Hyundai Motor India Limited announces up to 3% Price Increase effective April 2025

Hyundai Motor India Limited (HMIL) today announced an increase of prices up to 3% which will be effective in April 2025. The company announced the price increase owing to rising input cost, increased commodity prices and higher operational expenses, amongst other reasons. The quantum of price increase will vary basis the variants and models.

Commenting on the development, Mr. Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, "At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment. The price increase will be effective in April 2025. We remain committed to making consistent internal efforts to minimise any future impact on our valued customers."

Shares of Hyundai Motor India Limited was last trading in BSE at Rs. 1580.30 as compared to the previous close of Rs. 1596.50. The total number of shares traded during the day was 55655 in over 4564 trades.

The stock hit an intraday high of Rs. 1605.00 and intraday low of 1551.40. The net turnover during the day was Rs. 87438168.00.

Source : Equity Bulls

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HyundaiMotorIndia INE0V6F01027 PassengerCars UtilityVehicles PriceIncrease