Hyundai Motor India Share Price Gains After September Sales Hit Record High

  • Updated: 01 Oct 2026, 1:29 PM IST
  • 3 Min. Read

Hyundai Motor India Share Price Gains After September Sales Hit Record High
Hyundai Motor India shares rise after September sales hit a record 77,916 units, up 10.8% YoY.

Hyundai Motor India reported record September sales of 77,916 units, with domestic volumes rising 10.9% and exports increasing 10.4%. Management expects customer demand to remain firm through the festive season and is targeting 8–10% volume growth in FY27.

Hyundai Motor India shares recovered on Thursday after the automaker reported its highest-ever monthly sales in September. The stock was trading at ₹2,050.20, up 0.95%, according to market data at 11:36 AM on October 1. It had opened at ₹2,031 and slipped to an intraday low of ₹2,002.90 before recovering.

The recovery came as the broader auto sector remained under pressure following September sales updates from major automakers. The Nifty Auto index fell more than 3% during the session, with Bajaj Auto, Mahindra & Mahindra and other auto stocks coming under selling pressure.

Hyundai Motor India reported total September sales of 77,916 units, including domestic sales and exports, marking a 10.8% year-on-year increase. Domestic sales rose 10.9% to 57,166 units, while exports increased 10.4% to 20,750 units. The September figure surpassed the company's previous monthly sales record set in July 2026.

Hyundai Motor India's domestic sales increased to 57,166 units in September from the year-ago period, while exports stood at 20,750 units. The combined volume was the company's highest monthly sales since it began operations in India.

The September number was also higher than the 65,796 units sold in August. Domestic sales increased from 54,396 units in August, while exports rose from 11,400 units.

The company said customer enthusiasm is expected to continue through the upcoming festive season, supported by new bookings. Hyundai has also opened bookings for the Bayon ahead of the festive period.

Tarun Garg, MD and CEO of Hyundai Motor India, said the September performance reflected growth across both the domestic and export markets. He attributed the record monthly performance to the appeal of the company's product portfolio and its focus on the Indian and international markets.

Garg also said the company expects customer demand to remain strong during the festive season.

The September performance follows a weaker first quarter. Hyundai Motor India's overall sales declined 1.3% year on year to 1,78,202 units in Q1 FY27. Exports were affected by the West Asia crisis, with the company selling 38,708 units overseas in the quarter compared with 48,140 units a year earlier.

At its Q1 FY27 results, Hyundai said it was targeting 8–10% year-on-year volume growth for FY27 across domestic and export markets. The company expects industry growth to moderate in the second half of the financial year, while it is targeting further market-share gains after holding around 12–13% share in FY26. Hyundai's official Q1 commentary also retained the 8–10% FY27 volume-growth guidance.

The September sales update came after a weak session for Hyundai Motor India shares on September 30. The stock had closed at ₹2,031 on Wednesday, down 3.29%, after trading between ₹2,026.70 and ₹2,084.60.

On October 1, the stock initially extended the decline to ₹2,002.90 before recovering above the previous close. At 11:36 AM, shares were at ₹2,050.20, up 0.95% on the NSE.

The move came even as the broader auto pack remained weak, making Hyundai's positive reaction distinct from several other automobile stocks following their September sales announcements.

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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

About the Author
Rochelle Britto
Rochelle Britto

Rochelle Britto has spent 8+ years decoding India's markets, businesses, and consumer economy, reporting for ET Prime and Times Internet along the way, covering the stories behind the numbers.

A Mumbai native and perpetual planner of the next holiday, she stays far, far away from the eternal question, “Where are we going next?” When she's not chasing headlines, she's chasing new cultures, open roads, and a bit of quiet in nature.

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