# Hyundai India share price today (Hyundai Motor India Ltd, NSE: HYUNDAI)

> Hyundai India share price today: ₹2,030.00 at the NSE close on 3 November 2026, down 16.8% in a year. Hyundai Motor India (NSE: HYUNDAI) is worth ₹1,64,946 crore, trades at a P/E of 36.0 and has closed between ₹1,711.50 and ₹2,356.10 over the past 52 weeks. > Hyundai Motor India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. HYUNDAI · Auto - 4 Wheelers · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/hyundai-motor-india-ltd

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## Key numbers

- Business trend: Mixed, from fewer quarters than usual
- Price: ₹2,030.00 (−16.8% in a year)
- P/E: 36.0× (higher than 89% of the last 2 years)
- Revenue (Sep 2026): ₹20,696 Cr (+18.5% on a year ago)
- Profit (Sep 2026): ₹1,196 Cr (−23.9% on a year ago)
- Operating margin: 10.0% (−4.0 points on a year ago)
- ROCE: 38%, FY26
- ROIC: 33.8%, against a 12.0% cost of capital: +21.8 points

The main question: domestic institutions moved +4.7 percentage points over 7 quarters while the business went the other way. ## What is the Hyundai India share price today? Hyundai Motor India Ltd's share price was ₹2,030.00 at the close on 3 November 2026. It has been rising for 10 weeks. That is 1.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,712 and ₹2,356, and at that close it sat 49% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running. Over the last 2 years the share price moved +10% while the NIFTY 500 moved −4%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Hyundai India this quarter? 1. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 7.3% to 3.2% of the company by the September 2026 quarter. 2. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row From 7.7% to 11.9% of the company by the September 2026 quarter. ## What are Hyundai India's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Hyundai India reported revenue of ₹20,696 crore, up 18.5% from ₹17,461 crore a year earlier, and a profit of ₹1,196 crore, down 23.9% from ₹1,572 crore. ### Hyundai India results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹20,696 crore | ₹17,461 crore | +18.5% |
| Profit | ₹1,196 crore | ₹1,572 crore | −23.9% |
| Earnings per share | ₹14.72 | ₹19.35 | −23.9% |
| Operating margin | 10.0% | 14.0% | −4.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Hyundai India's management discussed these results on a call held on 28 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Hyundai India share price history? Hyundai India closed at ₹2,030.00 on 3 November 2026, down 16.8% from ₹2,438.70 a year earlier (31 October 2025). Its highest weekly close since October 2024 was ₹2,809.30 on 19 September 2025. ### Hyundai India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹1,850.00 | +9.7% |
| 1 month ago · 1 Oct 2026 | ₹2,024.00 | +0.3% |
| 6 months ago · 30 Apr 2026 | ₹1,817.60 | +11.7% |
| 1 year ago · 31 Oct 2025 | ₹2,438.70 | −16.8% |
| Earliest weekly close in our records · 25 Oct 2024 | ₹1,843.75 | +10.1% |
| Highest weekly close since October 2024 · 19 Sep 2025 | ₹2,809.30 | −27.7% |
| Lowest weekly close since October 2024 · 11 Apr 2025 | ₹1,629.80 | +24.6% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹2,356.10 | −13.8% |
| 52-week low (weekly close) · 2 Apr 2026 | ₹1,711.50 | +18.6% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (110 weekly closes from 25 October 2024 to 3 November 2026.)

## What is the latest news on Hyundai India? 3 Nov 2026: Hyundai India closed at ₹2,030.00, up 9.7% on the week and up 0.3% on the month. 28 Oct 2026: Hyundai India held its results call for July to September 2026. Management guided: FY27 domestic volume growth 8-10%, festive-led H2 outpacing industry framework retained. ### Earlier

- Results for July to September 2026: Revenue up 18.5% and profit down 23.9% on a year earlier. - 5 Aug 2026: ex-date for a dividend of ₹21 a share. ## What dividend does Hyundai India pay? Hyundai India paid ₹21 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.03% at the ₹2,030.00 close on 3 November 2026. The last was a dividend of ₹21 a share, ex-date 5 August 2026. ### Hyundai India dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 5 Aug 2026 | ₹21 | Dividend |
| 5 Aug 2025 | ₹21 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Hyundai Motor India Ltd paid out 31% of its profit as dividends in FY26, and it paid a dividend in each of its last 6 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Hyundai India management say on the latest results call? On the call for July to September 2026, held on 28 October 2026, Hyundai India's management guided: FY27 domestic volume growth 8-10%, festive-led H2 outpacing industry framework retained. > “We just calculated it. In fact, I think we need not achieve 13%; slightly above 12% would be enough to reach 11% EBITDA. That is point number one, and that is what we are working toward.”
> Tarun Garg, on the call for July to September 2026

