Hyundai Motor India shares in focus as firm enters commercial mobility segment with Prime taxi range launch; stock up 28% YTD

Hyundai Motor India shares will be in focus as the auto major entered the commercial mobility segment with the launch of its Prime taxi range, which includes Prime HB (hatchback) and Prime SD (sedan), the company said on Tuesday, December 30.

“Purpose-built to address the evolving needs of fleet operators and taxi entrepreneurs, the Prime range combines Hyundai’s hallmark trust, reliability, low cost of ownership and superior comfort with strong earning potential,” it said in a regulatory filing.

The company said that customers will be able to book the Hyundai Prime Taxi range by paying a booking amount of ₹5,000 across all Hyundai dealerships in India.

Both Prime HB and Prime SD are available in 1.2L Kappa 4-cylinder petrol and CNG engines, it stated, adding that the models are being offered at starting prices of ₹5,99,990 for Prime HB3 and ₹6,89,900 for Prime SD4.

Commenting on the development, Tarun Garg, Managing Director & CEO designate, Hyundai Motor India, said: “With the introduction of Prime HB and Prime SD, HMIL is proud to enter the commercial mobility space with products that are engineered for trust, reliability, and good earning potential. Fleet operators and taxi drivers look for vehicles that deliver maximum uptime, predictable maintenance, and low operating costs, and the Hyundai Prime range has been developed precisely with these priorities in mind.”

The company stated that both models have extended warranty packages of fourth and fifth year or 180,000 kilometres, whichever comes first, along with “lower total cost ownership” at 47 paise/km5.

“Flexible finance solutions with repayment tenure of up to 72 months further enhance accessibility for first-time and expanding fleet operators,” it added.

Hyundai Motor India said that an “exclusively” trained fleet care advisor (FCA) would be available to attend taxi and fleet customers at the Hyundai dealerships.

“Backed by Hyundai’s extensive service network, attractive warranty, maintenance packages, low cost of ownership and flexible finance solutions, Prime HB and Prime SD will enable our commercial customers to enhance earnings while offering safe and comfortable mobility to passengers. This marks an important step in extending Hyundai’s promise of hassle-free ownership to the commercial segment as well,” Garg said.

Hyundai Motor India's stock performance

Shares of Hyundai Motor India Ltd closed 0.88% lower at ₹2,300.90 per unit on the National Stock Exchange (NSE) on Tuesday.

The scrip has lost nearly 1% in the past week and more than 1% over the month. On a year-to-date basis, it has surged approximately 28%.

Hyundai Motors India Q2 earnings

The carmaker had reported a14.31% year-on-year (YoY) jump in its consolidated profit after tax (PAT) to ₹1,572.3 crore for the September quarter of FY26, compared to ₹1,375.5 crore in the year-ago period.

During the quarter under review, its revenue from operations witnessed a 1.16% annual increase to ₹17,460.8 crore, as against ₹17,260.4 crore in the second quarter of FY25.

Hyundai Motors India has a total market capitalisation of ₹1.87 lakh crore, as of December 30, 2025, according to data on the NSE.