While domestic sales fell 2.4% to 48,246 units, total exports tumbled 20.5% to 13,006 units in November 2024 over November 2023. Overall SUV contribution to domestic sales continues to stay strong at 68.8% in November 2024. CNG contribution was 14.4% in November 2024, backed by innovative Hy-CNG Duo technology. Tarun Garg, whole-time director and chief operating officer, HMIL said, 'HMIL's push towards fortifying SUV supremacy continued in November with SUVs contributing 68.8% of our total Domestic sales. We also bolstered HMIL's presence in the hinterland of India, by achieving highest ever monthly rural contribution of 22.1% in November. Our innovative Hy-CNG technology continues to strengthen HMIL's CNG sales, with a 14.4% contribution in November 2024.' Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured. The car manufacturer's consolidated net profit decreased 15.54% to Rs 1,375.47 crore on 7.5% slide in revenue from operations to Rs 17,260.38 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

HMIL signed a power purchase and shareholder agreement with Fourth Partner Energy (FPEL). This strategic partnership aims to enhance HMIL's renewable energy portfolio and transition to 100% renewable electricity across its manufacturing operations by 2025. As of June 2024, the auto major fulfils 63% of its energy requirements using renewable sources and aims to reach the 100% mark ahead of most automakers in the country. RE100 is a global corporate renewable energy initiative by the Climate Group, bringing together hundreds of large and ambitious businesses committed to 100% renewable electricity. As part of this partnership, HMIL will invest Rs 38 crore towards setting up these renewable energy plants in Tamil Nadu. These facilities will operate in a group captive mode with a special purpose vehicle (SPV) formed for engineering, procurement, construction, operations, and maintenance. HMIL will hold 26% and FPEL will hold 74% equity stake in the project. This long-term agreement will ensure a 25-year supply of renewable energy to HMIL. Gopalakrishnan Chathapuram Sivaramakrishnan, whole-time director & chief manufacturing officer, HMIL, said, 'Our collaboration with FPEL will help us achieve the RE100 benchmark by 2025. By harnessing the potential of wind and solar power, we are not only reducing our carbon footprint but also living true to our global vision of 'Progress for Humanity'. We believe this strategic collaboration will inspire other industries to embrace renewable energy and contribute to a sustainable future.' Vivek Subramanian, co-founder & executive director at Fourth Partner Energy, said, 'Through this agreement, we will be supplying HMIL with over 25 crore units of clean energy every year, which will help the company mitigate CO2 emissions by 2 lakh tons annually. Together, we are setting a precedent for responsible energy consumption and contributing meaningfully to India's renewable energy goals.' Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured. The car manufacturer's consolidated net profit decreased 15.54% to Rs 1,375.47 crore on 7.5% slide in revenue from operations to Rs 17,260.38 crore in Q2 FY25 over Q2 FY24. Shares of Hyundai Motor India debuted on the bourses on 22 October 2024. The scrip was listed at Rs 1,931, representing a 1.48% discount to the issue price of Rs 1,960. The scrip rose 0.38% to Rs 1,832.95 on the BSE.Powered by Capital Market - Live

Securities in F&O Ban: Aarti Industries, Aditya Birla Fashion Retail (ABFRL), Adani Enterprises, GNFC, Granules India, Hindustan Copper, IGL, National Aluminium Company (NALCO). Stocks to watch: Tata Power Company signed memorandum of understanding (MoU) with Asian Development Bank for $4.25 billion to finance key clean energy power projects. Afcons Infrastructure received letter of acceptance (LoA) from Uttarakhand Project Development and Construction Corporation for civil works worth Rs 1,274 crore. Hyundai Motor India to set up two renewable energy plants in Tamil Nadu and has signed a Power Purchase and Shareholder Agreement with Fourth Partner Energy. It currently fulfils 63% of its energy requirements using renewable sources (as on June 2024), and aims to reach the 100% mark ahead of most automakers in the country. SJVN has signed an Memorandum of Understanding (MoU) with Rajasthan Energy Development to spearhead the development of renewable energy in the state. Under the MoU, SJVN would develop 5 GW Pumped Storage Projects and 2 GW Floating Solar Projects in the state. Nippon lIfe Indian Asset management has executed a definitive agreement with One Place Commercials for the purchase of commercial office space in Lower Parel, Mumbai for Rs 486 crore. Raymond has received a 'No observation letter' from the NSE & BSE for the scheme of arrangement between the company and Raymond Realty.Powered by Capital Market - Live