### What management guided

- Full-year operating margin framework retained, H2 run-rate slightly above 12% to reach 11% low end with above 1% state incentive support. - H2 exports double-digit on a year earlier growth led by Venue doubling calendar volumes and Exter up 50% with Bayon shipments from Q4 to 50-plus markets. - Creta around 170,000 with Creta plus Bayon 250,000 annual domestic volumes seen conservative, Chennai use beyond 90% on two new models. - Bayon CNG variant this January and dedicated ground-up compact EV in January-February 2027. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/58123-28-Oct-2026.pdf). (From the call for July to September 2026, 28 October 2026.)

## What to watch in Hyundai India's next results? When Hyundai India reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Festive second-half domestic growth framework delivery and industry outperformance - check dispatches and rural-CNG momentum through December. - What to check (from the call)
- Festive second-half domestic growth framework delivery and industry outperformance - check dispatches and rural-CNG momentum through December. - H2 export pace and Middle East routing normalisation - check monthly volumes and Venue-Exter-Bayon shipment mix. - H2 margin run-rate repair toward full-year framework - check state incentive flow, export mix uplift and raw basket trend. ## Which stock lists is Hyundai India on? Hyundai India is not on any of our India lists this week. ## Is Hyundai India profitable? Hyundai Motor India Ltd earned ₹1,196 Cr of net profit in the Sep 2026 quarter, −23.9% on the same quarter a year earlier. Full-year FY26 profit was ₹5,432 Cr. Over 5 years profit has grown 23.6% a year on average. That is 5.8% of the quarter's revenue. The same quarter a year earlier earned ₹1,572 Cr. For the full year, FY26 profit was ₹5,432 Cr (−3.7% on the year before). Why profit moved: revenue changed +18.5% on a year earlier and the margin moved −4.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −18.7% and revenue +7.8%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Hyundai India make, and is it growing? Hyundai Motor India Ltd reported ₹20,696 Cr of revenue in the Sep 2026 quarter, +18.5% on the same quarter a year earlier. Over 5 years it has grown 11.5% a year on average. The last full year, FY26, came in at ₹70,763 Cr. The last four reported quarters add to ₹73,920 Cr. FY26 revenue was ₹70,763 Cr, +2.3% on the year before. Recent pace: the last four quarters grew +7.8% on average, against 11.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +8.0%, against +3.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −20.0%, against −12.4% a year (rolling over). ## How much of every ₹100 of sales does Hyundai India keep? Hyundai Motor India Ltd's operating margin was 10.0% in the Sep 2026 quarter, 4.0 percentage points lower than the same quarter a year ago. Across 6 years it has been between 10.0% and 13.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −4.4 percentage points on the year while gross margin changed −3.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Hyundai India's profit turning into cash? Over the last 3 years, 122% of Hyundai Motor India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹7,321 Cr of operating cash against ₹5,432 Cr of profit. After ₹4,170 Cr of spending on assets, ₹3,151 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 122% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building. ## Where does Hyundai India's cash go? Hyundai Motor India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −15 days in FY26, up from −19 days in FY21. It spent ₹12,819 Cr on assets over the last 3 years. Customers take 11 days to pay, and stock sits for 26 days on average. At FY26 sales of ₹70,763 Cr, each day of that cycle ties up about ₹194 Cr, so roughly −₹2,908 Cr is tied up in the business at any time. FY26: customers took 11 days to pay and stock sat for 26 days, about 0.9 months of sales sitting as stock, for a full cycle of −15 days, longer than FY21's −19. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 26 days. Customers pay about 11 days after that. Suppliers are paid at 52 days. Together that makes the −15-day cycle. Spending on assets: ₹12,819 Cr over the last 3 years, against ₹6,511 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹725 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Hyundai India's P/E ratio, and how does it compare with its own history? Hyundai Motor India Ltd's P/E is 36.0×, near the high end of its own history: higher than 89% of past readings. Its usual P/E (the middle reading) is 29.5×, over 2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −3.7% while the price moved −16.8%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Hyundai India business getting better or worse? Hyundai Motor India Ltd's business is giving mixed signals. Revenue growth is rising at +18.5% (from single-quarter figures) while profit growth is falling at −23.9% (from single-quarter figures), so the lines disagree and each one tells part of the story. This is based on 11 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Hyundai India earn on its capital? Hyundai Motor India Ltd earned a ROCE of 38% in FY26. That is up from a low of 23% in FY22. Its return on capital used (ROIC) is 21.