Hyundai Motor India shares up by more than 1% today

Hyundai Motor India shares are gaining today. At 2:35 p.m. IST, 24^th September, 2025, its stock is up by 1.34%, trading at Rs 2,757.90. Nifty 50 index is down by 0.33% at this time.

Company records high sales on Day 1 of lower GST

Hyundai Motor’s stock is gaining today because smaller cars are seeing sharp rise in demand since lower GST rates came into effect on 22^nd September. GST on smaller cars has been reduced to 18% from 28%. Smaller cars are cars that are of less than 4 meters in length and have engines of up to 1200 cc for petrol versions and of up to 1500 cc for diesel versions.

Popular Hyundai cars such as i10 and i20 have seen their prices go down because of lower GST rate. Due to this, on the very first of the GST rate cut, 22^nd September, Hyundai’s dealers recorded sales of 11,000 new cars.

Stock has outperformed Nifty 50 by a wide margin, in 2025

In the past 5 days, Hyundai Motor India’s shares have gone up by 4.39%. In the past one month, the stock has gained 11.71%. Year to date in 2025, the stock has gained 53.50%. In this period, Nifty 50 index gained 5.75%. The stock has outperformed the Nifty 50 by more than 47% in 2025. With the GST rate cut boost, the stock is likely to perform well in the foreseeable future. 52-week high price of the stock currently is Rs 2,890. 52- week low price of the stock is Rs 1,541.70.

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Source: NSE