Hyundai Motor India stock: 13% upside? Nomura flags 3 BIG triggers for the auto giant

Nomura gave a Buy rating to Hyundai Motor India with a target price of Rs 2,498. The brokerage said the company remains confident of delivering 8-10 per cent volume growth in FY27. New model launches and better operating leverage should help the automaker as shares fell 0.31 per cent Monday.