The Economic Times

Hyundai Motor shares offer just 5% upside; Asit C Mehta initiates with Hold rating, flags 5 risks

Hyundai Motor India shares fell amid weak market sentiment, extending their one-month decline to about 21%. Asit C Mehta initiated coverage with a Hold rating and limited upside, citing concerns over market share erosion, weak domestic performance, and lack of fuel mix diversification.