6 stories mentioning NSE:HYUNDAIUpdated 33m ago
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Hyundai Motor India (NSE:HYUNDAI, BOM:544274) has an average rating of overweight and mean price target of 2,248.72 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) has an average rating of overweight and mean price target of 2,218.24 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) reported total sales of 51,335 units in June, down from 61,137 units in May, according to company data released on Wednesday.Domestic sales fell to 39,635 units from 47,837 units in the previous month, while exports declined to 11,700 units from 13,300 units.Production was affected by a loss of about 13,900 units due to a fire incident at a supplier's facility, which caused temporary disruption, Hyundai Motor India Chief Executive Tarun Garg said in the release.Shares of the company rose nearly 1% in recent trade.
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) said production at its Chennai Plant 1 is expected to regain pace by June 15, with all operations projected to return to normal by June 22, according to a Wednesday filing on Indian exchanges.The facility was impacted by a fire at supplier Mobis India's plant.The company said operations at its Pune plant and Chennai Plant 2 remain largely unaffected. The disruption affected mainly the Chennai Plant 1, it added.Hyundai said it is arranging parts from alternate source locations to restore normal production activities.The automaker expects most of the production loss resulting from the incident to be recovered during the next quarter. The company said it does not anticipate any significant impact on retail sales in June due to sufficient inventory levels in its network.Shares of the company were up nearly 1% in recent trade.
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) said a fire broke out on May 31 at a manufacturing facility of supplier Mobis India Ltd. in Tamil Nadu's Kancheepuram district, according to a Monday filing.The facility supplies audio components and certain automotive parts to Hyundai Motor India. The company said the incident may cause a temporary disruption to production.No fatalities were reported. Hyundai said it has sufficient vehicle inventory at dealerships to meet customer demand.The company's shares fell nearly 2% in recent trade.
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) has an average rating of overweight and mean price target of 2,247.41 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
