Hyundai Motor India shares decline over 4% on profit booking after hitting record high

Last seen at 1:08 PM, shares of Hyundai Motor India were trading 1.95% lower at ₹2,531 apiece on the NSE.

In the previous two sessions, the stock had surged 15.5%, pushing its one-month return to 18.2% and extending its three-month gains to 33.1%. On 19 August 2025, Hyundai Motor India touched an all-time high of ₹2,624.30 before easing.

The decline comes after a sustained uptrend as the stock touched it all-time high of ₹2,624 in the previous session, with traders attributing the move to profit-taking following the recent steep rise in the stock.

Hyundai stock rallies as GST reform hopes lift auto sector sentiment

Hyundai Motor India, the country’s second-largest passenger vehicle manufacturer after Maruti Suzuki by sales volume, has seen its stock advance for the second straight day on Tuesday, August 19. The rise comes after the government announced plans to introduce next-generation GST reforms by Diwali 2025, which include rationalisation of GST rates.

Analysts suggest that the proposed GST 2.0 could cut automobile GST rates to 18% from the existing 28%, potentially lowering car prices and boosting sales in the upcoming festive season. Shares of Hyundai Motor have surged more than 13% over the past two sessions, taking its market capitalisation past ₹2 lakh crore.

Hyundai Motor India Q1 results

Hyundai Motor reported an 8% year-on-year (YoY) fall in profit after tax (PAT) to ₹1,369 crore in the first quarter of FY26. In the corresponding period last year, its profit was at ₹1,489.6 crore. The automaker's revenue from operations declined 5.4% YoY to ₹16,413 crore from ₹17,344 crore in the year-ago period. The company reported an 11.5% YoY drop in domestic sales to 1.32 lakh units for the quarter ended June 30, 2025. Meanwhile, its exports rose 13% YoY to 48,140 units. The overall volumes slipped 6.1% YoY at 1.80 lakh units during the quarter.

As of 1:22 pm, Hyundai shares traded 2.09% lower at ₹2,530, underperforming the NIFTY50 index which was up 0.24%.