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.7% net margin and 2.06× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.7% net margin × 2.06× asset turnover × 1.72× leverage (assets divided by equity) ≈ 27.3% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 33.8% − 12.0% = +21.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 33.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 39.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Hyundai India have too much debt? Hyundai Motor India Ltd has total debt of ₹636 Cr against shareholder equity of ₹20,375 Cr as of Sep 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.08 in FY24 to 0.05 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Hyundai India shareholding pattern? Domestic institutions raised their stake in Hyundai Motor India Ltd by 4.7 percentage points over 7 quarters, the biggest change among its owners. Domestic institutions now own 11.8% of the company. Foreign institutions moved −3.5 points over the same period, to 3.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +4.7 points over 7 quarters, to 11.8%; Foreign institutions: −3.5 points over 7 quarters, to 3.2%; Promoters: +0.0 points over 7 quarters, to 82.5%. Why the owners changed: foreign institutions moved −3.5 points and domestic institutions +4.7 points over 7 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Hyundai India from balance-sheet trouble? For Hyundai Motor India Ltd, the Z-score is 10.20. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 10.20 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Hyundai India rank in its industry? 41.9 out of 100, rank 3 of 4 in Auto - 4 Wheelers, with 75% of the evidence available. Hyundai Motor India Ltd scores 41.9 out of 100 against the 4 companies it is compared with in Auto - 4 Wheelers, ranking 3. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 5.8 + 20.3 + 7.7 + 8.1 = 41.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Hyundai India compared with? Hyundai India ranks 3 of 4 Auto - 4 Wheelers companies on the 4-Factor Sector Score, with 41.9 out of 100. 1. [Mahindra & Mahindra Ltd](https://www.sectoralpha.in/stocks/mahindra-mahindra-ltd) M&M · quiet · Most evidence points up · 93% evidence 68.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Revenue 26.2% · Profit 35.8% · Operating margin change 1 points · 88% evidence Capital efficiency 14.8/25 · ROCE 15.1% · Operating margin 19% · 100% evidence Valuation 17.3/20 · P/E 18.4× · PEG 0.6 · 85% evidence Relative strength 8.4/20 · Lead over its industry 0.9% · Lead over NIFTY 500 -9.2% · 1 year -18.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 28.1 + 14.8 + 17.3 + 8.4 = 68.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Maruti Suzuki India Ltd](https://www.sectoralpha.in/stocks/maruti-suzuki-india-ltd) MARUTI · basing · Evidence leans up · 82% evidence 50.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.6/35 · Revenue 29.6% · Profit -9% · Operating margin change -3 points · 100% evidence Capital efficiency 16.4/25 · ROCE 18.9% · Operating margin 9% · 100% evidence Valuation 13.8/20 · P/E 26.6× · PEG 1.61 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -13.9% · 1 year -29.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.6 + 16.4 + 13.8 + 7.5 = 50.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 3. Hyundai Motor India Ltd this page HYUNDAI · quiet · Evidence leans down · 75% evidence 41.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.8/35 · Revenue 8% · Profit -20% · Operating margin change -4 points · 100% evidence Capital efficiency 20.3/25 · ROCE 38.4% · Operating margin 10% · 100% evidence Valuation 7.7/20 · P/E 33.9× · PEG 2.24 · 50% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -3.7% · 1 year -21.6% · 25% evidence · 8 of 12 weeks ahead Exact sum: 5.8 + 20.3 + 7.7 + 8.1 = 41.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Tata Motors Passenger Vehicles Ltd](https://www.sectoralpha.in/stocks/tata-motors-passenger-vehicles-ltd) TMPV · quiet · Most evidence points down · 68% evidence 31.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.6/35 · Revenue -5.6% · Profit 100% · Operating margin change -3 points · 83% evidence Capital efficiency 6.5/25 · ROCE 2.7% · Operating margin 6% · 76% evidence Valuation 10.0/20 · P/E 98.1× · PEG n/a · 0% evidence Relative strength 2.2/20 · Lead over its industry -9.3% · Lead over NIFTY 500 -18.3% · 1 year -35.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 12.6 + 6.5 + 10 + 2.2 = 31.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Auto - 4 Wheelers](https://www.sectoralpha.in/sectors/auto-4-wheelers), all 4 compared on one page. ## Which companies are close to Hyundai India in size? Hyundai India is the 3rd largest of 4 Auto - 4 Wheelers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Maruti Suzuki India and Mahindra & Mahindra. Just below it: Tata Motors Passenger Vehicles. ### Auto - 4 Wheelers companies close in size

