Hyundai Motor shares jump 6% even as Q2 net profit declines 24% YoY. Why Nomura, other brokerages remain bullish?

Hyundai Motor India shares rose despite a sharp decline in Q2 FY27 profit as rising commodity costs squeezed margins. Nomura and Motilal Oswal retained their Buy ratings, citing new model launches, export growth and potential margin recovery.

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