,46,997 crore.
Stock Performance: Hyundai’s stock opened at ₹1,832.25, reached a high of ₹1,841, and touched a low of ₹1,796.10 before settling at ₹1,809.10.
Market Cap Impact: The share price drop from ₹1,832.30 to ₹1,809.10 led to a loss in market cap of about ₹1,889 crore, reflecting cautious sentiment in the auto sector.
This decline underscores the pressures on the passenger car and utility vehicles segment amid broader market challenges. Hyundai’s stock remains below its recent 52-week high of ₹1,970, signaling potential for rebound if market conditions improve.