Hyundai Motor India shares rise 5% after CRISIL reaffirms top credit ratings
Published on 25/08/2025 03:26 PM
Hyundai Motor India shares rise 5% after CRISIL reaffirms top credit ratingsAccording to Hyundai, the reaffirmation of CRISIL AAA/Stable for long-term facilities underscores the company’s highest degree of safety with regard to timely servicing of financial obligations. The CRISIL A1+ rating for short-term instruments further highlights HMIL’s superior liquidity position and operational efficiency.By CNBCTV18.com August 25, 2025, 3:26:56 PM IST (Published)2 Min ReadShares of Hyundai Motor India Ltd. gained as much as 5% on Monday, August 25, after the carmaker received top-tier credit ratings from CRISIL.
The rating agency affirmed CRISIL AAA/Stable for long-term facilities and CRISIL A1+ for short-term instruments.
According to Hyundai, the reaffirmation of CRISIL AAA/Stable for long-term facilities underscores the company’s highest degree of safety with regard to timely servicing of financial obligations. The CRISIL A1+ rating for short-term instruments further highlights HMIL’s superior liquidity position and operational efficiency.
“The highest ratings by CRISIL are a testament to Hyundai Motor India’s unwavering commitment to financial prudence and long-term value creation,” said Wangdo Hur, Whole-time Director & Chief Financial Officer, HMIL.
“As we continue to invest in ‘Progress for Humanity’ through innovation, sustainability, and customer-centric growth, our financial robustness remains a cornerstone of our journey in India,” Hur said.
Hyundai Motor India, like its peers, are gaining in trade on the back of potential GST rates rationalisation for the automobiles segment.
The Centre has proposed a sharp reduction in GST rates on entry-level two-wheelers, small cars and hybrid passenger vehicles, people in the know told CNBC-TV18.
The proposal comes in the backdrop of Prime Minister Narendra Modi's announcement on Independence Day on a two-tier GST structure expected to take shape by Diwali.
Hyundai Motor India, which is India's largest IPO, made its debut on the stock exchanges on October 22, listing at a discount on both the NSE and BSE.
The stock crossed its IPO price of ₹1,960 for the first time on June 9, 2025, seven months after its listing.
On Monday, Hyundai Motor India shares are now trading 4.67% higher at ₹2,477.20. The stock has risen 27% from its issue price of ₹1,960.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsHyundai Motor IndiaHyundai Motor India Ltd