Hyundai Motor India share value to stay in concentrate on Tuesday; right here’s why. Do you have to purchase?

Hyundai Motor India (HMIL) share value will stay in concentrate on Tuesday’s buying and selling session after the corporate introduced share inclusion within the NIFTY Subsequent 50, NIFTY 100, NIFTY 500, S&P BSE 500 and different key capital market indices, on March 28.

On Friday, Hyundai Motor India inventory was buying and selling 3 per cent decrease on Friday to shut at ₹1,705.90 apiece. The inventory has been declining from previous 5 buying and selling session, fell over 2.30 per cent.

“As a listed entity, we’re elated to cross yet one more vital milestone. By turning into part of prestigious Indian capital market indices such because the NIFTY Subsequent 50 and S&P BSE 500, we’ve fortified HMIL’s standing within the Indian inventory exchanges, reinforcing its market presence and credibility. As India grows, HMIL will proceed to develop intrinsically with it, together with a continuing concentrate on driving innovation, enhancing operational efficiencies, and making strategic investments that may strengthen our enterprise outlook and contribute to the expansion of the Indian economic system,” mentioned Unsoo Kim, Managing Director – HMIL.

Nationwide Inventory Alternate of India Ltd. (NSE) has included Hyundai Motor India Restricted in its coveted NIFTY Subsequent 50 index, Broad Market Indices & Thematic Indices. Within the current Morgan Stanley Capital Worldwide (MSCI) rejig which passed off on February 28, 2025, HMIL was the one giant cap from India to be included to the MSCI World Commonplace Index.

Moreover, HMIL has been added to a number of BSE indices, together with the BSE 500, BSE All Cap, BSE Giant Cap, and BSE Giant Midcap, amongst others, efficient March 24.

Throughout the Calendar 12 months 2024, HMIL achieved highest-ever yearly home gross sales of 6,05,433 autos, marking the third consecutive 12 months of this accomplishment, which underscores HMIL’s robust market positioning.

Hyundai Motor India inventory efficiency

Hyundai Motor India listed on the Indian inventory market on October 22, 2024, marking the most important IPO in India’s historical past. The inventory was listed at a reduction of 1.5 per cent at ₹1,934 apiece on NSE and ₹1,931 on BSE.

The inventory has remained within the pink since its itemizing, struggling to realize investor confidence. HMIL share value has fallen over 7.48 per cent since its itemizing in October final 12 months.

In over a month, the share has descended over 1.39 per cent amid weak market sentiments.

Do you have to purchase or promote?

On the technical aspect, Hyundai Motor share value is exhibiting weak point and analysts advise to be careful for a breakdown at ₹1,640 stage.

“Hyundai Motor share value swept the swing low at ₹1,600 in early March and rallied sharply to ₹1,800 however did not surpass the important thing resistance at ₹1,950. The auto inventory is now exhibiting indicators of a decrease excessive formation, indicating potential weak point. A confirmed break and maintain beneath ₹1,640 will validate the bearish construction, resulting in a decline towards ₹1,400 ranges,” mentioned Anshul Jain, Head of Analysis at Lakshmishree Funding.

He advises merchants to look at for value motion round ₹1,640, as a breakdown beneath this zone may speed up promoting stress within the coming periods.

Disclaimer: This story is for academic functions solely. The views and suggestions above are these of particular person analysts or broking firms, not Mint. We advise buyers to verify with licensed consultants earlier than making any funding selections.