Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Hyundai Motor India Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1946.9, down 2.12% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.85% on the day, quoting at 22583.4. The Sensex is at 72582.88, down 0.66%.Hyundai Motor India Ltd has eased around 12.3% in last one month.Meanwhile, Nifty Auto index of which Hyundai Motor India Ltd is a constituent, has eased around 9.53% in last one month and is currently quoting at 25541.95, down 1.62% on the day. The volume in the stock stood at 3.8 lakh shares today, compared to the daily average of 6.71 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 1942.6, down 1.95% on the day. Hyundai Motor India Ltd tumbled 21.3% in last one year as compared to a 9.83% slide in NIFTY and a 5.26% fall in the Nifty Auto index.
The PE of the stock is 33.2 based on TTM earnings ending June 26.
Hyundai Motor India (HMIL) reported highest ever monthly total sales (domestic + exports) since inception of 77,916 units in September 2026 with a robust YoY growth of 10.8%. This includes monthly domestic sales of 57,166 units (+10.9% YoY) and exports of 20,750 units (+10.4% YoY).
Commenting on September 2026 sales performance, 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 double digit growth of 10.8% YoY. This number surpasses our previous record achieved in July 2026.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. Going ahead, we are expecting sustained customer enthusiasm during the festive season, also supported by the opening of bookings for the Hyundai BAYON, our upcoming all-new nameplate for India.”
While the company's domestic sales increased by 10.9% YoY to 57,166 units, exports improved by 10.4% YoY to 20,750 units in September 2026.
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 double digit growth of 10.8% YoY. This number surpasses our previous record achieved in July 2026.
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.
Going ahead, we are expecting sustained customer enthusiasm during the festive season, also supported by the opening of bookings for the Hyundai BAYON, our upcoming all-new nameplate for India.”
Hyundai Motor India manufactures and sells passenger cars, along with vehicle parts and accessories.
The company has reported 35.1% drop in consolidated net profit to Rs 888.6 crore in Q1 FY27 from Rs 1,369.2 crore in Q1 FY26. Revenue for the period under review was Rs 16,334.6 crore, down 0.5% YoY.
Metal shares declined for second consecutive trading sessions.
At 11:25 IST, the barometer index, the S&P BSE Sensex declined 173.12 points or 0.24% to 72,325.38. The Nifty 50 index fell 87.80 points or 0.39% to 22,530.05.
In the broader market, the BSE 150 MidCap Index shed 0.43% and the BSE 250 SmallCap Index dropped 0.72%.
The market breadth was weak. On the BSE, 1,396 shares rose and 2,574 shares fell. A total of 255 shares were unchanged.
The Indian stock market will remain closed on Friday, 2 October 2026, on account of Mahatma Gandhi Jayanti.
Economy:
The government has reduced the windfall gains tax on exports of diesel and aviation turbine fuel (ATF) for the fortnight beginning 1 October 2026, while keeping the levy on petrol exports unchanged. The special additional excise duty (SAED), along with road and infrastructure cess, on diesel exports has been cut to Rs 16 per litre from Rs 20 per litre, while the levy on ATF exports has been reduced to Rs 10.5 per litre from Rs 15 per litre. The duty on petrol exports remains unchanged at Rs 0.5 per litre. The Finance Ministry said there is no change in the existing duty rates on petrol and diesel cleared for domestic consumption.
The seasonally adjusted HSBC India Manufacturing PMI rose to 55.1 in September from 52.8 in August, marking the strongest improvement in the sector’s health in seven months. The September data indicated a recovery in growth momentum across India’s manufacturing sector, supported by faster increases in new orders and output, which also contributed to job creation and inventory accumulation.
IPO Update:
Nityas Gems & Jewellery received bids for 47,33,200 shares as against 1,44,56,000 shares on offer, according to stock exchange data at 11:25 IST on 1 October 2026. The issue was subscribed 0.33 times.
The issue opened for bidding on 30 September 2026 and will close on 5 October 2026. The price band of the IPO is fixed between Rs 70 and 75 per share. An investor can bid for a minimum of 200 equity shares and multiples thereof.
