Hyundai Motor share surge 2% post Stanley & JPMorgan initiate coverage
Wed, Nov 27, 2024 1:10 PM

Hyundai Motor share surge 2% post Stanley & JPMorgan initiate coverage

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Hyundai Motor India shares rose by nearly 2% to the day's high of Rs 1,926 on the BSE after Morgan Stanley and JPMorgan initiated coverage. JPMorgan and Morgan Stanley have initiated coverage on the automaker with an overweight rating, citing its strong growth potential, strategic positioning in the SUV and electric vehicle (EV) segments, and promising valuation metrics.

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