1. [Maruti Suzuki India Ltd](https://www.sectoralpha.in/stocks/maruti-suzuki-india-ltd) ₹3,58,325 crore
2. [Mahindra & Mahindra Ltd](https://www.sectoralpha.in/stocks/mahindra-mahindra-ltd) ₹3,53,199 crore
3. Hyundai Motor India Ltd ₹1,55,277 crore
4. [Tata Motors Passenger Vehicles Ltd](https://www.sectoralpha.in/stocks/tata-motors-passenger-vehicles-ltd) ₹97,747 crore

[All 4 Auto - 4 Wheelers companies, largest first](https://www.sectoralpha.in/sectors/auto-4-wheelers#all-companies)

### Companies close in size in other industries

1. [Adani Energy Solutions Ltd](https://www.sectoralpha.in/stocks/adani-energy-solutions-ltd) ₹1,65,038 crore · Power - Transmission/Equipment
2. [Trent Ltd](https://www.sectoralpha.in/stocks/trent-ltd) ₹1,60,892 crore · Textiles - Readymade Apparel
3. Hyundai Motor India Ltd ₹1,55,277 crore
4. [Pidilite Industries Ltd](https://www.sectoralpha.in/stocks/pidilite-industries-ltd) ₹1,48,870 crore · Speciality Chemicals
5. [Tata Motors Ltd](https://www.sectoralpha.in/stocks/tata-motors-ltd) ₹1,45,969 crore · Auto & Auto Ancl - CV

## What else do people ask about Hyundai India? ### What is Hyundai India's share price today? Hyundai Motor India Ltd's share price is ₹2,030.00, −16.8% over the past year. The whole company is worth ₹1,64,946 Cr on the market. In the last 52 weeks it traded between ₹1,712 to ₹2,356; today it is 49% of the way up from the low, 1.1% below its 200-day average (as of 3 November 2026). ### What were Hyundai India's latest quarterly results? Hyundai Motor India Ltd reported revenue of ₹20,696 Cr and net profit of ₹1,196 Cr for the Sep 2026 quarter. Revenue rose 18.5% and profit fell 23.9% compared with a year earlier. Earnings per share were ₹14.72. The operating margin was 10.0%, 4.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Hyundai India's market cap? Hyundai Motor India Ltd's market capitalisation is ₹1,64,946 Cr at a share price of ₹2,030.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Hyundai India performing? Hyundai Motor India Ltd's share price has been rising for 10 weeks. In its latest quarter, revenue rose 18.5% and profit fell 23.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 3 November 2026). ### Will Hyundai India's share price go up? This page does not forecast Hyundai Motor India Ltd's share price. What it shows instead: the share price is ₹2,030.00, and it has been rising for 10 weeks. Its P/E of 36.0× is higher than 89% of its own last 2 years (as of 3 November 2026). ### Does Hyundai India have too much debt? No, Hyundai Motor India Ltd has little debt: its debt is 0.05× its equity, and its operating profit is 81 times its interest bill. FY26 borrowings were ₹1,098 Cr against equity of ₹20,015 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Hyundai India in its business cycle? Hyundai Motor India Ltd's FY26 operating margin was 12.0%, against a 6-year range of 10.0% to 13.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Hyundai India story? The main question: domestic institutions moved +4.7 percentage points over 7 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Hyundai India a stock worth studying right now? What the numbers show: Hyundai Motor India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Hyundai India share price forecast for 2026? What management itself guided: FY27 domestic volume growth 8-10%, festive-led H2 outpacing industry framework retained. This is research, not advice. We’re not SEBI-registered.