Hyundai Motor India
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Tata Motors and Kia India to increase passenger vehicle prices by up to 3% starting January 2025
Auto
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The automaker cited rising input costs and inflation as key reasons for the hike. Similarly, Kia India plans a price increase of up to 2%, attributing it to surging commodity costs, unfavorable exchange rates, and higher supply chain expenses.
Morgan Stanley initiates Overweight call on Hyundai Motor India, expects 28% upside in stock price
Morgan Stanley has initiated an Overweight (OW) rating on Hyundai Motor India (HMI) with a target price of ₹2,418, implying a 28% upside from the current market price of Rs 1,882 per share.
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Markets Desk
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