Hyundai Motor India debuts in NIFTY Next 50, S&P BSE 500 among other indices

Hyundai Motor India Ltd today announced share inclusion in the NIFTY Next 50, NIFTY 100, NIFTY 500, S&P BSE 500 and other key capital market indices.

HMIL commenced trading on the Indian stock markets since its listing on October 22, 2024. However, the South Korean carmaker’s stock has declined 6% since the company's public market debut last year.

“As a listed entity, we are elated to cross yet another important milestone. By becoming a part of prestigious Indian capital market indices such as the NIFTY Next 50 and S&P BSE 500, we have fortified HMIL’s standing in the Indian stock exchanges, reinforcing its market presence and credibility. As India grows, HMIL will continue to grow intrinsically with it, along with a constant focus on driving innovation, improving operational efficiencies, and making strategic investments that will strengthen our business outlook and contribute to the growth of the Indian economy,” said Unsoo Kim, Managing Director at HMIL.

The National Stock Exchange of India (NSE) has included Hyundai Motor India Limited in its coveted NIFTY Next 50 index, Broad Market Indices & Thematic Indices, the automaker said. In the recent Morgan Stanley Capital International (MSCI) rejig which took place on February 28, 2025, HMIL was the only large cap from India to be included to the MSCI Global Standard Index.

During the calendar year 2024, HMIL achieved highest-ever yearly domestic sales of 6,05,433 vehicles, marking the third consecutive year of this accomplishment.

Hyundai Motor India has announced a price hike of up to 3% on cars and sport utility vehicles (SUVs) from April 2025. The South Korean carmaker announced the price increase owing to rising input cost, increased commodity prices and higher operational expenses, amongst other reasons. The quantum of price increase will vary basis the variants and models, it said.

“At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment,” said Tarun Garg, whole-time director and chief operating officer, HMIL.

“We remain committed to making consistent internal efforts to minimise any future impact on our valued customers,” the automaker said.

South Korean carmaker Kia India, also a subsidiary of Hyundai Motor Company, announced up to 3% price hike across its entire line-up. The price hike, effective from April 1, 2025, is primarily due to rising commodity prices and escalating supply chain-related costs.