Hyundai Motor India Shares Surge 5% After Q2 Results
Shares rose more than 5% in early Thursday trading despite a sharp decline in Q2 FY27 profits. Morgan Stanley sees recovery in volumes, margins and market share, while Jefferies warned of downside.
Hyundai Motor India shares surged more than 5 percent in early trade on Thursday, despite a sharp decline in Q2 FY27 profits, as brokerages offered contrasting assessments of the automaker's growth prospects. Morgan Stanley expects a strong recovery in volumes, margins and market share, while Jeffe…