Net profit of Hyundai Motor India declined 15.54% to Rs 1375.47 crore in the quarter ended September 2024 as against Rs 1628.46 crore during the previous quarter ended September 2023. Sales declined 7.50% to Rs 17260.38 crore in the quarter ended September 2024 as against Rs 18659.69 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales17260.3818659.69 -7 OPM %12.7813.08 - PBDT2368.392788.63 -15 PBT1849.852232.04 -17 NP1375.471628.46 -16 Powered by Capital Market - Live

The profit before tax (PBT) for Q2 of FY25 stood at Rs 1,849.85 crore, registering de-growth of 17.12% on YoY basis. The decline in PBT and net profit were mainly due to weak market sentiments and geo-political factors. EBITDA margin decreased to 12.78% in September 2024 quarter from 13.08% YoY posted in September 2023. The company sold a total of 1,91,939 units of passenger vehicles during this quarter. This includes 1,49,639 units in the domestic market with a strong contribution from SUV segment. The export volume stood at 42,300 units. On half-yearly basis, the car manufacturer's net profit declined 3.13% to Rs 2,865.12 crore on 1.92% slide in revenue from operations to Rs 34,604.62 crore in H1 FY25 over H1 FY24. In the mid to long term, the company expects a sustained demand momentum in the industry and will continue to focus on quality of growth by maintaining an optimum balance between volume, market share and margins. Mr. Unsoo Kim, managing director said, 'Despite the sluggish market conditions, we have successfully maintained profitability in H1 FY25, largely due to our proactive and continuous cost control measures. Further, we will be launching the CRETA EV for mass market in the coming months and we expect it will be a game changer in the EV market.' Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured. Shares of Hyundai Motor India debuted on the bourses on 22 October 2024. The scrip was listed at Rs 1,931, representing a 1.48% discount to the issue price of Rs 1,960.Powered by Capital Market - Live

Hyundai Motor India will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

The scrip was listed at Rs 1931, at a 1.48% discount to its issue price. The stock has hit a high of Rs 1968.80 and a low of Rs 1865.75 so far in the trading session. Over 8.06 lakh shares of the company had changed hands at the counter till now. The initial public offer (IPO) of Hyundai Motor India received 23,63,27,903 bids for shares as against 9,97,69,810 shares on offer. The issue was subscribed 2.37 times. The Qualified Institutional Buyers (QIBs) category was subscribed 6.97 times. The Non Institutional Investors (NIIs) category was subscribed 0.60 times. The Retail Individual Investors (RIIs) category was subscribed 0.50 times. The issue opened for bidding on 15 October 2024 and closed on 17 October 2024. The price band of the IPO was fixed between Rs 1865 and 1960 per share. The IPO comprises entirely of offer for sale of 14,21,94,700 equity shares aggregating up to Rs 27,870.16 crore by Hyundai Motor Company. Proceeds from the offer will not be directly received by the company, and all offer proceeds will go to the selling shareholders, distributed in proportion to the shares sold by them. Hyundai Motor Company is the promoter. The promoters and promoter group hold 81,25,41,100 equity shares, aggregating to 100% of the pre-offer issued and paid-up equity share capital. Their post IPO shareholding is expected to be around 82.5%. Ahead of the IPO, Hyundai Motor India on Monday, 14 October 2024, raised Rs 8,315.28 crore from anchor investors. The board allotted 4.24 crore shares at Rs 1,960 each to 225 anchor investors. Hyundai Motor India is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY23. Manufactures and sells reliable, feature-rich, and innovative four-wheeler passenger vehicles backed by the latest technology. Additionally, parts such as transmissions and engines are also manufactured. The firm reported a consolidated net profit of Rs 1,489.65 crore and sales of Rs 17,344.23 crore for the three months ended on 30 June 2024. Powered by Capital Market - Live

The equity shares of Hyundai Motor India (Scrip Code: 544274) are listed effective 22 October 2024 and admitted to dealings on the Exchange in the list of A Group Securities.Powered by Capital Market - Live