Hyundai Motor India shares turn positive after reporting highest ever monthly sales in September

Hyundai Motors India share price bounced back from the intraday lows on Thursday after company robust monthly sales data for September. The shares traded 0.2% higher at ₹2,042 apiece on the NSE, after hitting ₹2,002 apiece on Thursday. On a YTD basis, the shares have deliverred -11% returns in the year.

The investor confidence was bolstered on Thursday after company said, its monthly sales data for September jumped 10.8% YoY to 77,916 units. The company also said that this is the highest ever monthly sales achieved by the company.

The sales growth was boosted by 10.9% growth in domestic sales at 57,166 units and 20,750 units from the exports.

Commenting on the robust sales growth, Mr. Tarun Garg, MD & CEO - HMIL, said, “We are delighted to close September 2026 with our highest-ever total monthly sales of 77,916 units (domestic + exports), registering a healthy doubledigit growth of 10.8% YoY. This number surpasses our previous record achieved in July 2026”.

He further added, “The well-rounded growth across domestic and exports markets is a testament to the strong appeal of our product portfolio and our commitment to delivering world-class mobility solutions in India and across global markets”.

Besides this the company expects the customer enthusiasm to continue during the upcoming festive season, supported by new bookings.

In Q1FY27, the company’s overall sales declined by 1.3% YoY to 178,202 units West Asia crisis impacted the export sales segment. The company sold 38,708 units in Q1FY27 vs 48,140 units in the same period last year.

Management commentary in Q1 concall

The company expects 8-10% growth for FY27, supported by both domestic and international markets tied to normalisation of demand, new launches. However, the overall industry growth to be slower in H2 in lower single digits and 6%-9% for the entire year. Despite all of this, the company expects to do better in market share gains in FY27 after holding ~12%-13% market share in FY26.