Hyundai Motor has recently announced that it will be raising prices for all of its models starting from January 1, 2025. This decision is a response to the increasing costs of inputs and logistics, as well as unfavorable exchange rates.

The company has stated that this price adjustment is necessary in order to offset the impact of these rising costs. Tarun Garg, the Whole-time Director and Chief Operating Officer of Hyundai Motor India Limited, has emphasized that the sustained increase in input costs has made it necessary to implement a minor price adjustment. The extent of the increase will vary depending on the model, with a maximum rise of up to Rs 25,000 for the MY25 models.

In terms of market activity, Hyundai Motor's shares have remained relatively stable, with a slight increase of 0.42% to Rs 1,880 per share on the NSE. However, the stock is still trading over 4% below its IPO price of Rs 1,960 per share.