Vishal Nirmiti received bids for 20,13,684 shares as against 84,71,153 shares on offer, according to stock exchange data at 11:25 IST on 1 October 2026. The issue was subscribed 0.24 times.
The issue opened for bidding on 30 September 2026 and will close on 5 October 2026. The price band of the IPO is fixed between Rs 208 and 220 per share. An investor can bid for a minimum of 68 equity shares and multiples thereof.
Buzzing Index:
The Nifty Metal index fell 1.07% to 12,623.35. The index declined 2.56% in the two consecutive trading sessions.
Lloyds Metals & Energy (down 2.81%), Hindustan Copper (down 2.33%), Vedanta (down 2.22%), Vedanta Aluminium Metal (down 1.85%), Jindal Steel (down 1.71%) were the top losers. Among the other losers were Jindal Stainless (down 1.44%), National Aluminium Company (down 1.42%), APL Apollo Tubes (down 1.38%), Steel Authority of India (down 1.25%) and Hindustan Zinc (down 0.91%) declined.
Stocks in Spotlight:
Hyundai Motor India added 1.02% to Rs 2052.90 after the company's monthly total sales rose by 10.8% to 77,916 units in September 2026 from 70,347 units in September 2025.
Molbio Diagnostics surged 3.98% to Rs 1,361 after HDFC Mutual Fund purchased 23 lakh shares of the company through a bulk deal on the BSE. According to bulk deal data for 30 September 2026, HDFC Mutual Fund bought 23 lakh shares, representing a 2% stake in Molbio Diagnostics, at Rs 1,315 per share.
Global Market:
Asian shares advanced on Thursday, with mainland China and Hong Kong markets closed for holidays.
US stocks ended mixed on Wednesday after data showed that inflation rose less than expected in August, easing expectations of an immediate Federal Reserve rate hike.
However, elevated Treasury yields limited gains. The Dow Jones Industrial Average declined 443.87 points, or 0.86%, to 50,906.05, while the S&P 500 fell 19.30 points, or 0.25%, to 7,651.54. The Nasdaq Composite rose 63.52 points, or 0.24%, to 26,861.06.
US inflation, as measured by the Personal Consumption Expenditures (PCE) price index, rose 0.3% month-on-month in August and 3.4% year-on-year. The annual increase was below economists’ expectations of 3.7%, helping reduce expectations of a Federal Reserve rate hike at the October meeting. Core PCE inflation rose 3% year-on-year.
Micron Technology reported record fiscal fourth-quarter revenue of $54.23 billion and non-GAAP earnings of $33.42 per share. The company forecast adjusted EPS of $38.15 at the midpoint for the current quarter, above market expectations. Its shares initially gained in after-hours trading before paring the move.
Crude oil prices traded lower, with Brent crude futures down 0.24% at $97.79 a barrel. Oil prices remained a key focus for investors amid ongoing geopolitical tensions and concerns over energy supply.
Investors will next focus on the US nonfarm payrolls report for September, due on Friday, for further clues on the Federal Reserve’s interest-rate path.
Hyundai Motor India (HMIL) recorded total monthly sales (domestic + exports) of 65,796 units in August 2026, registering a YoY growth of 8.8%. The total sales comprised domestic sales of 54,396 units, up 23.6% YoY and exports of 11,400 units.
Commenting on August 2026 sales results, Tarun Garg, MD & CEO - HMIL, said, “We continue to sustain strong growth momentum in FY2027, with domestic sales growing by 12.6% YoY during the April-August period. Our August domestic sales of 54,396 units (+23.6% YoY), the highest-ever figure for any August month, reflect the popularity of Hyundai's versatile product portfolio. While total exports in August were impacted by logistical constraints arising from the ongoing conflict in West Asia and the broader geo-political environment during the month, we remain optimistic that export demand will continue to be strong in the coming months as the geo-political situation improves.”
Crisil Ratings stated that the ratings continues to reflect the company’s established position in domestic and overseas passenger car markets, robust financial risk profile and strong liquidity.
