CLSA has initiated coverage on Hyundai Motor India with an 'Outperform' rating and a target price of Rs 2,155, citing strong growth prospects amid strategic expansion. The firm notes the company's promising outlook with new capacity additions planned and competitive advantages, despite recent stock underperformance.CLSA initiates "Outperform" rating on Hyundai, sets target price of Rs 2,155
The Economic Times - 11 Jan 2025 10:26CLSA has initiated coverage on Hyundai Motor India with an 'Outperform' rating and a target price of Rs 2,155, citing strong growth prospects amid strategic expansion. The firm notes the company's promising outlook with new capacity additions planned and competitive advantages, despite recent stock underperformance.Share this Article
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