Hyundai Motor India shares can fall over 26%, says InCred Equities. Here’s why
Shares of Hyundai Motor India Ltd could fall over 26% from current levels, says domestic brokerage InCred Equities, while maintaining its Reduce call on the counter. Analysts have assigned a target price of Rs 2,023 per share, significantly lower than the previous close of Rs 2,737 per share. The brokerage believes that the government’s recent…