Hyundai Motor India gains on EV push, GST 2.0 tailwinds
Hyundai Motor India shares extended gains as SEBI-registered analyst Pradeep Carpenter issued a buy call, citing GST 2.0 tax reforms, rising EV adoption, and strong financials. Hyundai, with over 15% PV market share, is expanding its premium and EV lineup. Technically, a breakout above ₹2,565 could open upside toward ₹2,850, with support at ₹2,400.