Hyundai Motor India shares rebound after 4-day slide: What's driving the stock price rise? Buy or book profits?
New Delhi, Sept. 25 -- Hyundai Motor India shares saw decent buying on Friday, 25 September, as the stock rose by more than 3% in intraday deals despite cautious market sentiment. Hyundai Motor India share price opened at Rs.2,030.10 against its previous close of Rs.2,062 and jumped 3.5% to an intraday high of Rs.2,134.05, looking set to snap its four-day losing streak. Meanwhile, the equity benchmark swung between gains and losses, hitting an intraday high and low of 73,801 and 73,478, respectively, till 1:40 PM.
Experts underscore that the stock is witnessing value buying today after the recent decline, mirroring the trend in several other auto stocks, such as Mahindra and Mahindra, Hero MotorCorp, and TVS Motor.
Anticipation of price...
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