The factors also factor in the strong support from the parent, Hyundai Motor Company (HMC).
In fiscal 2026, HMIL’s overall volume marginally increased by 2% on account of improved business volumes, particularly during the second half of the fiscal year, on the back of goods and services tax (GST) rate rationalisation in September. As a result, revenue of HMIL increased to Rs 70,763 crore in fiscal 2026 from Rs 69,193 crore in fiscal 2025.
Sustained volume offtake supported by new model launches, especially in the sports utility vehicle (SUV) segment, along with moderate price hikes is expected to support volume growth in fiscal 2027, with revenues expected above Rs 75,000 crore.
Operating profitability moderated to 11.7% in fiscal 2026 from 12.6% in fiscal 2025 owing to input cost pressures. With sustained volume growth improving the product mix and calibrated price hikes, HMIL is expected to sustain the operating margin at healthy levels over the near to medium term.
The financial risk profile remains robust, supported by negligible debt and strong liquidity driven by annual cash accrual, with sizeable cash surplus and bank balance (Rs 10,552 crore as on 31 March 2026). Capital expenditure (capex) spend in fiscal 2026 was largely met through available surplus and annual cash accrual.
These strengths are partially offset by susceptibility to intense competition in the domestic passenger vehicle (PV) industry and fluctuations in foreign exchange (forex) rates.
Hyundai Motor India (HMIL) is the fourth-largest player in the Indian passenger vehicle (PV) industry and the second-largest exporter of PVs. The company has access to Hyundai Motor Company's (HMC's) technology and large product portfolio and pays royalty to the parent on both domestic and overseas sales.
The scrip had shed 0.14% to end at Rs 2219 on the BSE on Friday.
Bandhan Bank, Manappuram Finance and SAIL barred from fresh F&O positions on 20 August 2026.
Stocks to Watch:
Aditya Infotech’s board approved raising funds through the issuance of securities via one or more permissible modes, including public issue(s) and qualified institutions placement (QIP), subject to necessary shareholder and regulatory approvals.
HDFC Life Insurance Company announced said the Insurance Regulatory and Development Authority of India (IRDAI) has approved the reappointment of Vibha Padalkar as managing director and chief executive officer for a further five-year term, effective 12 September 2026.
Hyundai Motor India has planned to increase the prices of its vehicles by up to 1% across its portfolio, effective September 2026. The quantum of increase will vary depending on the model and variant.
Kolte-Patil Developers announced that its board has approved the appointment of Hrishikesh Parandekar as chief executive officer (CEO) with effect from 24 August 2026.
Fedbank Financial Services’ board is scheduled to meet on Tuesday, 25 August 2026, to consider raising funds by debt instruments including non-convertible debentures (NCDs) (either Indian currency / foreign currency) not exceeding Rs 2,500 crore as a part of the proposed increase in the overall borrowing limit.
EMS has received the lowest bidder (L-1) status awarded by Public Health Engineering Department, Government of Rajasthan for construction of a 100 MLD Water Treatment Plant and other ancillary works in Kota, Rajasthan. The said contract is valued at Rs 190.86 crore.
The price revision has been necessitated by a combination of rising input and commodity costs, higher operational expenses and continuing geopolitical and macroeconomic uncertainties, among other factors.
Ashok Leyland Ltd rose 2.77% today to trade at Rs 170.7. The BSE Auto index is up 1.26% to quote at 64062.3. The index is up 7.19 % over last one month. Among the other constituents of the index, Hyundai Motor India Ltd increased 1.86% and Tata Motors Passenger Vehicles Ltd added 1.34% on the day. The BSE Auto index went up 22.36 % over last one year compared to the 2.13% fall in benchmark SENSEX.
Ashok Leyland Ltd has added 3.9% over last one month compared to 7.19% gain in BSE Auto index and 1.44% rise in the SENSEX. On the BSE, 77821 shares were traded in the counter so far compared with average daily volumes of 11.29 lakh shares in the past one month. The stock hit a record high of Rs 215.35 on 11 Feb 2026. The stock hit a 52-week low of Rs 115 on 11 Aug 2025.