Since Hyundai stock is not traded on US stock exchanges, there is no direct route to purchase Hyundai shares in India.
By purchasing an ETF (Exchange Traded Fund) that invests in Korean stocks on the US stock exchanges, you can purchase Hyundai shares.
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Can you purchase Hyundai shares?
How can I get Hyundai Motor stock? Any online brokerage account may be used to buy shares of HYMTF stock. WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab are well-known online brokerages providing access to the American stock market.
How did Hyundai fare in India?
Indians criticized Hyundai Pakistan’s post on Kashmir. (Images via Reuters and Twitter)
Hyundai, a manufacturer of automobiles, came under fire in India after its Pakistani dealer posted social media messages of support for Kashmir. In a statement, the company’s India division emphasized its “zero tolerance stance for insensitive speech.”
Hyundai Pakistan’s social media accounts posted messages on February 5 in support of the “Kashmiri brothers” and their “fight for independence.” To show its support for the separatist cause in Kashmir, Pakistan honors February 5 as “Kashmir Solidarity Day.”
The hashtag #BoycottHyundai, however, became popular on Twitter in India as many criticized the automaker for its social media posts on “Kashmir Solidarity Day”.
Hyundai India issued a statement in response to the incident stating that it “stands firmly for its strong culture of honouring nationalism.”
“The unauthorized social media post tying Hyundai Motor India is disrespecting our unmatched dedication and devotion to this wonderful nation. The statement stated, “India is the second home of the Hyundai brand, and we have a zero tolerance policy for insensitive communication. We vehemently reject any such view.
Why are Hyundai’s shares declining?
The shares of Hyundai Motor Co., the largest automaker in South Korea, are likely to increase. When compared to its 52-week low of 162,000 won ($133.77) on March 15, the stock increased by 11.73%, rising 2.55% to 181,000 won ($149.46) on March 30.
In the ten trading days leading up to March 29, foreigners took the lead in the recovery, purchasing shares worth a net 31 billion won. On the other side, over the same time period, individuals and institutions sold a net amount of shares of 25.7 billion won and 3 billion won, respectively. Between March 2 and March 15, foreign investors sold shares of the automaker worth more than 300 billion won.
Since the second half of 2021, Hyundai Motor’s market share has decreased as a result of worries about inflation, chip shortages, interest rate increases, and the Russia-Ukraine conflict. On June 24, 2021, the stock price reached a 52-week high of 249,000 won. On March 15, it fell by 35% to 162,000 won.
The stock appears to have captured the mood of the market and is about to recover. With the decline in the price of oil and hopes for peace talks between Russia and Ukraine, the worries have subsided. Additionally, the short-term performance of the automobile is anticipated to benefit from the weakening of the Korean won.
Even if industry observers predict a little improvement in the shortfall in the second half of this year, the chip shortage problem is still not showing any signs of improvement. Some market observers predict that the low supply problem would last beyond 2022. However, observers believe that the chip shortage issue has already been reflected in the auto stocks and won’t worsen any more.
The stock price is rising as a result of favorable valuation and market expectations for Hyundai Motor’s success. In response to the supply chain issue, the carmaker has enhanced its pricing strategy by raising the prices of finished cars and raising sales of premium car models.
“The average selling price (ASP) increase at Hyundai Motor will help the company’s performance in the first half of 2022. Additionally, a further decrease from the current level of the stock price will be limited, “the analyst at Hyundai Motor Securities Co., Chang Moon-su, stated.
With 7.5 times of the 12-month forward price-to-earnings ratio, the valuation has improved. With low interest rates a year ago, the forward P/E ratio, which typically ranges between 8 and 10, reached 10 to 11 times.
The long-term growth of the Hyundai Motor stock will determine its potential. Investors haven’t been drawn to the automaker’s plan for its future mobility operations, according to market observers. Only 26% of the company is owned by foreign investors, which is a proportion comparable to the global financial crisis of 2009.
By developing more than 17 EV lineups by 2030, Hyundai Motor is hastening the transition to electric vehicles. Additionally, it intends to increase profitability by adopting “smart factories,” which are automated production facilities run by information technology and digital data. The operating profit goal for Hyundai Motor is 8% by 2025 and 10% by 2030. “The automaker needs to draw up more specific goals,” said Kim Dong-ha, an analyst at Hanwha Investment & Securities Co. The automaker’s mid- to long-term growth plan is desirable.
As a further potential growth engine, the automaker is creating robots. Hyundai Motor is the first manufacturer of finished vehicles to commercialize industrial wearable robots, including the CEX (chairless exoskeleton), which provides sedentary assembly workers with knee support, and the VEX (vest exoskeleton), a follow-up exoskeleton with support for the neck and shoulders. Last month, the parent company Hyundai Motor Group acquired temporary operating licences from the government for 193 of its self-driving taxis. Robots for EV charging and customer service are two more categories that are being developed.
Why is Kia’s stock price rising?
There are several factors that contribute to the high price of Kia stock, including the fact that the company is only little older than 75 years old, having been started in 1944. As a result, it lacks the longevity of some of its more established Japanese rivals, like Toyota and Honda.
Although it has a significant presence in mature markets like Europe and North America, Kia is still largely focused on selling cars in emerging ones. These areas account for a lesser share of the company’s overall sales.
In a recent poll, just 33% of participants indicated they would think about purchasing a Kia when looking for a new automobile. This indicates that Kia doesn’t enjoy the same level of brand awareness as some of its more well-known competitors.
Hyundai pays a dividend, right?
Two times a year, Hyundai Motor pays dividends. April and October are the payment months. The dividend calendar displays for more than 1,000 dividend stocks which firm releases dividends in which month.
Which Indian stock is the priciest?
A well-known tire factory that produces a large variety of tires is Madras Rubber Factory (MRF). The business specializes in tires for cars, bicycles, lorries, buses, etc.
Among all the businesses listed on the BSE and NSE in India, MRF currently has the highest share price. MRF’s share price has never been higher than Rs. 98,599. At this time, the stock has a PE of 58.71.
The stock’s price has increased dramatically since it was only being traded for Rs. 10,000 in late 2012. Because the company has never split its shares and is supported by solid fundamentals, the price of MRF stock is so high.
How can I make a purchase at Genesis Technology?
- Decide on a platform. Our share-dealing table below can assist you in making a decision if you’re a beginner.
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The entire procedure may only take 15 minutes. A computer or smartphone, an internet connection, your passport or driver’s license, and a method of payment are required.
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Can I purchase one MRF share?
The past two years have been fantastic for MRF. Its stock increased by twofold, significantly outperforming the Nifty. The price of MRF shares in India is too expensive; a typical investor cannot afford to purchase even one share. In compared to other businesses that are in similar industries, MRF’s share price is the highest.
Anyhow, there are two potential causes for this: The company’s performance is so strong that it has become pricey, which is the first factor. Investors’ confidence in the business is the second justification.
It all comes down to the cost. When compared to other corporations, such as Reliance, the market price of MRF shares in India is significantly higher than that of other companies.
Why is MRF stock trading so high?
Many people begin their financial path with the intention of becoming wealthy. You can increase your financial fortune by making stock market investments. It’s crucial to comprehend a few terminology related to stock investing when doing this. Many consumers choose to invest in well-known companies because they are thought to be more dependable. MRF is one such stock. A share of MRF stock is currently worth Rs 80,084. The fact that MRF has never split its shares during the time it has been openly traded on the stock market is the primary cause of this outrageous price for one share.
All businesses typically offer investors a share split. MRF, however, deviates from this pattern. This article provides information on stock splits, plausible justifications for MRF not splitting its shares, and MRF split history.