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Hyundai Motor India shares rebounded 6% to Rs 1,929 on October 23 after a disappointing market debut, where they listed at a discount and closed over 7% lower. Despite concerns about a slowdown in automobile demand, analysts remain optimistic, with Motilal Oswal setting a target of Rs 2,345, citing strong export growth and a diverse product range as key drivers for future performance.
Motilal Oswal
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Hyundai Motor India shares rebound after weak IPO debut amid analyst optimism
10:05 23.10.2024
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